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Magic Johnson praised

Updated: March 30, 2012, 5:45 PM ET
By Ramona Shelburne and Tony Jackson | ESPNLosAngeles.com

Los Angeles Dodgers fans and players are thrilled Magic Johnson is part of the group that bought the team, but many are wondering how Frank McCourt could remain connected to the franchise he was forced to sell.

The Johnson group, largely funded by Guggenheim Capital chief executive officer Mark Walter, agreed to purchase the Dodgers, Dodger Stadium and a 50 percent stake in the parking lots surrounding the ballpark from McCourt for $2.15 billion.

Sources with knowledge of the agreement ...

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