Remember NBA player Magic Johnson from back in the day? Of course you do, because he is one of the best bballers of all time. Well, since his days as a player (Magic played all of his 13 seasons in the NBA with the Lakers), Magic briefly coached the Lakers, became a broadcaster, and bought a 4.5% stake in the Lakers franchise. Yesterday, it was announced that Magic sold his share in the team to Dr. Patrick
Soon-Shiong, a 25 year Lakers ticket holder and more importantly, successful physician, buisnessman, and teacher.
Apparently, Magic sold his share with the hope of one day purchasing a larger stake in a professional team. (Recently, Magic has shown interest in purchasing a large stake in the Detroit Pistons.) Can the Lakers go on without Magic on their side?
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