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    You are at:Home»Latest News»Magic Johnson reportedly eyeing surprising NBA ownership move
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    Magic Johnson reportedly eyeing surprising NBA ownership move

    Ironside Sports MediaBy Ironside Sports MediaJanuary 22, 2025No Comments2 Mins Read
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    Magic Johnson could not be a Los Angeles Lakers lifer in a single regard.

    Jack Bezants of DailyMail.com reported on Tuesday that the retired NBA icon Johnson is within the combine to guide the possession group of an NBA enlargement staff positioned in both Las Vegas or Kansas Metropolis. The report provides that a number of funding teams in Las Vegas particularly are inquisitive about partnering with Johnson, given his enterprise expertise and his already-extensive sports activities possession portfolio.

    The 65-year-old Johnson does certainly have quite a few possession stakes in a number of distinguished groups throughout all kinds of sports activities (together with MLB’s Los Angeles Dodgers, the NFL’s Washington Commanders, the WNBA’s Los Angeles Sparks and MLS’ Los Angeles FC). However in the case of his NBA portfolio, Johnson has by no means held a stake in a staff aside from his beloved Lakers (buying a roughly 4.5 % share of the staff in 1994 for a reported $10 million earlier than ultimately promoting these shares in 2010).

    Johnson has stated up to now that he has declined possession alternatives in a number of different NBA groups due to his love for the Lakers. However that love could now be reaching its restrict, particularly if Johnson will get an opportunity to staff up with this other basketball big dog who is interested in expansion ownership.





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