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Magic Johnson and other Dodgers owners purchase the Sparks

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Mark Walter, Magic Johnson and other members of the Guggenheim Partners group that owns the Dodgers are buying the Sparks from Williams Group Holdings (and other minority owners), which had been losing money on the WNBA franchise. The only Dodger owner not involved in the purchase is Peter Guber, who is a minority owner of the Golden State Warriors who are looking to get an WNBA team.