Magic group purchases LA Sparks


The Sports Network

Los Angeles, CA ( - A group led by Magic Johnson and some of his partners with the Los Angeles Dodgers has purchased the Los Angeles Sparks.

Johnson and Dodgers controlling owner Mark Walter will head the investment group that also includes Dodgers co-owners Todd L. Boehly, Robert L. Patton and Stan Kasten.

"We are thrilled to welcome Magic Johnson and Mark Walter to the WNBA," said WNBA president Laurel J. Richie in a statement Wednesday. "With their proven track record in the business realm, their commitment to the city of Los Angeles through civic engagement, and their passion for the game of basketball, we look forward to partnering with our new owners to usher in a new era for this iconic team."

The Sparks had been owned by Williams Group Holdings, which reportedly told the WNBA in December of its plans to walk away from the franchise.

"This is a great day for the city of Los Angeles and the Sparks," said Johnson in the league's release. "The leaders of this great city came together quickly to keep this franchise right where it belongs -- in the city of Angels. Our group will now work together to bring our loyal fans another WNBA championship."

The Sparks were owned by late Lakers owner Jerry Buss, who sold his stake in 2006 to a group led by Kathy Goodman and Carla Christofferson. Williams Group Holdings became the primary investor the following year.

Established in 1997 as one of the WNBA's original franchises, the Sparks won league titles in 2001 and 2002.

Read more WNBA stories from the Miami Herald

Get your Miami Heat Fan Gear!

Join the

The Miami Herald is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

The Miami Herald uses Facebook's commenting system. You need to log in with a Facebook account in order to comment. If you have questions about commenting with your Facebook account, click here.

Have a news tip? You can send it anonymously. Click here to send us your tip - or - consider joining the Public Insight Network and become a source for The Miami Herald and el Nuevo Herald.

Hide Comments

This affects comments on all stories.

Cancel OK

  • Marketplace

Today's Circulars

  • Quick Job Search

Enter Keyword(s) Enter City Select a State Select a Category