Magic Johnson looking to buy the Clippers

[Bobcats2013]

Adrian Wojnarowski ✔ @WojYahooNBA
Magic Johnson and his partners want to buy Clippers, sources tell Yahoo. NBA, Sterling has its exit strategy. Column: http://yhoo.it/1mQJNuf

:oldlol: :oldlol:

[Cocaine80s]

shit just got real

[KyleKong]

:lebronamazed:

[Ball So Harden]

:oldlol: Perfect

[Ball So Harden]

Wouldn't this be a conflict of interest though? Magic would have to cut all ties to the Lakers, and even then I don't trust it.

[LoneyROY7]

NOW THAT'S WHAT I'M ****ING TALKING ABOUT!!!!!!!!

Magic, save the Clippers just like you saved my Dodgers. :bowdown:

Sorry Laker fans, Magic is about to become the new face of the Clippers. :rockon:

[SwishSquared]

:lebronamazed:
Would seriously salvage the entire situation. Maybe Simmons knew something when he mentioned that on the air today. I thought Sterling would get ~$700M for Clips but if he gets closer to $1B he is def taking that $$$. I'm pretty sure Silver can suspend him for multiple years. Dude's 80 and if he can't show up at games, practices, etc., there's no point in owning the team

EDIT: If Buss family won't sell any shares to him, he'd def buy Clippers imo. He said he wants an NFL team also. Like Jalen Rose says, "Hall of Fame mogul." Article makes it seem that he really does want to buy up SoCal sports teams and form an empire. More power to him- nobody could be a better face of the franchise than Mr. LA himself. Maybe removing Sterling stink and applying Magic's touch could rid this team of bad energy. Cutting ties LAL would be tough, but he did sell his stake years ago and has publicly criticized management for a couple seasons. He even anointed Clips the new "Showtime."

[Im Still Ballin]

say whhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhat

[LoneyROY7]

Gonna be GREAT tomorrow morning when this sh*t blows up. :lol

Pepper your angus, ISH.

[BlazerRed]

:roll: :roll: :roll: :roll: :roll: :roll: :roll: :roll:

[Smook A.]

Its gettin too real

[LoneyROY7]

I'm f*cking PUUUMMMMMMMPPPPPEEEEEEEEDDDDDDDDDDDD.

[Im Still Ballin]

This was obiously a ploy devised by Magic to buy the Clippers. Frame Donald and get the league's/publics support. its a game of thrones people and King Donald has been exiled

[LoneyROY7]

This was obiously a ploy devised by Magic to buy the Clippers. Frame Donald and get the league's/publics support. its a game of thrones people and King Donald has been exiled

If so...YOU'RE THE MAN, MAGIC!

[ukballer]

http://i.imgur.com/ygZSd.gif

:banana:

[uber]

This was obiously a ploy devised by Magic to buy the Clippers. Frame Donald and get the league's/publics support. its a game of thrones people and King Donald has been exiled

this.

[buddha]

This was obiously a ploy devised by Magic to buy the Clippers. Frame Donald and get the league's/publics support. its a game of thrones people and King Donald has been exiled

No way Donald sells it to a negro.

[KingBeasley08]

wow :roll: :roll: :roll:

[Doranku]

Looks like Sterling is the one who's getting f*cked by Magic, not his girlfriend.

[LoneyROY7]

http://i.imgur.com/eSX5q.gif

[VengefulAngel]

Looks like Sterling is the one who's getting f*cked by Magic, not his girlfriend.
:roll: :roll: :applause: :applause:

[sbw19]

needs a Magic deal with it gif

[Im Still Ballin]

if this is confirmed in the next week or so (doubt it) i bet the clippers will go on a magical run to the finals and espn will be mentioning Magic every 5 minutes.

[Cocaine80s]

someone shop Sterlings head into this

http://i.imgur.com/o9Ba9.gif

[RoundMoundOfReb]

:applause:

[All Net]

Can nba push this though?

