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Magic Johnson sells his 105 Starbucks franchises

Magic A day after he sold his interest in the Lakers, Magic Johnson has also sold another of his successful business ventures.

Johnson has divested his interest in Starbucks, selling 105 of the franchises back to the company, according to a source not authorized to speak publicly.

A source close to Johnson said that the Hall of Famer liquidating his assets doesn’t indicate he’s interested in pursuing another NBA team right now, but he does have an eye toward acquiring something “in sports" in the future. The two sales combined were worth more than $100 million to Johnson, the source said.

Johnson had been rumored to be interested in buying the Golden State Warriors or Detroit Pistons, but the source said that was never the case. The Warriors and Pistons have been sold.
The source also insisted that Johnson’s real estate properties are doing fine.

Johnson made the two sales because it was a good business decision, the source said.

Johnson sold his 4.5% ownership stake in the Lakers to billionaire season-ticket holder Patrick Soon-Shiong, the team announced Monday.

Terms of that deal were not released, but various publications valued the Lakers' worth at $600 million, and Johnson’s stake had an estimated value of $27 million.

Since retiring from the Lakers, Johnson, 51, has become a successful businessman, venturing into commercial real estate, health clubs and restaurants.

Neither Johnson nor his agent, Lon Rosen, could be reached for comment.

Johnson has purchased a luxury suite at Staples Center and will continue to be involved with the Lakers.

 -- Brad Turner

[email protected]
twitter.com/BA_Turner

Photo: Magic Johnson. Credit: Nick Ut / Associated Press

 
Comments () | Archives (82)

The comments to this entry are closed.

Jaime Sweet -

It's good to see you on here too. I defend Luke as I would defend every player who wears the Forum Blue and Gold. Each one has something to bring to the table, and only those with a perfectly circular and insular worldview cannot understand that.

How's your afternoon going?

JUSTA

any room for French Kiss as a priority on the list?

or "baguettes" (the figurative meaning)

Cali

your post reminds me of the "Stay in School" campaign.

1. "but I am one who can clearly see the value that Luke brings as a player. There are quite a number of instances where he has shown his value to the team (one of them being his career high hear in 2006-7)"

2. "I'm sober-minded (as you put it), and there are plenty of other sober-minded people who can understand Luke's value to the team. Again, your claims about his improvement are patently false (please look at his career at this website: http://www.basketball-reference.com/players/w/waltolu01.html). You could also look up points-per-possession on 82games.com for units with him in and with him not in them. "

3. "So the next time you decide to rant about Luke, please know that having evidence to back your claims would be fantastic - statistics would be a good start. That way, you can start to reach the potential that you have as a critical thinker. "

-----------------------------------------------------------

now this will be really FUN. without any "critical thinking"

1. "(one of them being his career high hear in 2006-7)"

whowwwwwww. in 2006/2007 we had LO, who K Bros considered the real franchise player of the team, and the MVP, we also had Kobe, just a modest player and yes, the 3rd best player on the team was LUKE. who else was on the roaster? smushcalade, cakecalade and cookiecalade. IMPRESSIVE. (do i have to add anything to your logic and especially REFERENCE?)

EXPERIMENT FAILED

2. "You could also look up points-per-possession on 82games.com for units with him in and with him not in them."

indeed, another IMPRESSIVE REFERENCE. as you said, "start with statistics".

let's see:
lakers r a winning franchise.
the team blows out, beats or wins most of the games against elite teams (a few), a few solid teams and mostly against losing teams.
for the past 2 years, LUKE was part of the SCRUBS lineup.
the Lakers scrubs played against SCRUB TEAM's SCRUBS
we don't know, it's not scientific but can we make the "assumption" that the LAKERS SCRUBS r better than the OPPOSING TEAM's SCRUBS?

can we also make the assumption that when the Lakers r already up by 15-20 and the LAKERS SCRUBS enter the court, the OTHER TEAM SCRUBS are already DEJECTED and DEPRESSED.
it's not scientific, but human nature.
also, that the OTHER TEAM's SCRUBS, after losing night in and out, they kinda play like "walking pieces of cardboard" without putting any pride or effort in their play.
science says NO. game tapes says YESSSSSSSSSSSSSSSSSS.

so in which CONTEXT –"units with LUKE in and with LUKE not in them" –made up those MAGIC numbers that 82.com makes LUKE the second coming? (they don't mention who LUKE played against do they? like the Warriors who had like 4-5 D-Fender players because all the team was injured)

WRONG MODEL.

