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.”

LaVar Ball confronts wrestler at WWE event (video)

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LOS ANGELES (AP) — LaVar Ball has brought his Big Baller Brand from the basketball court to the wrestling ring.

The outspoken father of NBA draft No. 2 pick Lonzo Ball showed up with the newly minted Los Angeles Laker and another son, 15-year-old LaMelo, for a live segment on Monday’s “WWE Raw” at the Staples Center in Los Angeles.

During the segment, LaMelo Ball twice used the n-word, which was broadcast over the air. WWE says in a statement to the Los Angeles Times that the language “was not scripted nor reflects WWE’s values.”

For LaVar Ball’s appearance, the ring was decorated with mannequins displaying his Big Baller Brand clothing line. He got in a heated confrontation with WWE wrestler The Miz, and took his shirt off to cheers from the crowd.

Bulls, with Michael Carter-Williams, first team to decline extending qualifying offer to Rookie of the Year

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Just four years ago, Michael Carter-Williams won Rookie of the Year.

Now, the Bulls don’t even see a $4,187,599 qualifying offer as worth extending.

David Kaplan of CSN Chicago:

Credit Sam Hinkie for trading Carter-Williams (to the Bucks) at just the right moment, netting the 76ers a valuable Lakers first-round pick that Philadelphia used to trade up for Markelle Fultz. Carter-Williams hasn’t nearly lived up to the typical production of a former Rookie of the Year.

The Bulls got Carter-Williams far cheaper from Milwaukee, for Tony Snell (who had a breakout year with the Bucks). But Carter-Williams continued to regress in Chicago. It’s just hard for a point guard with such a shaky outside shot, and Carter-Williams’ injuries haven’t helped.

With a smorgasbord of point guards that now includes Kris Dunn and Cameron Payne, the Bulls can move on.

Carter-Williams can probably latch on as a backup point guard somewhere. As an unrestricted free agent, teams will have greater comfort pursuing him. But this is a blow for someone with such a big accolade on his résumé.

Celtics’ reported plan: Sign Gordon Hayward, trade for Paul George

AP Photo/George Frey
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The Celtics are trying to sign Gordon Hayward.

They want to trade for Paul George.

It seems those goals are not mutually exclusive.

Adrian Wojnarowski of Yahoo Sports:

The Boston Celtics are pursuing an aggressive summer plan of sequencing the signing of free agent Gordon Hayward and relinquishing the assets needed to complete a trade for Paul George, league sources told The Vertical.

For salary-cap purposes, Boston wants a Hayward commitment before it can finalize a trade for George and secure the most dynamic free-agent coup in franchise history, league sources said.

For Boston, here’s the hitch: While Indiana believes Boston can offer the best possible package, the Pacers may be unwilling to wait until the start of July free agency on Boston’s timetable and could turn toward making a deal elsewhere for George, league sources told The Vertical.

The Celtics can clear cap space to sign Hayward. They have the ammo to trade for George. They could do both.

But, as covered before, there’s probably not a path to signing Hayward and extending George’s contract.

So, how much would Boston surrender for George on an expiring contract? The risk he walks in a year, particularly for the Lakers, should lower the Celtics’ offer.

Still, Boston could trade for the Pacers star and roll the dice on re-signing him. Playing with Hayward – and Isaiah Thomas and whichever other players the Celtics keep in this arrangement – would be pretty appealing.

Rumor: LeBron James would ‘never’ join Clippers

AP Photo/Tony Dejak
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The Clippers hired Jerry West, in part, to help lure LeBron James.

But even with LeBron-to-Los Angeles (Clippers or Lakers) rumors swirling, that plan might not even get off the ground.

Mike Wise of The Undefeated on Freddie and Fritz:

I’m going to give you something on this show, and this is breaking news. Nobody else is going to have it.

I got from a very good authority – a very good authority – that LeBron James will never be a Clipper. I can’t tell you who, but I’m going to tell you it’s somebody that knows, and LeBron James will never be a Clipper. I don’t know if that’s because he remembers what the Clippers used to be, or he just doesn’t want to put his lot in there, or he thinks Steve Ballmer is just too animated on the sideline.

He’s never going to be a Clipper. I’m just telling people right now, for your edification. I’m breaking this on the Freddie Coleman and Fitz show.

I don’t believe in “never” in situations like this. As Jerry Seinfeld would say, teams are just laundry. The Clippers can change owners, general managers, coaches, players. LeBron would remain absolutely opposed to joining?

Maybe, but I won’t go that far without knowing his reason for resisting the Clippers. A lot can change between now and 2018, when LeBron can opt out.

One of the Clippers’ biggest selling points was always going to be Chris Paul, LeBron’s close friend. Reading the tea leaves, maybe this is a sign Paul will leave this summer – for the Spurs, Rockets or somewhere else.