[LoneyROY7]

if this is confirmed in the next week or so (doubt it) i bet the clippers will go on a magical run to the finals and espn will be mentioning Magic every 5 minutes.


I guess the NBA really is the WWE...which means the Clippers gon' win the title! :bowdown: :bowdown: :bowdown:

[Ball So Harden]

http://www.nbaarena.com/img/haberler/magic-johnson-statue-clippers-baloon.jpg

[KyleKong]

Game of Thrones: NBA addition. :oldlol: :oldlol: :oldlol:

[iBandwagon]

http://www.nbaarena.com/img/haberler/magic-johnson-statue-clippers-baloon.jpg

Perfect. Would rep if I could.

[Im Still Ballin]

Wonder what franchises Kobe and Lebron will own in the future? These all time greats could all be goin at it til they die with their own kingdoms.

[Bobcats2013]

This was obiously a ploy devised by Magic to buy the Clippers. Frame Donald and get the league's/publics support. its a game of thrones people and King Donald has been exiled

and if he doesn't sell I can already see Magic's goons executing him Joe Pesci style. Donald dies of heart attack in less than a month, bank on it.

[russwest0]

Donald Sterling right now:

http://static.fjcdn.com/gifs/They_5c50a8_2698652.gif

[fiddy]

Wonder what franchises Kobe and Lebron will own in the future? These all time greats could all be goin at it til they die with their own kingdoms.
NONE. Magic wont buy the Clippers, the investors behind will.

[Ball So Harden]

this.

Nice Avy. Did you draw that yourself?

[SwishSquared]

http://www.nbaarena.com/img/haberler/magic-johnson-statue-clippers-baloon.jpg
Was this whole thing actually arranged by Magic's people to drop a hint at what was coming lol?

[BrainDead]

No way Donald sells it to a negro.
Exactly

[ThePhantomCreep]

Exactly

Sterling will be forced out--the NBA is already catching tons of heat for allowing the miserly racist codger to go unpunished for years.

Magic as a Clipper doe :(

[LoneyROY7]

http://1.bp.blogspot.com/-vpE6uMJ37dk/UOScrne47aI/AAAAAAAAEL4/Ki-4IWO-SoY/s1600/ron-paul.gif

[Ball So Harden]

Was this whole thing actually arranged by Magic's people to drop a hint at what was coming lol?

It was Magic's plan all along.

Step 1: Picture with Sterling's girlfriend
Step 2: Expose Sterling as racist
Step 3. Buy Clippers from Sterling forced to sell
Step 4: ??????
Step 5: Profit

[Random_Guy]

Damn if this is true...wow. Off topic but damn magic is a heinous businessman in sports.

[LoneyROY7]

It was Magic's plan all along.

Step 1: Picture with Sterling's girlfriend
Step 2: Expose Sterling as racist
Step 3. Buy Clippers from Sterling forced to sell
Step 4: ??????
Step 5: Profit

Boss dudes make boss moves.

http://37.media.tumblr.com/3b72a900011492f57e75ddfbcb98530e/tumblr_n2qnb4Hu6e1r55kjto3_r1_250.gif

[BlackVVaves]

I'm sure he's interested. Doesn't mean it's going to happen; there are likely a multitude of billionaires interested in buying the Clippers amidst this controversy.

I'll overreact with the wows and that's crazys if he actually purchases the team :confusedshrug:

[Ball So Harden]

Boss dudes make boss moves.

http://37.media.tumblr.com/3b72a900011492f57e75ddfbcb98530e/tumblr_n2qnb4Hu6e1r55kjto3_r1_250.gif

I agree, but wtf with that gif?

[eliteballer]

someone shop Sterlings head into this

http://i.imgur.com/o9Ba9.gif

:oldlol: :oldlol: :oldlol:

[Dresta]

Espn going nuts over this lol. Just saw their website video on Sterling, and the guy was like Sterling is a bigot, and that is 'certainly one of the worst things you can say about a human being.'

