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.”

Magic Johnson shrugs off concern about Lonzo Ball realty series

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Lonzo Ball has yet to play in one NBA game, yet he has his own signature shoe line, and he — along with his father LaVar Ball and the rest of his family — have their own reality show on FaceBook. Lonzo told me he doesn’t foresee this show, nor his bombastic father, being a problem with his teammates or on the court.

Magic Johnson agrees with that. At least for now.

The head of Lakers’ basketball operations said as training camp opened that he’s not worried about the show Ball in the Family being a distraction. If it is, he’ll step in, he told Ohm Youngmisuk of ESPN.

“Only time I am going to concern myself with what [Lonzo] does off the court is if it is affecting his play on the court,” Johnson said at the Lakers’ media day when asked about Ball’s reality Facebook series, “Ball in the Family.”

“Right now, I think it is awesome,” Johnson said. “His family is great. They came out Saturday, we had a big Laker picnic. … His dad is wonderful with me, and I am cool with him. … I think [Lonzo] is tired of all this [hype]. He is just like me; I just want to play and I think he wants to play, and then Saturday night [for the Lakers’ preseason opener], sold out, in Anaheim, wow!”

It’s Magic’s job to put a positive spin on things.

That said, he’s right. The Lakers (and every NBA team) have dealt with overinvolved parents before and know how to create some space for the player to focus on the game. Locker rooms have a way of sorting themselves out in these kinds of situations. Plus, the Lakers have been down the reality show road before (when Lamar Odom married Khloe Kardashian), and while that had an ugly ending, it wasn’t for lack of Lakers’ players and others in the organization trying to step in and help. (Odom just wasn’t yet in a place to accept help.)

Soon LaVar will be focused on his other sons and Lonzo, who appears practiced at tuning his father out and focusing on what is in front of him, will have the grind of the NBA schedule to worry about.

Former NBA player Chuck Person named in college basketball bribery scandal

Associated Press
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The recruitment of major college athletes — and then the steering of the handful that get to go pro to shoe companies and agents — is a sleazy business. It makes HBO’s “The Duece” look like Disneyland. It’s something sports fans know but largely turn a blind eye to until it forces its way into the headlines.

It turned up in the headlines Tuesday when four college assistant coaches from major universities were charged by federal prosecutors in a bribery scandal along with a representative of Adidas and others to steer players to specific agents or a financial handler.

Former NBA Rookie of the Year Chuck Person, now an assistant coach at Auburn, was among those named in the scandal.

Person is making headlines because he’s the biggest name in the scandal. He is charged with accepting approximately $91,500 from a business manager, who has flipped and is working with prosecutors. This “business manager, offered bribes to Person to steer players toward his services, as well as another person charged in the scandal.

Person told prosecutors he gave $18,500 of the money he took to two players’ families, according to the filings.

Person was the No. 4 pick in the 1986 NBA draft and went on to win Rookie of the Year, followed by a 13-year NBA career. He made $22.9 million over the course of his career.

PBT Podcast: Cavaliers, Bucks, Central Division Preview with Dan Feldman

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LeBron James and the Cleveland Cavaliers remain the team to beat in the East — I’m not picking against his team to win the Eastern Conference until someone beats them. This year’s Cavaliers may be deeper than previous years.

However, much of the Central Division is intriguing this season. Milwaukee is a team that, on paper, should take a step forward, but never seem to do that two years in a row. Still, they have Giannis Antetokounmpo and that makes them must watch. Detroit has one of the best centers in the game in Andre Drummond, and they have Marcus Smart on the roster now, but can Reggie Jackson bounce back? Then there are the Bulls and Pacers, both of whom are rebuilding.

Kurt Helin and Detroit-based Dan Feldman of NBC Sports break down the Central Division in this latest PBT Podcast.

As always, you can check out the podcast below, or listen and subscribe via iTunes (just click the button under the podcast), subscribe via the fantastic Stitcher app, check us out on Google play, or check out our new PBT podcast homepage and archive at Audioboom.com.

Reports: Dwyane Wade “leaning heavily” toward joining Cavaliers

Associated Press
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This race may have been decided before it ever started.

While Miami has the draw of home, and Paul George and Russell Westbrook have come hard at him, it seems Dwyane Wade always knew where he wanted to be after Chicago — reunited with LeBron James. Just now in Cleveland. From Joe Vardon of the Cleveland Plain Dealer.

Dwyane Wade is leaning heavily toward the Cavaliers as his new team once he clears waivers and may have already decided on a reunion with LeBron James, league sources with knowledge of Wade’s thinking told cleveland.com…

Wade has given no indication publicly what he will do, and at least three teams — the Oklahoma City Thunder, San Antonio Spurs, and his old team the Miami Heat — are interested in him. His agent is taking calls from those teams and others, and Wade told the Associated Press he would do his due diligence as well.

Adrian Wojnarowski of ESPN confirmed this.

This is not a shock.

What does Wade want in a destination? A chance to make another run at a ring, minutes, and a comfort level with the organization. Cleveland provides all of those, plus easy access to the Gravy Fries at Greenhouse Tavern (which may not be on Wade’s in-season approved list by his nutritionist).

Even without Kyrie Irving, the Cavaliers are and should be the favorite to come out of the East, then take their swings at the Warriors (or whoever comes out of the West, I feel obligated to write just to be nice to the folks in Houston and Oklahoma City). The Cavaliers are smack in the middle of the NBA’s second tier. Wade averaged an efficient 18.3 points per game for the Bulls last season, and he can for stretches still dial-up his vintage self and dominate games.

Wade would probably start at the two over J.R. Smith, and even if he came off the bench he could get just about all the minutes his aging knees will handle. That said, I’m not sure the Cavs can play Wade and Derrick Rose together, particularly during the playoffs, due to spacing and defensive issues. And obviously, with his good friend LeBron there, Wade has comfort with the organization (just don’t expect him to sign more than a one-year deal).

This was always the most likely outcome, Wade and LeBron together again for one more run.