Magic Johnson sells his shares of the Lakers, looks to purchase another team

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Magic Johnson has nothing to do with the Lakers.

Well, not exactly, he will forever be a Laker in everyone’s minds, forever wearing the “Forum blue and gold” in the hearts of Lakers fans. But now he has no actual ties to the team

Magic Johnson is selling his shares of the Lakers.

“After heavy deliberation and a weighing heart, I have decided to sell my share of the Lakers to Dr. Patrick Soon-Shiong…” Johnson said in a press release on the Lakers Web site. “I am truly humbled to have been a Lakers player for 13 years and an owner for over 10 years. I thank Dr. Buss from the deepest part of my heart and soul for allowing me such an incredible opportunity. I will continue to work alongside Dr. Buss, Jeanie Buss and Mitch Kupchak in their efforts to continually build and maintain the best NBA franchise in the league. This was a bittersweet business decision made on behalf of my family and myself, and I want to assure all the wonderful and loyal Lakers fans that my decision will in no way affect my dedication and support for the Los Angeles Lakers. I am and will always be a Laker for life.”

“The sale of Earvin’s share of the team is a business decision which will not change our relationship,” Lakers owner Jerry Buss said in the same release. “Our friendship goes well beyond business. Patrick is a long-time and passionate Lakers fan and we are delighted to have him as a partner.”

Magic Johnson wants a larger role in team ownership and talked about that back in August. He wants more of a Michael Jordan role in Charlotte, as one of or the main face of franchise ownership. That was never going to happen with the Lakers, where the Buss family has no plans to sell. Magic’s name came up on the periphery of the sales of the Golden State Warriors and Detroit Pistons (and that Pistons sale has yet to go through and Magic is from Michigan and… we’re just speculating here).

But you cannot own parts of two NBA franchises, so Magic had to get out of the Lakers before he could be serious elsewhere.

It makes sense why he did it, but still it feels unsettling and wrong. Magic Johnson is as much a Laker as anyone, and if you doubt that watch one night here in Los Angeles at how many people get their picture taken with his statue out in front of Staples Center. He is a Laker icon. A Los Angeles icon for his work with HIV/AIDS and off the field bringing business to the inner-city.

This has happened other places — Larry Bird may run the Pacers but he is forever a Celtic. The same is true here. Still feels odd.

As for the new Lakers owner, Dr. Soon-Shiong, we don’t know much — except that he is the richest man in Los Angeles, worth an estimated $7.1 billion. How did he get so rich? The official release from the Lakers has some of the details, but suffice to say he is just smarter than you and me.

Dr. Soon-Shiong, a Lakers season seat holder for more than 25 years, is Chairman of the Chan Soon-Shiong Family Foundation, Chairman and CEO of All About Advanced Health and founder of the National Coalition for Health Integration. He is the Executive Director of the UCLA Wireless Health Institute and Professor of Microbiology, Immunology, Molecular Genetics and Bioengineering at UCLA. Dr. Soon-Shiong is a fellow of the American College of Surgeons and the Royal College of Physicians and Surgeons of Canada. In 1993, he performed the world’s first encapsulated human islet transplant and the first pig to man islet cell transplant in diabetic patients.

“It is an honor for me to be part of the Lakers family and the nation’s foremost basketball franchise,” said Soon-Shiong. “The Lakers’ leadership and spirit of community engendered by Dr. Jerry Buss and his family is an inspiration to us all. Our family looks forward to a future filled with the excitement this team brings to the city and the nation. Earvin Johnson is a shining example of excellence on and off the court, and it is a privilege to have acquired his ownership position.”

Thunder pick up Paul George in his return to Indiana

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INDIANAPOLIS (AP) — Paul George made a winning return to Indiana, hitting the clinching free throws with 10.7 seconds left in the Oklahoma City Thunder’s 100-95 victory over the Pacers on Wednesday night.

Steven Adams had 23 points and 13 rebounds and Russell Westbrook finished with 10 points, 17 rebounds and 12 assists in his ninth triple-double this season. The Thunder have won two straight on the road.

Victor Oladipo led the Pacers with 19 points and Bojan Bogdanovic scored 15. Indiana had a chance to tie the score after getting the ball back with 15.2 seconds left, but George got a steal then hit a couple free throws.

