Dodger BlueDodger BlueDodger Blue
  • Dodgers News
    • MLB News
  • Rumors
  • Schedules
    • 2025 Spring Training
    • 2025 Dodger Stadium giveaways
    • 2025 regular season
  • Team
    • Active roster
    • Salaries
  • Video
  • Odds
    • MLB Odds
    • NHL Odds
    • NFL Odds
    • NBA Odds
    • NCAAF Odds
    • NCAAB Odds
    • CFL Odds
    • UFC Odds
    • Boxing Odds
    • MLS Odds
    • PGA Odds
  • About
    • Terms of Service
    • Privacy Policy
    • Contact
Font ResizerAa
Dodger BlueDodger Blue
Font ResizerAa
  • Dodgers News
  • Rumors
  • Schedules
  • Team
  • Video
  • Odds
  • About
Search
  • Dodgers News
    • MLB News
  • Rumors
  • Schedules
    • 2025 Spring Training
    • 2025 Dodger Stadium giveaways
    • 2025 regular season
  • Team
    • Active roster
    • Salaries
  • Video
  • Odds
    • MLB Odds
    • NHL Odds
    • NFL Odds
    • NBA Odds
    • NCAAF Odds
    • NCAAB Odds
    • CFL Odds
    • UFC Odds
    • Boxing Odds
    • MLS Odds
    • PGA Odds
  • About
    • Terms of Service
    • Privacy Policy
    • Contact
Follow US
© 2024 Medium Large Sports Media, LLC. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Service and Privacy Policy.
Dodger Blue > Rumors > Dodgers Rumors: Guggenheim Ownership Group Values Franchise At $2.5 Billion
Rumors

Dodgers Rumors: Guggenheim Ownership Group Values Franchise At $2.5 Billion

Matthew Moreno
June 1, 2017
2 Min Read
Todd Boehly, Stan Kasten, Mark Walter
Kirby Lee/USA TODAY Sports
SHARE

When the Guggenheim Baseball Management group purchased the Los Angeles Dodgers from Frank McCourt, they paid a record $2.15 billion. It marked the first time a professional sports team was sold for more than $2 billion.

Dodgers chairman and controlling owner Mark Walter, team president and CEO Stan Kasten, and co-owner Magic Johnwon viewed the steep price as an investment. The group was confident they’d be able to restore the proud franchise to its previous heights.

In February, it was reported the ownership group had made a minority stake available for sale. According to Scott Soshnick of Bloomberg, Guggenheim valued the franchise at $2.5 billion:

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.

Prior to the instance this year, the Dodgers were said to have previously considered selling a minority stake in the franchise to a group from South Korea. It’s not believed a deal ever neared completion.

The Dodgers were valued at $2.75 billion by Forbes this season, trailing only the New York Yankees. The publication gave New York a $3.4 billion valuation in 2016, and Los Angeles a $2.5 billion valuation.

Despite their overtures, whether the Dodgers will ultimately move forward with a sale of a portion of the franchise is unclear. Should that ever come to fruition, Guggenheim is not expected to surrender a controlling stake of the team.

Total
0
Shares
Share 0
Tweet 0
Pin it 0
Share 0
TAGGED:Guggenheim Baseball ManagementLos Angeles Dodgers
ByMatthew Moreno
Matthew Moreno is a journalist from Whittier, Calif., who is a credentialed reporter and is currently the Executive Editor of DodgerBlue.com and LakersNation.com. In addition to covering Los Angeles Dodgers and Los Angels Lakers, Matthew has a strong passion for keeping up to date with the sneakerhead culture. It began with Michael Jordan and Air Jordan shoes, and has carried over to Kobe Bryant's signature line with Nike. Matthew previously was the lead editor and digital strategist at Dodgers Nation, and the co-editor and lead writer at Reign of Troy, where he covered USC Trojans Football. Matthew graduated from California State Long Beach University with a major in journalism and minor in communications. Contact: matt@mediumlargela.com
Ad imageAd image
Sign Up for Our Newsletter
Get breaking Dodgers News direct to your inbox.

You Might Also Like

Globe Life Field entrance
FeaturedMLB News

MLB Plans To Sell Limited Tickets For NLCS, World Series At Globe Life Field

October 1, 2020
October 1, 2020
Josue De Paula, MLB Spring Breakout game, 2024 Spring Training
Dodgers Minor Leagues

Dodgers Have Second-Most Prospects On MLB Pipeline Top 100 List For 2025

January 31, 2025
February 1, 2025
Yasiel-puig-dave-roberts
Dodgers News

Dodgers News: Dave Roberts Remains Content With Yasiel Puig Batting 8th

August 14, 2017
August 14, 2017
Walker Buehler, PFP drills, 2022 Spring Training
Dodgers NewsFeatured

Dodgers Injury Update: Walker Buehler ‘Trending In Right Direction,’ Poised To Begin Throwing

July 25, 2022
July 25, 2022

Categories

  • News
  • Rumors
  • Games
  • History

Information

  • Advertise
  • Terms and Conditions
  • Privacy Policy
  • Contact Us

Sign Up for Our Newsletter

Get breaking Dodgers News direct to your inbox.

© 2025 Medium Large Sports Media, LLC. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Service and Privacy Policy.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

  • 日本語
  • 한국어