Does Magic Johnson still own part of the Lakers?

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Does Magic Johnson still own part of the Lakers?

Does Magic Johnson still own part of the Lakers?

Over the years, Magic Johnson Enterprises has continually invested ownership in many lucrative businesses such as the Los Angeles Lakers, movie theaters and restaurants in the United States, including T.G.I. Friday's, Sodexo, and Burger King locations.

When was Magic Johnson on the Lakers?

Magic Johnson
Personal information
Number32
Career history
As player:
1979–1991, 1996Los Angeles Lakers

Was Magic Johnson drafted by the Lakers?

Johnson was the Lakers first round choice (first overall) in the 1979 NBA Draft, becoming the club's first-ever overall number one selection. The Lakers acquired the pick as compensation from New Orleans when the Jazz signed free agent guard Gail Goodrich prior the 1976-77 campaign (won coin flip with Chicago).

Who did Magic Johnson sell his Lakers shares to?

Dr. Patrick Soon-Shiong According to a team announcement, Ervin Magic Johnson has sold his stake in the Los Angeles Lakers to Dr. Patrick Soon-Shiong, a Lakers season ticket holder for 25 years, for an undisclosed sum.

What percent of the Dodgers does Magic Johnson own?

The Dodgers, who recently won the World Series, are said to be worth $3.4 billion now. Johnson owns a 2.3% stake in the team and had invested $50 million during the purchase.

How many times did Magic Johnson lost in the NBA Finals?

Since 1962-63, LeBron James has lost the most games in the NBA Finals, with 33 losses.
NAMESERIESL
Jerry WestNBA Finals29
Kareem Abdul-JabbarNBA Finals27
Magic JohnsonNBA Finals26
Michael CooperNBA Finals23

When was Magic Johnson drafted?

1979 (Round: 1 / Pick: 1) Magic Johnson/NBA draft

How did the Lakers end up with Magic Johnson?

The Utah Jazz were supposed to draft in the first position, but the Jazz had conveyed their 1979 first-round pick to the Los Angeles Lakers three years earlier as compensation for the free-agent signing of Gail Goodrich. Thus the Lakers took Johnson with the first overall pick.

How did the Lakers get Magic Johnson and James Worthy?

In a coin toss between the Lakers and the San Diego Clippers, luck would be on the Lakers' side again, as the coin landed on their selection and got them the number one pick, which they would use to select James Worthy.

When did Magic Johnson retire?

1996 Magic Johnson/Fine carriera Magic Johnson dominated the court as one of professional basketball's best players for 13 years. He retired from the Los Angeles Lakers in 1991 after revealing that he had tested positive for HIV, the virus that causes AIDS, though he later returned in 1996 for one final season.

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