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Think Of It As A Donation To The Community, Because It's Not Much As An Investment
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The WNBA's failing L.A. Sparks have a savior: Magic Johnson, who, along with his Dodgers ownership partner Mark Walter, is buying the franchise. When you're as rich as these guys are, you can afford to buy something like that and sustain certain losses for an indefinite period. But do you think there's any shot that the WNBA will ever turn a corner and become a success on its own? (ESPN)
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