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Dodgers Sale 2011: Magic Johnson Will Bid On The Dodgers

According to the LA Times, former Los Angeles Lakers legend Magic Johnson will be in on the bidding for the Los Angeles Dodgers, along with a power packed investment group. Magic will be the public face the ownership group including Stan Kasten, the former president of the Atlanta Braves and Washington Nationals, along with Mark Walter, chief executive of Guggenheim Partners, a financial services firm with $125 billion in assets. The firm is headquartered in Chicago and New York, though they have an office in Los Angeles as well.

Johnson was asked why he chose Kasten and Walter as his partners:

"Both guys are about building a winner and making a difference in the L.A. community."

Theses three will have a lot of dough to throw at the Dodgers and have it lined up ready to go , putting them amongst the leaders in the clubhouse if you will because of it. Kasten has even been rumored to be Bud Selig's replacement as MLB Commissioner.

Other possible bidders include Dallas Mavericks owner Mark Cuban, Southland baseball executive Dennis Gilbert, LA developers Rick Caruso and Alan Casden as well as former Buffalo Sabres owner Tom Golisano.

For more on the Dodgers, head over toTrue Blue LA.