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Sale of Dodgers finalized

Updated: May 2, 2012, 11:48 AM ET
ESPN.com news services

LOS ANGELES -- The tumultuous Frank McCourt era is over for the Los Angeles Dodgers.

The $2 billion sale of the team to Guggenheim Baseball Management, a group that includes former Los Angeles Lakers star Magic Johnson, was finalized Tuesday.

McCourt met with Dodgers employees Tuesday, expressing his appreciation, and introduced new controlling owner Mark Walter, said Howard Sunkin, a spokesman for McCourt.

Walter is chief executive officer of the financial services firm ...

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