October 19, 2010

Tuesday, October 19, 2010

Lakers lose some magic

Former Laker Superstar, Earvin “Magic” Johnson, is no longer part owner of the NBA champion Lakers.  Sad, but true. Yesterday, the team announced Johnson had sold his ownership share to Dr. Patrick Soon-Shiong, a 25-year season-ticket holder, local businessman, and philanthropist.   Johnson reportedly bought his share for $10 million in 1994. No official word on what it sold for, but according to […]