07-21-2022, 02:08 PM
Magic Johnson owned a share of the Lakers when he was still playing for them but I am pretty sure he bought the stock instead of getting it in payment. Magic was always interested in business. When he was hired as a spokesman for Pepsi he took an interest in a bottling facility as payment. But he messed up when he turned down $100K in Nike stock to sign with Converse. That was when he was a rookie and more interested in cash. That stock would be worth over $5 BILLION today.