Really? Really? Espn have to make everything into some dramatic bs narrative smh :facepalm

[dunksby]

Was this whole thing actually arranged by Magic's people to drop a hint at what was coming lol?
Yea because a minimum amount of balloon clusters were raised to promote the Clips in their home arena? :oldlol:

[KDthunderup]

Seriously is Magic even remotely rich enough to do this?

[Real14]

Wonder what franchises Kobe and Lebron will own in the future? These all time greats could all be goin at it til they die with their own kingdoms.
Wateva franchise lebronna would own will automatically choke and flop:lol watch!:applause: :cheers:

[fiddy]

Seriously is Magic even remotely rich enough to do this?
No. There are investors behind him.

[Kakapopo]

nd how long have you been a clippers fan?

Save the clippers lol. CLippers will always be sh*t you think Magic Johnson will change anything? We all saw how sh*t he was as a coach the Clippers will always be LA's #2 team :lol

[SwishSquared]

Yea because a minimum amount of balloon clusters were raised to promote the Clips in their home arena? :oldlol:
Sarcasm, my friend
:rolleyes:

[sportjames23]

Gonna be GREAT tomorrow morning when this sh*t blows up. :lol

Pepper your angus, ISH.


http://i2.cdn.turner.com/si/dam/assets/130429024012-jason-collins-profile-single-image-cut.jpg

[JUDGE WITNESS]

Seriously is Magic even remotely rich enough to do this?
remotely? yes

[Verticality]

http://i2.cdn.turner.com/si/dam/assets/130429024012-jason-collins-profile-single-image-cut.jpg

Collins likes steak?

[Foster5k]

http://i.imgur.com/eSX5q.gif
Love this gif.

[JohnFreeman]

This was obiously a ploy devised by Magic to buy the Clippers. Frame Donald and get the league's/publics support. its a game of thrones people and King Donald has been exiled
:biggums: hmm

[Big#50]

That HIV meds money goes a long way.

[Real Men Wear Green]

If Magic is as mad at Sterling as he claims to be I don't see how they make a deal. If Sterling sells he's going to get somewhere between a half-billion and a billion. How do you sit down with and make a deal to hand someone you hate a half billion?

[fiddy]

If Magic is as mad at Sterling as he claims to be I don't see how they make a deal. If Sterling sells he's going to get somewhere between a half-billion and a billion. How do you sit down with and make a deal to hand someone you hate a half billion?
Anything below 750m is a rip off IMO.

[SwishSquared]

http://sports.yahoo.com/news/exit-strategy-for-nba--donald-sterling--sell-clippers-to-magic-johnson-073015142.html
Woj reporting perhaps over $1B, which is crazy to think considering where the Clips were just 5 years ago. Magic's ready to move. Up to DTS to make the deal happen

[Draz]

How rich is Magic Johnson?

[Derka]

This is the cleanest, easiest out the NBA could ask for and because of that, Sterling is never going to go along with it unless there's something in the bylaws that gives the League powers to force it.

[fiddy]

How rich is Magic Johnson?
According to several websites about half a billion. But its not just his capital. I highly doubt he is investing his personal money or if he does anything close to all of them.

[SwishSquared]

How rich is Magic Johnson?
He's got major financial backing from Guggenheim Partners. The article said that group has $22B under management, so pockets are deep.

NBA looking into potentially changing bylaws to expedite the whole "sale process" aka pressure Sterling to sell. Magic's group is absolutely perfect for this situation and would really save the credibility of this organization. They won't get the same buy-out and experienced, low-cost FAs wanting to come to LA to play for Doc and alongside CP3/BG/DJ until DTS is removed from the picture.

[D-FENS]

Magic is no doubt looking to get his hands on the Clippers and the Raiders.
Build a massive sports complex/stadium, house all 3 teams in the same facility. Mega Bucks!

Magic loved Jerry Buss, and I really think he wants to be a fun, hands on owner just like him.

Money raised above and beyond mammoth profits become the backing to find the cure to AIDS. Magic becomes the most legendary owner ever, and cures AIDS.

Fin.

[Aidz]

1. Magic + backers wants to buy Clippers
2. Magic approaches Sterling's gold diggier gf and tells her to record Sterling's comments.
3. Gold digger releases tapes.
4. Moral panic ensues. Everyone calls for Sterling's head.
5. Gold digger gets money from Magic, interview, fame, probable book deal, social rights activist.
6. NBA forces Sterling out.
7. Magic buys Clippers.

And that, ladies and gentleman, is how you get rid of someone in your way.

Sterling must be pissed that all his jew buddies have deserted him. At this point he has two options.
1. Sell Clippers for a massively inflated price (how bad do you want to get rid of me?) and call it a victory.
2. Take it all the way to the courts and bleed it out real slow.

I guess it depends what he wants. A truckload of more money, or a chance to go down fighting as an 81 year old before he dies. I guess it depends whether he starts getting death threats from Magic's people.

America is the most corrupt country in the first world.

[Flash31]

If Michael Jordan could only afford at the time one of the worst teams and one of
the cheapest in NC no less,there is no way Magic can afford the way older,better Clippers in LA.

If this goes through Magic will probably be what Jay-Z was to the Nets only with MJs shares in Bobcats percentage.

I guess props to the extreme golddigger and todays overly pc,liberal,witch hunt media today in helping make it happen.
It's not exactly a shocking revelation that DS was and is highly racist.The league damn sure knew about it and so did the owners and most players way before this.
Though the league did nothing about it bc Clippers made money EVErY Year no matter how horrible or great they were.
DS didnt exactly have a current Minnesota Timberwolves lineup throughout the years.The teams greatest players were black and well anybody could and did go to the games.

This gold digger though found the biggest and best way to maximize her earnings through him bc it sure as hell wasn't kids or being an escort now.
She could get Tens,maybe hundred million to not reveal anything else and STfU about it.


Magic as a clipper---hmm
This publicity will only increase the value of the LAC and tings around them so great news for the league.It even makes a great story to sell.
The question will be though if LAC do go up for sale--does Magic and inv. get it in La or does it move,maybe perhaps the Seattle group tries to get it.
They tried with NOP,Sac,GS,Mem,Bkn so they could now especially if pricetag is 1 Billion which makes it easier to acquire due to less investors and LA already having a team.

[Dro]

http://www.celebritynetworth.com/richest-athletes/nba/magic-johnson-net-worth/


Magic Johnson net worth: Earvin "Magic" Johnson Jr. is a retired American basketball player and entrepreneur who has a net worth of $500 million.


t has not been a quiet retirement. During his playing career, Magic earned just over $18 million in salary and several million more in endorsements. In retirement he used that money to launch a business empire called Magic Johnson Enterprises that is valued at over $1 billion today and has given Magic a personal net worth of $500 million. Magic Johnson Enterprises owns Magic Johnson Theaters, a movie studio and a promotional marketing company. In 1994 Magic paid $10 million to buy 4.5% of The Lakers which he sold in 2010 to billionaire Patrick Soon-Shiong for a reported $50-60 million. In 2010 Johnson also sold his chain of Starbucks for $75 million.

[crisoner]

1. Magic + backers wants to buy Clippers
2. Magic approaches Sterling's gold diggier gf and tells her to record Sterling's comments.
3. Gold digger releases tapes.
4. Moral panic ensues. Everyone calls for Sterling's head.
5. Gold digger gets money from Magic, interview, fame, probable book deal, social rights activist.
6. NBA forces Sterling out.
7. Magic buys Clippers.

And that, ladies and gentleman, is how you get rid of someone in your way.

Sterling must be pissed that all his jew buddies have deserted him. At this point he has two options.
1. Sell Clippers for a massively inflated price (how bad do you want to get rid of me?) and call it a victory.
2. Take it all the way to the courts and bleed it out real slow.

I guess it depends what he wants. A truckload of more money, or a chance to go down fighting as an 81 year old before he dies. I guess it depends whether he starts getting death threats from Magic's people.

America is the most corrupt country in the first world.


GAME OF THRONES!!!

[JohnStarks]

Cuban should buy the Clips.

[Pointguard]

If Michael Jordan could only afford at the time one of the worst teams and one of
the cheapest in NC no less,there is no way Magic can afford the way older,better Clippers in LA.

As a businessman Magic is on a whole different planet than Jordan. Its not even close. Magic went into business ventures that everybody was running away from and flipped it (movie distribution and Starbucks) and he's brought new energy to a great franchise in the Dodgers. Magic brought the Dodgers for twice as much as the Clippers will cost. He will likely have all three major sports in his grasp in ten years. And likely be model for other majority owners. You have no idea.

[Flash31]

:biggums:


As a businessman Magic is on a whole different planet than Jordan. Its not even close. Magic went into business ventures that everybody was running away from and flipped it (movie distribution and Starbucks) and he's brought new energy to a great franchise in the Dodgers. Magic brought the Dodgers for twice as much as the Clippers will cost. He will likely have all three major sports in his grasp in ten years. And likely be model for other majority owners. You have no idea.


Magic may be rich but a Billion Dollars rich -no
And even if he was he still needs more than twice that to be able to buy the LAC

This isn't Magic buying the LAC.This is investors buying LAC with Magics name attached to it.

Magic doesn't have the capital or funds to do it.
He can hold a minority share sure but a majority owner or majority share--no


The LAC are on a whole different level than Cha was.
Magic doesn't have the capital or funds to do it.

[kaiteng]

RAHHHHH IMA GONNA KICK STIRLING UNDER THE BUS AND STOMP HIS WHEN HE FALLS RAHHHHHH!!

so I can buy his team cheap.

[gts]

already denied by Magics people

[Pointguard]

:biggums:

Magic may be rich but a Billion Dollars rich -no
And even if he was he still needs more than twice that to be able to buy the LAC

This isn't Magic buying the LAC.This is investors buying LAC with Magics name attached to it.

Magic doesn't have the capital or funds to do it.
He can hold a minority share sure but a majority owner or majority share--no


The LAC are on a whole different level than Cha was.
Magic doesn't have the capital or funds to do it.

The Dodgers alone are worth twice the value of the Clippers. Magics corporation is a finacial outfit for Magic's wishes. They invest - he makes all the decisions and eventually buys them out.

[Pointguard]

already denied by Magics people
Yeah, it definitely wouldn't be good timing if he put his hat in the ring. Sterling would up the price if there was immediate interest and a target of his prejudices wanting to buy. Its still a business deal with a certain stain on it.

[Darius]

Clippers are in biggest market, with best arena and two top 10 players under long term contract.

They aren't selling for less than $1b imo.

Magic isn't the one paying for it... He'll probably just slap his name on the deal and get a 3-5% interest.

[Pointguard]

Clippers are in biggest market, with best arena and two top 10 players under long term contract.

They aren't selling for less than $1b imo.

Magic isn't the one paying for it... He'll probably just slap his name on the deal and get a 3-5% interest.
Magic is very ambitious and is going to own a basketball team and perhaps a football team in a matter of time. He usually does things big and not small.

[gts]

Earvin Magic Johnson ‏@MagicJohnson
To NBA Fans, I want to put a stop to a rumor. I am not trying to buy the Clippers, they already have an owner.

[qrich]

Hope it isn't true.

[alanLA92]

As a Laker fan I'm cool with it. Never hated the Clippers but hate those f***ing bandwagon fans aka those annoying Laker fans from 4 yrs ago. :lol

[alanLA92]

Earvin Magic Johnson ‏@MagicJohnson
To NBA Fans, I want to put a stop to a rumor. I am not trying to buy the Clippers, they already have an owner.

.......For now. :D

[gts]

Hope it isn't true.You'd rather have Sterling? or?

Man, if it was true which it isn't but if it was how could a Clipper fan not want a guy like Magic, who loves the city and is dedicated to winning and who knows the game like he does?

[qrich]

You'd rather have Sterling? or?

Man, if it was true which it isn't but if it was how could a Clipper fan not want a guy like Magic, who loves the city and is dedicated to winning and who knows the game like he does?

I'd rather have David Geffen.

I'd rather have Frankie Muniz, Penny Marshall, Jessica Alba, Rhianna & Billy Crystal put it together and have co-ownership.

I'd rather have Reggie Thues or Bobby Braswell.

I'd rather have someone that wouldn't be a repeat of Sterling and actually put effort in. Something I do not see Magic doing for obvious reasons. Dude would run it as an actual farm team.

Hell, I'd rather have Rochelle get full control of the team as well.

[gts]

I'd rather have David Geffen.

I'd rather have Frankie Muniz, Penny Marshall, Jessica Alba, Rhianna & Billy Crystal put it together and have co-ownership.

I'd rather have Reggie Thues or Bobby Braswell.

I'd rather have someone that wouldn't be a repeat of Sterling and actually put effort in. Something I do not see Magic doing for obvious reasons. Dude would run it as an actual farm team

:rolleyes: oh boy....

[qrich]

:rolleyes: oh boy....

Sentiment is shared by many people I know. Even those that aren't Clipper fans.

Give me Chuck's flip-flopping ass as well.

[gts]

Sentiment is shared by many people I know. Even those that aren't Clipper fans.

Give me Chuck's flip-flopping ass as well.Stop hanging out with idiots... Magic is one of the most competitive people going.. He doesn't do anything half assed as proven by his post playing day career and I'd expect nothing more than a 100% effort from him and the people he'd put in place...

He's articulate, well loved by the media and LA business men, savvy, shrewd and loves the game, you literally couldn't ask for a better owner...

But don't worry he's already shot it down...

Funny thing is he's right the Clippers already have an owner and I doubt he's going anywhere, you're probably stuck with him and the mess he's created...

[Pointguard]

I'd rather have David Geffen.

I'd rather have Frankie Muniz, Penny Marshall, Jessica Alba, Rhianna & Billy Crystal put it together and have co-ownership.

I'd rather have Reggie Thues or Bobby Braswell.

I'd rather have someone that wouldn't be a repeat of Sterling and actually put effort in. Something I do not see Magic doing for obvious reasons. Dude would run it as an actual farm team.

Hell, I'd rather have Rochelle get full control of the team as well.
A repeat of Sterling??? Sterling took 28 years to start spending money. Magic spent money from the first day. Magic had the Dodgers in the playoffs, heck the second round iirc, right away. Magic had legends as guides all year long. And that's a sport he doesn't know like Basketball. Magic would be the most proactive owner and knowledgeable owner in the sport - very much like what Cuban is now. And you rather have those people running your ship? Why not have Arnold run it? Celebrities are the answer to everything in certain towns, huh.

[mikek85]

I'd rather have David Geffen.

I'd rather have Frankie Muniz, Penny Marshall, Jessica Alba, Rhianna & Billy Crystal put it together and have co-ownership.

I'd rather have Reggie Thues or Bobby Braswell.

I'd rather have someone that wouldn't be a repeat of Sterling and actually put effort in. Something I do not see Magic doing for obvious reasons. Dude would run it as an actual farm team.

Hell, I'd rather have Rochelle get full control of the team as well.

I actually think Billy Crystal would be an excellent owner.