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Dodgers Today Will Introduce New Guggenheim Ownership Group

The Dodgers have scheduled a 1:00pm ET press conference in L.A. to introduce Guggenheim Baseball Management, which yesterday closed on its $2.15B purchase of the club. Among those slated to appear are Guggenheim execs Mark Walter, Magic Johnson, Stan Kasten, Peter Guber, Bobby Patton and Todd Boehly, L.A. Mayor Antonio Villaraigosa, MLB Exec VP/Labor Relations & HR Rob Manfred, club ambassador Tommy Lasorda and a large collection of former Dodgers players, including Steve Garvey, a failed bidder for the team.

MLB Commissioner Bud Selig late yesterday issued a lengthy statement praising the completion of the highly complex deal and the arrival of Guggenheim. Despite numerous objections from the league during a April 13 bankruptcy court hearing to approve the sale, Selig yesterday said MLB's requirements regarding the installation of new owners "were met." While never specifically mentioning former owner Frank McCourt or their multiple, fractious battles, Selig added, "I am grateful that the unbecoming events of recent years are behind us."

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