The WNBA and NBA Board of Governors have unanimously approved the purchase of the Los Angeles Sparks by an investment group led by Earvin “Magic” Johnson and controlling owner of the Los Angeles Dodgers, Mark R. Walter, WNBA President Laurel J. Richie announced Wednesday. The investment group includes Dodger co-owners Todd L. Boehly, Robert L. Patton and Stan Kasten. Richie was joined by Johnson at the press event at STAPLES Center.
The franchise will remain in Los Angeles and play at STAPLES Center. The WNBA’s 2014 game and television schedule will also be announced this week.
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