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    Home»Sports»Magic Johnson reportedly eyeing surprising NBA ownership move
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    Magic Johnson reportedly eyeing surprising NBA ownership move

    Veritas World NewsBy Veritas World NewsJanuary 22, 2025No Comments2 Mins Read
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    Magic Johnson reportedly eyeing surprising NBA ownership move
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    Magic Johnson reportedly eyeing surprising NBA ownership move


    Magic Johnson might 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 steer the possession group of an NBA enlargement group positioned in both Las Vegas or Kansas Metropolis. The report provides that a number of funding teams in Las Vegas particularly are concerned with 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 outstanding 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 with regards to his NBA portfolio, Johnson has by no means held a stake in a group apart from his beloved Lakers (buying a roughly 4.5 p.c share of the group in 1994 for a reported $10 million earlier than finally promoting these shares in 2010).

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





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