I know that the past few weeks have been full of uncertainty as we looked to find a new ownership group for your beloved Sparks. I want to personally thank each and every one of you for your patience and ongoing support.
Today, I have some very good news to share. The WNBA and NBA Board of Governors have unanimously approved the sale of the Los Angeles Sparks to an investment group led by Earvin Magic Johnson and Mark Walter, Chairman and controlling owner of the Los Angeles Dodgers.
We are thrilled to welcome Magic, Mark and their partners to the WNBA. As owners of the Los Angeles Dodgers, this group is no stranger to the L.A. sports community, and Magic is clearly no stranger to L.A. basketball, having spent his entire professional career with the Lakers. We are proud to have them join the WNBA family, and we are equally proud to be joining their family.
The future for the Sparks couldnt be brighter under the leadership of this new ownership group. And I dont know about you, but I cant wait for the season to begin.
Thanks again for your patience, and heres to a terrific 2014.