"The crowded fastbreak of prospective Dodgers owners suddenly has an all-star businessman and community leader holding the ball.
It's Magic Johnson, and the score for this city could be huge.
Johnson announced Friday that he had joined forces with Guggenheim Baseball Management, an arm of a financial services firm that controls more than $125 billion in assets, in hopes of buying the Dodgers.
With Johnson serving as the point man for a group that will be backed by the prestigious Guggenheim brand and led by respected veteran baseball executive Stan Kasten, it's a potential dream team.
The complete list of bidders hasn't emerged, but at this early point it would be difficult to find a group with a stronger combination of deep pockets, a deep Los Angeles connection, and deep affection for the Dodgers.
"I am so hyped, I'm ready to start right now,'' Johnson said in a phone interview Friday morning. "The Dodgers have been so important to this community for so many years, for so many reasons. I've lived through it all like everyone else and I want to make them great again."
Johnson is that rare former sports star whose business acumen has matched his athleticism. Since retiring from the Lakers in 1996, he has made millions in investments that have focused on rebuilding inner cities. His substantial portfolio includes Starbucks franchises and movie theaters and a piece of the Lakers, which he recently sold.
"The Dodgers are my next big thing," Johnson said. "This is not just millions of my money, this is dear to my heart. This is bringing back the brand for the people of Los Angeles."
Johnson said his investment is based on memories from 30 years ago, when the Dodgers were bigger than even his beloved Lakers.
"When I first got to town [in 1979], the Dodgers were on Page 1 of the L.A. Times and the Lakers were on Page 3," Johnson said. "I've seen how the Dodgers can be as big as the Lakers, and I want that to happen again.""