3. "So the next time you decide to rant about Luke, please know that having evidence to back your claims would be fantastic - statistics would be a good start"

see statistics above

So the next time you decide to support Luke, please know that having evidence to back your claims would be fantastic - statistics ARE NOT a good start

THE OPERATION WAS SUCCESSFUL, THE PATIENT DIED.

------------------------------------------------------

CONCLUSION:

how about a dose of reality:

last time LUKE was on the court it was against the CELTICS

a. he was alone, because NO COACH, especially THIBAUDEAU, respects any of his game.
b. he was blocked on penetrations
c. he missed shots even if the defender was at least 5 feet away from him. no hands in HIS FACE.
d. his high BB IQ and "GLUE" was worthless because the CELTICS knew that LUKE KNOWS THE TRIANGLE AND he is playing it BY THE BOOK.

but taking away the passing lanes, it was not BY THE BOOK. it was by the PUKE. they victimized him, letting the Lakers to play 4 on 5. and FINALLY, even his biggest supporter PJ, took him out.

and PJ never inserted him again. NEVER. regardless of the scientific, logic and statistics of 82games.com

i think PJ read the "THE LOGIC BOOK" (if Luke sucks so badly now, why try it again?????????) and his "GORILLA EXPERIMENT" did not work.

all this LUKE CHARADE is a cover up for one of the worst contract in NBA history (as length) that a team can't shake up. with all the brilliant statistics and his high IQ, NO TEAM in the NBA will trade for him

aren't u surprised that the Lakers don't even try to trade him?

can u believe this headline on the BSPN, Yahoo or NBA:

"LAKERS LOOK TO TRADE LUKE WALTON"

it will be the laughing stock for months.

they tried to trade LO, Farmar did not work for 2 years, they even tried sasha. did not work. they don't even BOTHER to try LUKE.
there is no word in the dictionary that can express the magnitude of this FAILURE.
there is no LOGIC BOOK that any GM can read to be persuaded to take him.
no one wants a "GORILLA EXPERIMENT".
teams went even for RAD, for Cookie, at least they were "potential" 3 point specialists.
not for LUKE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

so CALI: stay in school and defend your critical thinking.

it is not necessary on the basketball court. and neither for basketball fans. there is no need to finish even HIGH SCHOOL to understand that LUKE is: nothing, zip, zilch, iota, nix, squat, diddlys$$$, goose egg, bubkes and ending with PFFFT (just sampled the end from an arthur danto article about text in paintings)

but because u sincerely believe in LUKE like "other sober-minded fans" (ohhhhhh sobriety, how dangerous), maybe you can write your dissertation on the subject, something like:

"Luke Walton, the last underrated, underestimated dandy and the spleen of Venice beach; logic in the age of speed, athleticism, dunkin', dress code and zebra taunting"

maybe u can ask Bill Walton to be your committee's chair. i'm sure he read the LOGIC BOOK.
ohhhh no, he has no logic in his comments. he CONTRADICTS himself from one liner to the other. but he is passionate about it. is LUKE passionate about it? i don't think so.

maybe he's an introvert. or intro-vert. (vert-french for green)

Yeah, he's selling these business interests for ISH and giggles. Who in here would bet against him owning the Pistons soon?

@humanomaly - I like Star Trek references pretty much anywhere (except in the boudoir, shouting 'Engage!' in the heat of the moment is a sure-fire way to wake up alone).


@Cali - My afternoon is going well, thank you, the rain cheers me up and I like driving in it...just not with other people. My only explanation for how southern Californians react to rain is...they're just not very used to it. I agree with you in regards to even the supposed dredges of our roster, they all bring something unique to the team.


Can we just stop with the 'waive Luke/Sasha/whatever player has drawn your ire on the Lakers. When a team waives a player they are still on the hook for his full salary. Luxury tax, too. The Lakers will not save one single penny by waiving a player who has a guaranteed contract. Otheriwse you would see shoddy NBA players dropping like flies.


So please, please, for the sake of all of our collective sanity, come up with something slightly more compelling than 'waive Luke' because it solves nothing. If anything it really takes away from our depth.


GO LAKERS!!!!!

Earvin's on his way to buying something. Just not sure why all the smoke and mirrors.

sup ouchhhhhhhh


OMG - I can't believe I forgot french kiss.

