RANDY ECONOMY: MY WORLD: DODGERS ARE MAGIC! Team Johnson scores winning ticket for Dodger BLUE!

Tuesday, March 27, 2012

DODGERS ARE MAGIC! Team Johnson scores winning ticket for Dodger BLUE!

Los Angeles Dodgers (Photo credit: Wikipedia)

Magic Johnson and his group of investors are the big winners for the Los Angeles Dodgers. Yep.
It is a done deal, and the MAGIC MAN is now the OWNER OF THE LA DODGERS! I just heard the news on a local radio station. Good GAWD! $2 BILLION BUCKS.

Details to follow.

The Los Angeles Dodgers and Frank McCourt Announce Agreement With Guggenheim Baseball Management

LOS ANGELES, March 27, 2012 –

The Los Angeles Dodgers and Frank McCourt today announced an agreement under which Guggenheim Baseball Management LLC (“GBM”) will acquire the Los Angeles Dodgers for $2 billion upon completion of the closing process. The purchasing group includes Mark R. Walter as its controlling partner, as well as Earvin “Magic” Johnson, Peter Guber, Stan Kasten, Bobby Patton and Todd Boehly. Mr. McCourt and certain affiliates of the purchasers will also be forming a joint venture, which will acquire the Chavez Ravine property for an additional $150 million.

The Los Angeles Dodgers stated, “This transaction underscores the Debtors’ objective to maximize the value of their estate and to emerge from Chapter 11 under a successful Plan of Reorganization, under which all creditors are paid in full.”

Frank McCourt stated, “This agreement with Guggenheim reflects both the strength and future potential of the Los Angeles Dodgers, and assures that the Dodgers will have new ownership with deep local roots, which bodes well for the Dodgers, its fans and the Los Angeles community. We are delighted that this group will continue the important work we have started in the community, fulfilling our commitment to building 50 Dream Fields and helping with the effort to cure cancer.”

Earvin “Magic” Johnson stated, “I am thrilled to be part of the historic Dodger franchise and intend to build on the fantastic foundation laid by Frank McCourt as we drive the Dodgers back to the front page of the sports section in our wonderful community of Los Angeles.” Related articles

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Meet Randy Economy

You may know me from my role as the Senior Advisor and Official Media Spokesman for the Recall Gavin Newsom campaign that established a worldwide blitz of interviews. I conducted more than 2,200 media interviews on behalf of “The People’s Recall” during a 10-month period from November 2020 to September 2021. The iconic magazine Mother Jones in a dramatic feature article called me “A ‘Superhero Pirate’ Radio Host, (and) Gavin Newsom’s Strangest—and Most Dangerous—Threat. Meet Randy Economy, the man behind the effort to recall California’s governor.” I appeared on more than 330 media outlets around the world in my capacity with RecallGavin2020. Fox News, CNN, MSNBC, Newsmax, NBC Nightly News, ABC News, as well as the Wall Street Journal, Washington Post, Politico, and dozens of other media outlets aired featured reports on my work on behalf of “The People’s Recall.” I am and will always consider myself to be a journalist. Sometimes I think I bleed ink. My talents as an Investigative Journalists in California earned me FIVE top awards from the prestigious Los Angeles Press Club in 2013, 2014, and 2016. I am tenacious. My reporting over the years has led to the prosecution of several elected officials in California. While working for a tiny community newspaper in Southeast Los Angeles County, I worked doggedly to expose the biggest public corruption case in Los Angeles County history when I unearthed a massive pay to play scheme inside the Assessor’s Office that led to the arrest of then Assessor John R. Noguez and four others. However, politics has been in my DNA since I was a child. I have worked on more than 300 political campaigns as a consultant and advisor since 1982 for candidates from all sides of the political spectrum including Democrats and Republicans, and even Libertarians. I am also a small business owner, serving as the President and CEO of Hot Water Studio & Production, LLC. My company works with media outlets across the state, nation, and world exposing public corruption via several new media platforms. I have also overcome personal challenges. I am legally blind with zero vision in my right eye and only 40 percent vision remaining in my left eye. I sometimes wear an eyepatch due to my failed vision. (Hence the nickname of “America’s Political Pirate.”