Magic Johnson On Donald Sterling Ruling ... I'M ALL SMILES!

Magic Johnson says he has "no ill-feelings" toward Donald Sterling -- but he sure as hell flashed a HUUUUGE smile when asked how he felt about the Clippers getting a new owner.

Johnson was at a Lakers news conference in L.A. yesterday when he was asked about the court ruling that will allow Shelly Sterling to sell the Clips to Steve Ballmer.

"What’s my reaction to the Sterling ruling? What do you think my reaction to the Sterling thing is? [flashes big smile] Do you see this? I don’t think you see this. I don’t have anything bad to say about him right now."

Boom.

But ... being the classy guy that he is, Magic continued -- "I’ve said already that I’m praying for the man. But it’s a great day for Clipper fans, for this city. Ballmer is going to be an exciting owner, and a good owner for the Clippers."

Magic says he's got to give credit to Shelly -- explaining, "This was tough for her" ... but insisted, "I have no ill-feelings toward Donald."

In case you forgot, Donald's initial racist rant was all about Magic -- when he blasted V. Stiviano for posting a photo on Instagram with the NBA legend ... which Donald disapproved of because Magic is black.

Donald then went on to trash Magic on CNN -- saying Johnson should be ashamed of himself for contracting the HIV virus.

Even then, Magic simply said he was praying for Sterling.