Ex-NBA Star, Magic Johnson, must have some major plans in the works. The Los Angeles Times is reporting Johnson recently sold his 105 Starbuck franchises back to the parent company.
Earlier this week it was announced, the former Laker superstar, unloaded his ownership interest in the Lakers. Both deals are worth around $100 million, according to the Times. More on Johnson’s wheeling and dealing here.
Fronnie Lewis
Fronnie Lewis is the editor of mediacitygroove.com. She has an extensive background in newsgathering and writing, including more than two decades as a newswriter at KNBC-TV Los Angeles. She graduated from Stanford University, where she studied journalism and broadcast news.
