NEW YORK (AP) -- Former Lakers Hall of Famer Magic Johnson and longtime baseball executive Stan Kasten were part of a group that agreed to buy the Los Angeles Dodgers from Frank McCourt for a record $2 billion.
The price would shatter the mark for a sports franchise, Stephen Ross paid $1.1 billion for the NFL's Miami Dolphins in 2009, and in England In Malcolm Glazer and his family took over the Manchester United soccer club in 2005 in a deal then valued at $1.47 billion.
Mark Walter, chief executive officer of the financial services firm Guggenheim Partners, would become the controlling owner. Kasten likely would be the team's top day-to-day executive.
The deal, revealed about five hours after Major League Baseball owners approved three finalists for an intended auction, is one of several steps toward a sale of the team by the end of April. It is subject to approval in federal bankruptcy court.
PORT ST. LUCIE, Fla. (AP) -- New York Mets knuckleballer R.A. Dickey opens up in a revealing new biography, "Wherever I May Wind Up: My Quest for Truth, Authenticity and the Perfect Knuckleball," about being sexually abused by a female baby sitter multiple times when he was 8 years old, and also by a 17-year-old male on another occasion.
He talks about contemplating suicide six years ago, and finding a syringe in a clubhouse bathroom when he was the Texas Rangers in 2001.
The book written with New York Daily News reporter Wayne Coffey is scheduled to be released this week and an excerpt is included in this week's Sports Illustrated.
PHOENIX (AP) -- Catcher Jonathan Lucroy and the Milwaukee Brewers agreed to a five-year contract worth about $11 million. The deal would increase to $13 million if he is eligible for salary arbitration after this season.
MILWAUKEE (AP) -- Milwaukee Brewers outfielder Nyjer Morgan is putting his offbeat sense of humor to work, encouraging fans to adopt pets from animal shelters in a new promotional campaign for PETA.
Morgan and Slick Willie, a playful gray cat he adopted from a shelter last year, posed for photographs and recorded a video on behalf of the animal rights advocacy group.
TAMPA, Fla. (AP) -- New York Yankees reliever Joba Chamberlain expects to recover from his trampoline injury and pitch in the majors this season.
The accident last week left him with a dislocated right ankle. He is on crutches and will be in a cast for six weeks.
Chamberlain feels he let the team down, but isn't second-guessing himself for playing with his 5-year-old son at a Tampa-area recreation spot.
TAMPA, Fla. (AP) -- The New York Yankees released Preston Mattingly, who had agreed to a minor league contract in January.
The 24-year-old son of former Yankees star and current Los Angeles Dodgers manager Don Mattingly had been playing for Double-A Trenton in spring training games.
PALM BEACH, Fla. (AP) -- Sean Payton spoke publicly for first time since the Saints were sanctioned for targeting specific opponents, saying he will soon decide whether to appeal his suspension.
He also said he is checking to see if mentor Bill Parcells would run the team while he serves his penalty for allowing a Saints assistant coach and players to operate a crunch-for-cash bounty program.
PALM BEACH, Fla. (AP) -- NFL owners ratified the agreement between the league and players' union that takes away $36 million in salary cap space from the Redskins and $10 million from the Cowboys.
Other than Dallas and Washington, no clubs voted to oppose the agreement, which raised the salary cap for 2012 from about $113 million to $120.6 million. The Cowboys and Redskins have sought arbitration, which will be conducted by University of Pennsylvania professor Stephen Burbank.
The Cowboys will play in the season opener on Sept. 5 at the Super Bowl champion New York Giants. That game will be on a Wednesday night for the first time; President Barack Obama is scheduled to address the Democratic National Convention on Sept. 6.
In other news at the meetings, the NFL players' union voted to repeal a rule that prohibited certified agents from having contact with college players until the student-athletes have been out of high school for three years.
PALM BEACH, Fla. (AP) -- Jets coach Rex Ryan says the team did not consult with starting quarterback Mark Sanchez before acquiring Tim Tebow.
Ryan didn't think that was unusual, telling reporters at the owners meetings that "Mark's job is to play quarterback, not be the general manager."
CLEVELAND (AP) -- Cavaliers guard Daniel Gibson tore a tendon in his left foot and ankle and will likely miss the remainder of the season.
Baylor center Brittney Griner was a unanimous pick for The Associated Press' women's All-America team, earning the honor for the second straight season.
The 6-foot-8 Griner has been dominant all season, leading Baylor to an unbeaten season. She's averaging 23.4 points, 9.4 rebounds and 5.2 blocks.
Nnemkadi Ogwumike of Stanford, Elena Delle Donne of Delaware, Skylar Diggins of Notre Dame and Alyssa Thomas of Maryland rounded out the team.
MEMPHIS, Tenn. (AP) -- The University of Memphis has extended the contract of basketball coach Josh Pastner by one year, carrying him through the 2017 season.
KEY BISCAYNE, Fla. (AP) -- Serena Williams' bid for a record sixth Key Biscayne title ended when she lost in the quarterfinals of the Sony Ericsson Open to former No. 1 Caroline Wozniacki, 6-4, 6-4.
The buzz Andy Roddick got from beating Roger Federer turned into a hangover when Juan Monaco became a real headache. Less than 24 hours after his upset win over Federer, Roddick endured a drubbing against Monaco 7-5, 6-0.
No. 2-seeded Maria Sharapova became the first semifinalist when she routed reigning French Open champion Li Na 6-3, 6-0. Sharapova had lost their previous four meetings. The Russian plays Wozniacki on Thursday.