Magic Johnson group to buy Dodgers for $2 billion. Do you believe in Magic? For an astounding $2.15 billion dollars, a sum decided Tuesday night, Frank McCourt believes. That's how much the Los Angeles Dodgers will cost Magic Johnson's group, the Wall Street Journal reports. Johnson's consortium beat out two others — one that included St. Louis Rams owner Stan Kroenke, and another that included billionaire Steve Cohen and former major league manager Tony La Russa.