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.”

Mike D’Antoni on Chris Paul suspension: ‘What is he supposed to do?’ (VIDEO)

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The NBA suspended Houston Rockets point guard Chris Paul along with the Los Angeles Lakers’ Rajon Rondo and Brandon Ingram on Sunday.

It was the opinion of the league office that all three players should be suspended for their role in a fight that took place on Saturday night between the Rockets and the Lakers at Staples Center.

Rockets coach Mike D’Antoni took exception to Paul’s suspension, saying that he thought it was “not equitable” that Paul had to face suspension.

The NBA determined that Rondo indeed did spit in Paul’s face, or at least in the direction of him, directly preceding Paul’s eye poke on Rondo. That kicked things off into full force, and it devolved from there.

Via Twitter:

All the suspensions were fairly weak. Ingram got just four games for his initial instigation and giant, loping punch toward Paul. Rondo received three games for spitting on Paul and landing punches. Paul received two games for punching Rondo.

It’s unlikely that anybody was going to be happy with the result of the discipline just because of the bad blood involved. However, the league made comment about the suspension afterward, with the NBA’s Executive Vice President of Basketball Operations Kiki VanDeWeghe taking to television later on Sunday.

VanDeWeghe’s explanations don’t satisfy me, and they certainly wouldn’t if I were a Rockets fan. Guys going chest-to-chest and having tensions rise as one thing. Spitting at somebody is another. It’s a level of actionable disrespect that directly influenced and raised tensions during the incident.

Ingram looked childish for shoving James Harden, but his punch came after Rondo got Paul wound up by spitting on him. It’s hard for me to understand how Rondo didn’t get a matching sentence with Ingram at the very least.

For reference, Carmelo Anthony was suspended for 15 games in 2006 after he clocked a player on the New York Knicks during a fight as a member of the Denver Nuggets. Given that precedence, something approaching double digits for both Ingram and Rondo seems like it would have been more appropriate.

Juancho Hernangómez bats game-clinching block to beat Warriors (VIDEO)

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We all knew the Denver Nuggets were going to be exciting this season, but nobody expected them to come through with this kind of statement result this early.

On Sunday as the Nuggets took on the Golden State Warriors, a tight game in Colorado lead to a drive by Stephen Curry in the closing seconds that could have won the defending champions the game.

Instead, Juancho Hernangómez became a Denver legend.

Via Twitter:

It was a serious block by Hernangómez on Damian Jones.

Denver beat the Warriors, 100-98, moving the Nuggets to 3-0 on the year and giving Golden State its first loss of the season.

Kyle Lowry on DeMar DeRozan handshake routine: ‘He’s my best friend’ (VIDEO)

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Kyle Lowry was not happy with the Toronto Raptors when the team traded DeMar DeRozan to the San Antonio Spurs this offseason for Kawhi Leonard.

Lowry and DeRozan are best friends, and their budding romance has been a sentimental point for fans in Toronto and abroad.

But life goes on, and the Raptors again are one of the teams expected to challenge for an Eastern Conference Finals appearance. That hasn’t kept Lowry from doing the same handshake routine he used to do with DeRozan before games this season.

The only difference? DeRozan isn’t there to help dap up Lowry.

Via Twitter:

For his part, Lowry told NBA TV after Toronto’s game on Saturday that he will continue to do the handshake routine because the DeRozan will always be his best friend.

Even thousands of miles apart you can’t keep these guys from showing love for each other.

NBA confirms Rajon Rondo spit at Chris Paul, hands out suspensions after fight

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With the NBA dissecting video from Saturday night’s game between the Houston Rockets and Los Angeles Lakers like the Zapruder film, it was only a matter of time before we saw suspensions handed down for Chris Paul, Brandon Ingram, and Rajon Rondo.

On Sunday, the league announced its decision.

After reviewing tape, the NBA determined that Rondo did indeed spit on Paul. Ingram was seen as the initial instigator, and thus was served with a heavier sentence.

The finally tally was:

  • Four games for Ingram
  • Three games for Rondo
  • Two games for Paul

Here’s the relevant details per the NBA’s release.

Via NBA:

Ingram has been suspended for aggressively returning to and escalating the altercation and throwing a punch in the direction of Paul, confronting a game official in a hostile manner, and instigating the overall incident by shoving Rockets guard James Harden. Rondo has been suspended for instigating a physical altercation with, and spitting and throwing multiple punches at, Paul. Paul has been suspended for poking at and making contact with the face of Rondo, and throwing multiple punches at him.

We have been waiting on these suspensions largely to see how the NBA would discipline one of the first actual fights in some time. A maximum of four games seems a little light to me. Carmelo Anthony was suspended for 15 games in 2006 when he clocked Mardy Collins during a fight between the New York Knicks and Denver Nuggets.

Rondo only getting three games despite having spit on an opponent is also pretty wild. That’s crazy disrespectful and I would not believe you if you tried to tell me that this bad blood will end here.

Both the Lakers and Rockets will miss some of their most important players as they start duking it out in the tough Western Conference.