Knowing who owns the Dodgers can be handy if you’re a baseball fan. The Los Angeles Dodgers are one of America’s most notorious baseball teams. They’ve been around for over a century, and their rich history is full of legendary players and moments. And many in other parts of the world, including the UK, want to know who actually owns the team.
The answer may surprise you. Guggenheim Baseball Management, an investment group that purchased the team in 2012 for a staggering $2 billion, currently owns the Dodgers. However, the team’s majority owner is actually Mark Walter, the CEO of Guggenheim Partners.
Walter is a relatively young owner. However, he has already made his mark on the team by assembling one of the most talented rosters in baseball. Let’s rollover to the purpose of the Dodgers, who owns them, and their history,
What Are The Dodgers?
The Dodgers are a professional baseball team that plays in the National League of Major League Baseball. The team calls Los Angeles, California home, and they play their home games at Dodger Stadium.
They are one of the most booming teams in baseball history. The Dodgers are a charter member of the National League, which means they were one of the first teams to be formed in the league. The team got its start in 1884 as the Brooklyn Atlantics.
In 1932, the team was renamed the Brooklyn Dodgers. The team has been playing under that name ever since.
The Dodgers have a long-standing contention with the San Francisco Giants. The rivalry began when 2 teams were based in New York City. It intensified when the teams moved to California, as they are now both based in different parts of the state. The rivalry is often called the “Battle of California.”
They have a large fan base both in Los Angeles and around the United States. The team is known for having die-hard fans who can give everything for their team to show support.
Who Owns The Dodgers?
The Los Angeles Dodgers are one of America’s most illustrious baseball teams. They’ve been in existence since 1884, and they’ve been based in LA since 1958.
But despite its rich history, the team has had its share of financial crunches. In 2012, the Dodgers filed for bankruptcy, and their new owners, Guggenheim Baseball Management, took on $2 billion in debt to buy the team.
The team is currently valued at $3 billion, but it’s unclear how much of that value is due to the brand and how much is due to the real estate and other assets that the team owns.
Conclusion
As you may be able to tell, the Dodgers have been through a lot in their over 100 years of existence. But thanks to the new ownership group, they are back on track and, once again, one of the premier teams in baseball.