Published 17:31 IST, October 19th 2020

Who owns LA Dodgers? American business group worth a whopping $3.4 BILLION

Who owns LA Dodgers? The NL West division franchise made it to their third World Series in four years and here's all you need to know about their owners.

Reported by: Arnold Dsouza
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Los Angeles Dodgers stunned  Atlanta Braves with a sensational comeback, overturning a 3-1 series deficit to win 4-3 and set up a World Series showdown with Tampa Bay Rays. Cody Bellinger hit  crucial home run for Dodgers on Sunday at Globe Life Field Arena leading  National League West division franchise to ir third World Series appearance in four years. 

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Who owns LA Dodgers? LA Dodgers majorly owned by Guggenheim Baseball Manment group

LA Dodgers have been owned by Guggenheim Baseball Manment ever since  MLB giants went bankrupt in 2012. Previous LA Dodgers owner, Frank McCourt sold National League side to Guggenheim Baseball Manment,  group that was initially formed to acquire Dodgers, who spent a whopping $2.15 billion in cash on purchase.

At its inception,  consortium consisted of Guggenheim controlling partner Mark Walter and had investments made by Los Angeles Lakers legend Earvin "Magic" Johnson, movie producer Peter Guber, baseball team executive Stan Kasten, investor Bobby Patton and former Guggenheim executive Todd Boehly.

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Tennis great Billie Jean King and her partner Ilana Kloss n joined Los Angeles Dodgers ownership group in 2018, buying a mirity share in team. Business entrepreneurs Alan Smolinisky and Robert L. Plummer later joined group in September 2019. Andrew Friedman is incumbent President of Baseball Operations for LA Dodgers.

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LA Dodgers net worth details: How much are World Series 2020 finalists worth? 

According to reports from Statista, LA Dodgers net worth is a staggering $3.4 billion as of 2020. rise of LA Dodgers net worth has been substantial ever since Guggenheim Baseball Manment took ownership of franchise. 

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LA Dodgers hoping to win seventh World Series title

LA Dodgers reached World Series in 2017 and 2018 but lost to Astros and  Boston Red Sox respectively. six-time World Series champions will be hoping to win ir first title since 1988 and seventh overall when y begin ir best-of-seven World Series on Tuesday against Tampa Bay. All games will be played at a neutral venue - Globe Life Field - due to coronavirus pandemic. 

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Im Credits - AP

Disclaimer: above mentioned net worth details have been sourced from media reports. This website does t guarantee 100% accuracy of figures.

17:31 IST, October 19th 2020