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Posts Tagged ‘Magic Johnson’

Eli Broad Still Wants to Buy the LA Times

It’s almost too good to be true. On the same day that Magic Johnson and his Guggenheim partners took official media ownership of the Dodgers in Chavez Ravine, the bankrupt paper a few miles down the 110 freeway has hinted at the possibility of its own three-comma savior group.

In an advance excerpt from an interview conducted to promote Eli Broad’s new book The Art of Being Unreasonable: Lessons in Unconventional Thinking, the billionaire philanthropist indicated he still has his eye on the LA Times:

Broad said in an interview that he would like to “partner with others … maybe foundations or wealthy families” to take control of the newspaper [out of bankruptcy]. He said he has spoken to others about such an arrangement, but declined to name them.

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In Magic/Bird, The Media Propels The Story Forward

Tomorrow evening the Broadway play Magic/Bird has its opening night. The play follows the rivalry–and ultimately friendship–between NBA legends Magic Johnson and Larry Bird. Starring Kevin Daniels as Johnson and Tug Coker as Bird, the play chronicles the careers of the two men, from college to retirement, with Johnson’s HIV diagnosis a key turning point.

The play uses the media, from college beat reporters to Bryant Gumbel to a now-infamous Converse ad, to help move the plot forward. Francois Battiste, who plays multiple characters in the play, delivers a dynamite Gumbel impersonation, bringing laughs every time he assumed the role on stage (pictured below).

The role the media plays is not unlike the last play produced by the team of Tony Ponturo and Fran Kirmser, Lombardi, about the NFL coach.

In Lombardi, the protagonist was  a young reporter looking to profile the legendary Packers coach. His tale propelled the story forward in a linear way.

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This Picture is Worth 2 Billion Words

The passing of the torch as Magic Johnson and Frank McCourt are all smiles at Opening Day from Petco Park in San Diego.

Photo: Jon SooHoo/Los Angeles Dodgers

Bloomberg TV to Spotlight Magic Johnson

Bloomberg TV will devote two hours to Magic Johnson Thursday night after his bidding group purchased the Los Angeles Dodgers from Frank McCourt last month.

At 8 p.m. ET/PT, Trish Regan will host The Big Deal, a live one-hour report on Johnson’s role in the acquisition of the Dodgers. The show will feature interviews with Miami Dolphins owner and Related Companies CEO Steve Ross, former Dodgers manager Tommy Lasorda and Chris Bevilacqua, former chairman & CEO of CAA Sports Media Ventures and co-founder of College Sports Television.

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Don Mattingly Has a Bit of a Potty Mouth

Los Angeles Dodgers manager Don Mattingly was on The Dan Patrick Show Thursday and let a four-letter curse word slip out when discussing fellow potty mouth manager Ozzie Guillen of the Miami Marlins.

We’re not sure if Magic Johnson would approve of such language.

LA’s Magical New Baseball Anthem

At the nadir of the bankrupt Frank McCourt era, FishbowlLA offered up what we felt was a more fitting version of baseball’s seventh inning anthem. We’re sure glad we don’t have to sing that song anymore.

Thanks to this week’s $2.15 billion Dodgers deal, it’s time for a different Chavez Ravine shower refrain. So all together now, follow the bouncing billions and learn the words to “Take Me Out to the Bid Game:”

Take me out to the bid game,
Take me out with the zeros.

Buy me some land and broadcast rights,
I don’t care if it was a sneak attack,

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Jose Canseco Lobbies Magic Johnson for a Job

Former MLB outfielder Jose Canseco wasted little time sucking up to Magic Johnson after his bidding group bought the Los Angeles Dodgers for $2 billion Tuesday night.

Canseco, 47, was recently bounced from the Mexican Baseball League after he admitted taking testosterone.

Something tells us Magic and the Dodgers will pass on his services.

Magic Johnson’s Group Buys Dodgers for $2 Billion

Do you believe in Magic?

Magic Johnson‘s bidding group reached a deal to purchase the Los Angeles Dodgers and Dodger Stadium from Frank McCourt for a whopping $2 billion — the highest amount ever paid for a sports franchise. Bankruptcy judge Kevin Gross is expected to approve of the deal on April 13, a little over two weeks before McCourt must pay his ex-wife Jamie $131 million as part of their divorce settlement.

Guggenheim Baseball Management LLC are the official owners, which include Johnson, Mark R. WalterPeter Guber, Stan Kasten, Bobby Patton and Todd Boehly. The controlling owner is Walter, chief executive officer of the financial services company. Kasten, the former president of the Washington Nationals and Atlanta Braves, is expected to run the day-to-day operations.

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Three Groups Left in Dodgers Bidding

And then there were three.

Another round of cuts were made in the Los Angeles Dodgers bidding process and we could have a winner as soon as next week, according to Bill Shaikin of the Los Angeles Times:

The three finalists include a group led by hedge-fund billionaire Steven Cohen and Los Angeles billionaire and philanthropist Patrick Soon-Shiong; a group led by Magic Johnson and veteran baseball executive Stan Kasten; and St. Louis Rams owner Stan Kroenke.

The cut was confirmed by two people familiar with the sale process but not authorized to comment.

Major League Baseball owners are expected to vote on the three remaining bidders early next week. Final negotiations then would take place with Frank McCourt and Blackstone Advisory Partners, the investment bank brokering the sale.

Dodgers Blogger Ponders Jami Gertz in the Owners Box

Jon Weisman, Variety‘s most prominent baseball fan, shares a fun post today about the evolving MLB team sweepstakes. Although Magic Johnson and another bidder appear to be firmly in the lead, he notes that a Hollywood actress could also wind up in the owners box.

That would be Jami Gertz, wife of bidder Tony Ressler. Weisman dredges up the requisite Square Pegs and Seinfeld clips from YouTube, and also notes what could amount to a unique 6-4-3 ownership double play:

Gertz is already connected to baseball, thanks to Ressler’s position as a minority owner of the Milwaukee Brewers (partnered with another Hollywood connection, Mark Attanasio, brother of Homicide: Life on the Street creator Paul Attanasio).

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