Skip to content

Magic Johnson Sells Stake in Lakers

October 18, 2010

In a move that some think is paving the way to majority ownership of an NBA team, Magic Johnson has sold his 5% share in the Los Angeles Lakers. The NBA does not allow people to have ownership in multiple teams.

Advertisements
No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: