Millionaire Lakers Legend Magic Johnson Confesses Refusing to Invest in Stephen Curry?s Warriors Due to a Sense of Betrayal

5x NBA champion and Los Angeles Lakers legend Ervin Magic Johnson is mainly known for his basketball excellence with the Lakers in the 80s and 90s. But did you know Johnson is also among the wealthiest NBA players ever? After his retirement, the Hall of Famer built a business empire spanning numerous industries. Johnson has done everything from part-ownership in Sports teams to multi-million dollar investments in corporations.

Johnson recently appeared on the ‘Club Shay Shay’ podcast with Shannon Sharpe. On the podcast, Johnson revealed that he got numerous offers to be a part-owner of a team in the NBA, but he rejected them all.

Magic Johnson rejected the offer to be a part-owner of the Golden State Warriors

Magic Johnson sat down with the Hall of Fame tight end Shannon Sharpe on the ‘Club Shay Shay’ podcast to discuss various topics from his personal life, the NBA, business, and more.

In one of the segments, when asked about ever owning an NBA team, Johnson replied in the affirmative, but only when the time was right. Johnson also revealed that he had received offers from four different NBA teams asking him to be a part-owner. But Johnson had declined them all because of his love for the team he played for; the Los Angeles Lakers.?

Read More – ?You Gone Get Crucified either Way?: Lakers Legend Magic Johnson?s Stern Advice to Russell Westbrook Has NBA World in Shambles

Johnson confessed that the owners of the Golden State Warriors, Peter Gruber and Joe Lacob, invited him for lunch and pitched to him. They wanted Johnson to be a partner by becoming a part-owner of the Golden State Warriors. But Johnson rejected their offer because of his loyalty to the Lakers. “I just couldn’t do it, I am a Laker.” Johnson’s words indicated his sense of guilt and betrayal toward his team when the opportunity of investing in another franchise presented itself.

Magic Johnson and the Los Angeles Lakers; a match made in heaven

The Los Angeles Lakers and Dr. Jerry Buss drafted Ervin Magic Johnson in the 1979 NBA draft as the #1 overall pick in round one. Coming into the NBA, Johnson was the most sought-after prospect. His college rivalry with the Celtics legend Larry Bird carried over to the NBA. Many believe the rivalry between Johnson’s Lakers and Bird’s Celtics revived the NBA and put it on a global stage.

Johnson won 5x NBA championships with the Lakers alongside Kareem Abdul Jabbar. Johnson’s rookie campaign is considered one of the greatest in league history. The Lakers came face-to-face with the Philadelphia 76ers in the 1980 NBA Finals. The Lakers beat out the 76ers in a thrilling six-game series, with Johnson taking home the Finals MVP as a rookie.

Watch the Story – Lakers legend Magic Johnson has his Robert De Niro and Al Pacino fan moment as he visits the legendary set of godfathers.

Many fans consider Magic Johnson the greatest Laker and the greatest point guard ever. After his retirement, Johnson ventured into numerous businesses. Over the years, the Hall of Famer has built a massive empire worth millions. Johnson, according to sources, is estimated to be worth over $620 Million. The lifelong Laker also actively takes part in the team’s affairs from time to time.