Magic Johnson told the Los Angeles Times that he plans to participate in the bidding process for the Los Angeles Dodgers.

"I love baseball," Johnson said. "I've been a Dodgers fan and gone to the park many, many times."

In 2010, Johnson sold his 4.5% ownership share of the Lakers. He is an investor in the Dayton Dragons, a minor league baseball team that has sold out 844 consecutive games, an ongoing record for a professional sports team in the United States.