Tells you how long it's been.... ok - maybe TMI here....

LOL!!!!

GAME DAY!!!!!!!

I want something a bit more "season" tonight.

NO DIGGITY:
http://www.youtube.com/watch?v=3KL9mRus19o&ob=av3e

Earvin's on his way to buying something. Just not sure why all the smoke and mirrors.

Posted by: htj | October 19, 2010 at 04:04 PM
--------------------------------------------------------------

more T-Cells for his wife Cookie?

htj: "Earvin's on his way to buying something. Just not sure why all the smoke and mirrors."

-

Yeah, I agree, something is in the works. I HOPE it's not the Pistons. I'd LOVE to see Magic buy the Dodgers, or even bring over an NFL franchise/expansion to L.A.

BTW I KNOW he loves the Dodgers as well as the NFL because I've seen him attend a Dodger game and a Rams/Cowboys playoff game at the Big-A around '84.


GO LAKERS!!!!!

I know Magic is / has been a successful business man.

But - do you guys think he'd be a good team owner?

I don't know...

what is all this anger about luke? it has been here for a while , it seems to only get worse. it is what it is , luke will not or rather cannot do what others on the team are able to do, no high flyer ever, he does however calm his team down when it is needed. he seems to be a good teammate.is there something going on and we don't know what is (do we, mr. jones?) about him? is it his father, is it his skin color? is it the money? if it's not what IS it?

justa - i hear you...Magic was a bust as a head coach...

Jamie - shouting 'Engage!' in the heat of the moment is a sure-fire way to wake up alone). OMG - I slobbered all over my cigarette laughing so hare...

Enough of the Luke debate...we have so much to look forward to...Like another glimpse of our boys tonight...

Here is a reflection of my feeling...If this doesn't get you in game time mode...don't know what will...crank it up!

http://www.youtube.com/watch?v=go8ABAkQcfk

Lakers Dynasty - The Next Generation...

#17 Coming Up...

Activator-

Magic and Cookie don't even speak much less share intimacy.

If Jim Healy were alive he would have already broken the story. ISSSS IT TRUE????......whaaaaaaat former Laker basketball star is set to buy the LA Dodgers!?

Hey Magic - The Dodgers are desperately in need of new ownership. Any interest?

lew????

cigarette????

those things will kill you man - you got a family to worry about...


ONE WEEK TO FILL THE LAT LAKERS BLOG BUS...

DESTINATION: STAPLES CENTER FOR OPENING AND RING NIGHT!!!
Let's show unity and support for this most excellent season coming up!


====--- -------==========
[_|___|__|___|__|__|__|__|__|__\
|____LAKERS NATION BUS_\__\__
l__________________________--|
\_(O)-(O)_____________|_|(O)___/
LEWSTRS - Driver
NewMexicoLL - Shotgun
LRob - DJ and Bartender
justanothermambafan –Security & Fabulous
Mamba24 - Navigator
Laker Lass - Keeper of the Flame
Mark Medina - Customs
ZairaAmaterasu - Goddess
Laker Tom - NorCal Chapter
utzworld - THE ONCE AND FUTURE BANNER HOLDER - Chaplain
Fan of The Mamba - Midwest Chapter
phred = The Love Chapter
Jamie Sweet - Can't wait for a 3-peat
KobeMVP888 - Courtside Technician
RDLee - Ready to Roll
Laker Peace - Ready for the Quest for #17
Houston Laker - Needs a game day Link
Noah - Gods favorite
JustaLakerFan - Got some tunes to strike up the band
63 - Footer - Ready to put some foot into some heat behind
Magic Phil - He of the magic skill
#4 - He knows this is Phils 4th 3-peat
EastCoastJessie - Latina Princess
And the Jello Is Jigglin - He can turn Lebron to Jello
Tim-4-Show - Shannon Browns advisor
Lone Star Laker Fan - Olde Timey Historian"
NewMexicoLL - From Land of The Original Lakers(Minn.)
LakerJ - Fire Fighter - Will Extinguish The Heat
Cofm99 – Security Officer
Segeboy/Taliq – Sheriff
OutLaw – Defense Specilaist
Baby Outlaw – Defense Specialist in Training
Fearless – Enforcer
Rick Friiedman – Morale Officer
Faith – Defense Officer
Jon K – Undercover Agent
J24 – Fairness Officer
PsychedLakerGirl – Review Judge
Joe Corad – Night Games Supervisor
Adrian Palomar – Overseas Chapter
Caps-Googles – Tech Foul Official
CyberCosmix – Devising otherworldly Laker Defense
2Phatt – Can Squash anything with the name Heat
WesJoeNixcon – Shaolin Monk – Trainer of IP Man
IHeartKB24 - Kobe Bryants inspiration
lance from da' bronx - East Coast Chapter
MS – The Tune Master
Zach - From San Diego Chapter
Jefe101 – 17th Parade Director
Staples24 – Director of Trades
Caliphilosopher - British Correspondent
Nemaia Faletogo - Tropical Zen Master
LAKER TRUTH - Abe in Purple and Gold
Humanomaly - Trekkie and proud of it
htj - Memphis BBQ Specialist

