Skip to content

Magic Johnson: ‘I could be an owner tomorrow’

May 15, 2014, 12:38 PM EDT

NLCS - Los Angeles Dodgers v St Louis Cardinals - Game One Getty Images

Magic Johnson spent most of his interview with CNN’s Anderson Cooper earlier this week discussing Donald Sterling.

But Johnson – in light of his own reported desire to buy the Clippers – also addressed his desire to own an NBA team.

Johnson:

I could be an owner tomorrow. I could have been an owner. My friends who own Golden State asked me to join them. I could have been an owner of the Golden State Warriors. My friend Tom Gores owns Detroit Pistons. I could be an owner tomorrow with the Pistons. He asked me to come be part-owner of the Detroit Pistons.

What I really would want to do is own the Lakers.

Magic Johnson actually previously owned a share of the Lakers, but he wanted a larger role with a team, so he sold it.

His hometown Pistons and the Warriors – co-owned by one of his partners with the Dodgers, Peter Guber – have stable ownership. Likely, both wanted Johnson to own a small piece of the team, similar to his set up with the Lakers. Johnson is a talented businessman, but in that role, his main value would have been as a team ambassador.

If Johnson wants more responsibility and accepts that the Buss Family won’t sell the Lakers anytime soon, he could try to buy the Clippers. Johnson reiterated to Cooper that he and his partners might have interest.

But Johnson – this is where his business sense comes in – knows the Clippers’ sale could be delayed by Sterling suing. That’s why he’s not tipping his hand too much.

He’s at least interested enough, though, that he’s not buying a share of the Pistons and taking himself out of the running.

Latest Posts
  1. Thunder’s Anthony Morrow to miss 4-6 weeks with knee sprain

    Oct 25, 2014, 12:01 AM EDT

    Grizzlies vs Thunder Grizzlies vs Thunder

    Thunder will be very short-handed the first month of the regular season.

  2. Player intentionally makes shot in own basket in attempt to force overtime

    Oct 24, 2014, 10:00 PM EDT

    And it was probably the smartest possible play

  3. 67RIEFNS: K.J. McDaniels testing the second-round system

    Oct 24, 2014, 9:00 PM EDT

    2014 NBA Rookie Photo Shoot Getty Images

    76ers forwent any guaranteed salary to hit free agency sooner

  4. Why I am going to miss Steve Nash

    Oct 24, 2014, 3:50 PM EDT

    steve-nash-getty Getty Images

    Nash was everything we want as a fan in an NBA player.

  5. 67RIEFNS No. 34: JaVale McGee doing JaVale McGee things

    Oct 24, 2014, 2:50 PM EDT

    Denver Nuggets Media Day Denver Nuggets Media Day

    The NBA is full of talent, personality and suspense. During the offseason, It’s easy to forget how wonderful the league can be. So, I’ve assembled 67 Reasons I’m Excited For Next Season (67RIEFNS). They’ll be presented in no particular order. JaVale McGee played just five games last year after injuring his leg. How did we…

  6. 67RIEFNS No. 33: Emotional swings of Roy Hibbert

    Oct 24, 2014, 1:07 PM EDT

    Indiana Pacers Media Day 2014 Indiana Pacers Media Day 2014

    Pacers center filling huge role after last season’s great start, big collapse

  7. Josh Childress delivers flying elbow to opponent’s face (video)

    Oct 24, 2014, 12:33 PM EDT

    NBL Rd 3 - Perth v Sydney Getty Images

    Childress, who played for Pelicans last season, now playing (dirty) in Australia

  8. 67RIEFNS No. 32: Dwyane Wade and Chris Bosh leading a team without LeBron

    Oct 24, 2014, 11:55 AM EDT

    2014 NBA Finals - Game Two Getty Images

    Are Heat stars too old to succeed without LeBron James?

  9. 67RIEFNS No. 31: Wizards’ small forwards

    Oct 24, 2014, 11:15 AM EDT

    Charlotte Hornets vs Washington Wizards Charlotte Hornets vs Washington Wizards

    Paul Pierce, Otto Porter or Martell Webster – all intriguing for different reasons – could become Washington’s starting small forward

Featured video

Heat can make playoffs without LeBron
Top 10 NBA Player Searches
  1. K. Bryant (4554)
  2. B. Lopez (4485)
  3. V. Oladipo (4381)
  4. N. Noel (4298)
  5. J. Lin (4212)