Not a bad return considering he only paid $10 million. I wish my investements could do that good. Go Bulls !!!

stop using the word dude in the crap u guys put online.

That's because he is about to become one of the owners of The Pistons.

@4 Thanks for the info. I was wondering why.

iam so sad to see the magic man sell his share from the lakers .....i always felt that the magic man belong with the laker .....i wish him the best .......

he sold his share for about 35 million while sitting on his private jet
then donated 2 tickets and raised 48 thousand for CHARITY
how many zero's are in 35 MILLION

Thought he was gone. Hate basketball. He must be in the guiness book. Never mind.

Drop out of college,fool around on loving wife while in NBA,catch HIV,get thrown out of NBA,make millions and millions of dollars.Some people are born in the ''lucky line''

I thought he was dead,,,,he is still living????

Hmmmm, somethings strange about Irving Johnson cashing out his Laker's interest. Obviously he doesn't need the dinero and his stated reason that he was doing it for his family rings hallow to me. Could it be his HIV is now full blown AIDS, Cookie caught him banging another white girl and wants an expensive DIVORCE or dude wants to be the NBA Commissioner taking that gig from David Stern?
Curiouser & curiouser....
G....

" He raised $48,000"......but it cost him $100,000 to fly there. Wouldn't it have been better for the Organization if he stayed home and wrote a check?

..to all the idiot comments. Magic is repositioning his wealth to create a new team

I hope his business venture(s), sales, or financial wheeling and dealings continue, especially if they afford opportunity to bring employment opportunities to more blacks. He is a classic example of someone who comes from a meager position, but utilizes his good fortune to help strengthen the community by investing in them. I really hope that at the end of the day, part of his motivation will be to continue being an example of effective leadership in the black community. Thanks "Magic"!!!