Magic Johnson does not have a billion dollars to buy the Clippers.
His part in the 1.3B Dodger deal was about 50M.
True. But they just got a gigantic multi-billion dollar TV contract;I’m sure his share value of the Dodgers, on paper, went way up.
As before, he will be the high-profile minority figurehead that will “lead a group” that will gain control.
He’s got something more important than money: LA friends who idolize him, and an image the NBA wants. imo