Magic Johnson Sells Lakers Stake to Try His Luck in Detroit

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. 

In Johnson's own words, “This was a bittersweet business decision made on behalf of my family and myself, and I want to assure all the wonderful and loyal Lakers fans that my decision will in no way affect my dedication and support for the Los Angeles Lakers. I am and will always be a Laker for life.”

A business decision. Really?

Magic is nothing if not a savvy ...

Read Complete Article at Bleacher Report - Los Angeles Lakers
Article is property of BleacherReport.com