Baseball Commissioner Allan H. (Bud) Selig issued the following statement today regarding the closing of the sale of the Los Angeles Dodgers franchise to Guggenheim Baseball Management:
"After a long and difficult road, the sale of the Dodgers is now complete, and I am pleased that the club can have the fresh start it deserves under new ownership. I congratulate Mark Walter, Magic Johnson, Stan Kasten and all of their partners, and I look forward to working with them. In addition, I want to personally thank all Dodger fans for their patience and loyalty during this trying period. I have said many times that we owed it to them to ensure that the club was being operated properly and would be guided appropriately in the future. It is my great hope and firm expectation that today's change in ownership marks the start of a new era for the Los Angeles Dodgers and that this historic franchise will once again make the city of Los Angeles proud.
"Despite going through bankruptcy court, this process required the same due diligence and analysis that any other sale would demand. Through all the challenges of this highly unique situation, our requirements were met. Ultimately, the sale produced a record figure in all of sports, illustrating the strength of our industry.
"The 2012 season is off to a remarkable start. As we welcome the new stewards of the Dodgers, I am grateful that the unbecoming events of recent years are behind us and the focus can be squarely on the field, where the Dodgers currently hold the best record in the National League."