Magic Johnson’s Shoe Deal Regret…
The super-legendary Magic Johnson, famed for his flashy passes and glistening smile, admits he might have made the mother of all money slip-ups by signing with Converse instead of Nike. Back then, offered a mountain of money by Converse, Johnson jumped at the deal faster than a frog on a trampoline. But little did he know, by turning down a Nike stock offer, he was really passing up on a billion-five jackpot! Oh well, who knew financial hindsight would cost more than a fortune teller’s bill?
Now, imagining an alternate universe where Magic accepted Nike’s offer makes one think he’d spur rival billionaires to join a group yoga session out of envy. But still, Magic has done pretty well for himself—he owns chunks of teams like they’re pieces of his grandma’s secret pie, including the Dodgers and the Sparks. Despite missing that colossal Nike boat, Johnson still floats on cloud nine, all smiles as he watches LeBron and Nike’s “Just Do It” campaign from his cozy perch on the financial mountain. Magic may have missed the Nike magic carpet ride, but he certainly isn’t running out of gas on his journey upward anytime soon!