The Pacers’ winning streak ended at four.

But the highly anticipated matchup between George and Oladipo, the key components in last summer’s blockbuster trade, didn’t go as expected.

George was booed loudly during introductions and every time he touched the ball. Fans only cheered for George when he was called for a foul or made a mistake and it seemed to take a toll on the four-time All-Star. He finished 12 points on 3-of-14 shooting, had two rebounds and four turnovers.

Oladipo, the reigning Eastern Conference player of the week, didn’t have a typical night either. He was 9 of 26 with five rebounds and six assists.

The result: Both teams struggled.

Indiana led 27-22 after one but gave the lead right back by allowing Oklahoma City to start the second quarter on a 9-0 spurt.

After the Pacers answered with a 9-0 run, the Thunder closed the half on a 9-3 spurt to make it 51-46.

The trend continued in the second half.

Indiana charged back to take a 63-59 lead before the Thunder used an 11-2 run to pull out to a 73-69 lead going into the fourth.

Oklahoma City extended the lead to 92-81 with 5:16 to go but only scored six points the rest of the way. That was just enough to hold on.

TIP-INS

Thunder: Oklahoma City is 4-10 on the road. … Oklahoma City got its first series split with the Pacers since 2012-13. … Oklahoma City had 17 offensive rebounds and was 13 of 29 on 3-pointers.

Pacers: Thaddeus Young had 11 points, 10 rebounds and seven steals. … Made 11 3s but fell to 14-3 when making 10 or more 3-pointers in a game this season. … Center Myles Turner had three blocks, his 12th game this season with three or more. … Former Colts coach Tony Dungy attended the game. He’s in town for Thursday night’s NFL game between the Colts and Broncos.

ALL-STAR DAY

The Pacers got a win before they even took the floor.

A little less than three hours before tip, NBA Commissioner Adam Silver announced Indiana would host the 2021 All-Star Game. It will be the first time the Pacers have hosted the marquee event since 1985.

The move comes seven months after Larry Bird hand-delivered the formal proposal at the league’s New York headquarters in an IndyCar.

UP NEXT

Thunder: Faces Philadelphia on Friday, trying to improve to 17-1 in the series since moving to Oklahoma City.

Pacers: Host Detroit on Friday, seeking a seventh straight home win in the series.

 

Rockets’ Clint Capela on Warriors: ‘I expect to beat them’

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During the 2014-15 season, Rockets star James Harden said the Warriors “ain’t even that good.”

Golden State went on to reach the last three NBA Finals, twice beating Houston in the playoffs, and win two championships.

The Rockets have since re-tooled around Harden, Chris Paul and several quality role players and are in first place. Houston looks like the biggest threat to the Warriors in the Western Conference.

Rockets center Clint Capela on the Warriors, via Dave Schilling of Bleacher Report:

“I expect to beat them,” Capela says.

That’s a fine sentiment. Saying it publicly is another matter. Not even Harden did that a couple years ago. He was recorded during a pregame team huddle.

There’s a fine line between self-fulfilling confidence and providing bulletin-board material to the opponent. There’s already some animosity between the teams stemming from the Stephen Curry-Harden MVP race in 2015, and it has bubbled since. No matter how harmless Capela’s remark might have been intended to be, it’ll be met contentiously in the Bay Area.

PBT Extra Player of the Week: Victor Oladipo

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Oklahoma City traded for Victor Oladipo out of Orlando to be their third scorer, behind Kevin Durant and Russell Westbrook. It didn’t exactly work out that way, Durant bolted town and when Westbrook went off Oladipo was looking for a place to fit in.

That place turned out to be the Pacers.

Oladipo has been playing like an All-Star this season with Indiana, and last week he was key in snapping Cleveland’s 13 game win streak, then turned around and dropped 47 points on Denver. For the week he averaged 35.7 points a game, shot 45.7 percent from three, plus grabbed 7.7 rebounds per game.

That will get you named the PBT Extra Player of the Week.

Watch Pacers fan boo Paul George during introductions (video)

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Paul George – who told the Pacers he’d leave in free agency, prompting them to trade him to the Thunder – expected boos in his return to Indiana.

Pacers fans delivered.

They’ve also booed him every time he has touched the ball, which will certainly persist.