Partner Irwin Raij, who led the team of Foley attorneys that assisted Guggenheim Baseball Management, an ownership group headed by Magic Johnson, Guggenheim CEO Mark Walter and former Nats president Stan Kasten, in its purchase of the Los Angeles Dodgers, described the transaction as a “sprint to the finish,” as the team had only four weeks following the execution of the contract to close this complex deal. He outlines the factors behind the record-breaking sale price of the Dodgers franchise and discusses some of his additional experiences in practicing sports law. The firm’s involvement in this deal follows on the heels of its successful representation of Rangers Baseball Express LLC in its acquisition of the Texas Rangers, and the Ricketts family in its acquisition of the Chicago Cubs.
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