HoopsHype Magic Johnson rumors

May 1, 2014 Updates

The Donald Sterling saga could be coming full circle: What began as the owner’s racist rant about not wanting Earvin (Magic) Johnson attending Clippers games could end with Johnson owning part of the team. “I will be owning an NBA team sometime," Johnson told a gathering of business leaders Wednesday at the Milken Global Conference in Beverly Hills. "Is the Clippers the right situation? Of course. It's one of the premiere franchises." SCPR

Johnson said that — whatever you may think of Sterling — he ran a good business, one Johnson and his partners at the Guggenheim Investment Group would like to buy if the price is right. “I think the fans have already spoken," Johnson said. "They would like us to own the team. But we have to wait and see.” SCPR

Charles Barkley didn’t like what his fellow Basketball Hall of Famer and NBA analyst had to say. It wasn’t anger as much as disappointment, like when your parents catch you trying to sneak downstairs to eat all the cookies and play video games. Here’s what the TNT analyst said on Inside the NBA on Wednesday night, after the tweet was read: “Magic Johnson’s bigger than that. Magic Johnson’s bigger than that. Listen, Mike D’Antoni is a good coach. They didn’t give him a lot to work with. But Magic Johnson, he’s bigger than that.” For The Win

April 30, 2014 Updates

V. Stiviano, the woman at the center of the Donald Sterling scandal, said she was “very saddened” by the NBA’s decision to ban him from the sport for life, her attorney said Tuesday. V. Stiviano “never wanted any harm to Donald,” Calabasas lawyer Mac Nehoray of Calabasas told The Times. He said the 31-year-old is still reeling from the release of the recordings in which Sterling chastises her for associating with African Americans, including Magic Johnson. He said that “someone released it for money” but it wasn’t Stiviano. “My client is devastated that this got out,” he said. Los Angeles Times

April 29, 2014 Updates

Magic Johnson: I wish I was in LA, I would be at the Clipper game tonight! I am urging all the Clippers' fans to go out and support the team tonight against the Warriors! Twitter @MagicJohnson

Despite his denial of ownership interest in the Clippers, Magic Johnson and potential investors spent part of Monday working to understand the avenues to which they could eventually make a deal to become Clippers owners, sources told Yahoo Sports. If the franchise becomes available, Johnson wants to be positioned to make a deal. Yahoo! Sports

Kareem Abdul-Jabbar: What bothers me about this whole Donald Sterling affair isn’t just his racism. I’m bothered that everyone acts as if it’s a huge surprise. Now there’s all this dramatic and very public rending of clothing about whether they should keep their expensive Clippers season tickets. Really? All this other stuff I listed above has been going on for years and this ridiculous conversation with his girlfriend is what puts you over the edge? That’s the smoking gun? He was discriminating against black and Hispanic families for years, preventing them from getting housing. It was public record. We did nothing. Suddenly he says he doesn’t want his girlfriend posing with Magic Johnson on Instagram and we bring out the torches and rope. Shouldn’t we have all called for his resignation back then? TIME

April 28, 2014 Updates

Ramona Shelburne: Sorry to ruin a beautiful idea, but source close to Magic says "zero, zero, zero conversations" about buying the Clips. Magic has said publicly he'd want to buy an NBA or NFL team, but Clippers aren't for sale and it's very hard for NBA to force a sale. Twitter @ramonashelburne

Magic Johnson and his billionaire backers, the Guggenheim Partners, want a chance to purchase the Los Angeles Clippers, league sources told Yahoo Sports. "Magic's absolutely interested," one source closely connected to Johnson's business interests told Yahoo Sports on Sunday night. Yahoo! Sports

Make no mistake: Magic's Dodgers group is angling for a Southern California sports empire. Magic Johnson and Guggenheim had been aggressive in pursuing a purchase of the Los Angeles Lakers – only to have the Buss family make clear to them the franchise isn't for sale, sources told Yahoo Sports. Yahoo! Sports

April 26, 2014 Updates

Magic Johnson: TMZ reported this morning that Clippers owner Donald Sterling doesn't want me or other African-Americans to come to Clippers games. @cjbycookie and I will never go to a Clippers game again as long as Donald Sterling is the owner. I feel sorry for my friends Coach Doc Rivers and Chris Paul that they have to work for a man that feels that way about African Americans. LA Clippers owner Donald Sterling's comments about African Americans are a black eye for the NBA. Twitter @MagicJohnson

April 20, 2014 Updates

Although Jim and Jeanie Buss say the family is committed to keeping the team, it only requires a "yes" vote by four Buss siblings to force the sale of the Lakers. Philip Anschutz, whose company owns Staples Center and the NHL Kings, and who personally owns 27% of the Lakers, holds the "first look" if the Buss family decides to sell its two-thirds ownership stake. It's not as strong as a right of first refusal, but it allows Anschutz a chance to buy the team. But if Anschutz passed because the Busses asked for too much, the Chicago investment group Guggenheim Partners, owner of the Dodgers, would eagerly jump into the bidding. The Guggenheim group envisions employing former Lakers star Magic Johnson as the ceremonial face of the franchise, a role he currently holds with the Dodgers. Los Angeles Times

March 27, 2014 Updates

Joakim Noah’s ‘Dream Team’ starting 5: Center: Kareem Abdul-Jabbar; Power Forward: Dirk Nowitzki; Small Forward: Corey Brewer; Shooting Guard: Michael Jordan; Point Guard: Magic Johnson. beyondthebuzzer.com

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