Deals
L.A. Dodgers Said Valued at $2.5 Billion in Minority Stake Sale
- Major League Baseball team’s owners won’t surrender control
- Team was bought in 2012 for $2.15 billion from Frank McCourt
Starter Kenta Maeda of the Los Angeles Dodgers pitches against the St. Louis Cardinals in St. Louis, Missouri, on May 30, 2017.
Photographer: Dilip Vishwanat/Getty ImagesThis article is for subscribers only.
The owners of the Los Angeles Dodgers say the team is now worth $2.5 billion, according to people with knowledge of the effort to sell a minority stake in the baseball club. They asked to be anonymous because the matter is private.
The Dodgers’ six owners -- Mark Walter, Todd Boehly, Bobby Patton, Magic Johnson, Peter Guber and team Chief Executive Officer Stan Kasten -- bought the team in 2012 for $2.15 billion, making it the first professional sports team to sell for more than $2 billion.