opps...justa you weren't suppose to see that...

the Activator -

Cute. When you actually say something of import that is more than a value statement, and besides pontificating, people will take you seriously. Perhaps getting your grammar straight will help.

Have a nice day!

Don't do it, Lew, I know you're tempted.

Also, justa's right, cigareetes are bad, too.

BUY THE DODGERS! BUY THE DODGERS

justa: Magic can't be a worse owner than the McCourts! lol...

- - -

Was I the only one that liked 'The Magic Hour' I guess I was too huge a Magic fan not to like it. However, not even I could justify the coaching job he did. I think even HE realized and figured he wasn't exactly coaching material. The all-time greats rarely are. Seems like it's the scrappy players/the overacheivers/the grinders that make the best coaches.

That is what makes Jerry West so special and unique. He was an all-time great player, a pretty good coach (leading a Laker squad with some holes on the roster to the playoffs every year he coached the squad) and possibly a better executive and GM than a player (and THAT is saying something!).

Magic though is showing that he might be as good a businessman than West was an executive. Quite a legacy of Laker greats do we have, on and off the court!


GO LAKERS!!!!!

@The Activator.
Wow.
Chill out.
Use all that energy to go talk smack about another team's player on another team's blog. Thanks. But I like how you use about twenty exclamation points and twelve extra S's to make a point, or maybe your keyboard is just covered in a sticky substance and the letters get stuck. I dunno. I'll have to dig out my college LOGIC BOOK and check it out.
Oh and BTW if you really viewed so much "game tape" you would know that the Lakers have not been blowing teams out the last few years, and ESPecially not last year.

It is painfully obvious why "Magic" Johnson is liquidating his holdings!

The "Axis of Tax U.S." (Obama, Reid and Pelosi) has stuck. Between the rise in various Federal income taxes, after 1 January (a "Millionaires Tax," a new "Medicare Tax," etc.) and the cost to do business, (especially with Obummer-Care and the minimum wage) it's time to cash-out while he's ahead.

Oh and BTW if you really viewed so much "game tape" you would know that the Lakers have not been blowing teams out the last few years, and ESPecially not last year.

Posted by: AndTheJellosJigglin | October 19, 2010 at 04:49 PM

i know. i enjoyed every KOBE buzzer-beater. because the scrubs did not do their job? so how come Luke was still magical in his stats.

oh, and by the way, with a team that had so many close games, "The Jello was NOT really Jigglin" till the last seconds or minutes or the game. maybe the jello was out of date. not a great screen name. perishable.

Stephen M. -

Since when did this turn into a political blog? Just out of curiosity, have you read The Economist?

If it's "painfully obvious" to you, then you sure have all the L.A. Times journalists whipped. Which is quite interesting, given the fact that Magic hasn't said much about it right now.

Thanks for the insight.

@The Activator.
Wow.
Chill out.
Use all that energy to go talk smack about another team's player on another team's blog. Thanks. But I like how you use about twenty exclamation points and twelve extra S's to make a point, or maybe your keyboard is just covered in a sticky substance and the letters get stuck. I dunno. I'll have to dig out my college LOGIC BOOK and check it out.
Oh and BTW if you really viewed so much "game tape" you would know that the Lakers have not been blowing teams out the last few years, and ESPecially not last year.

Posted by: AndTheJellosJigglin | October 19, 2010 at 04:49 PM
=======

Jello

This is just another example of jealousy rearing its ugly head. Long winded posts highlighted by hateful comments picking on a role player who was barely in the Lakers rotation last year ... in the face of back-to-back NBA championships ... shows what extremes that Laker Haters will go to in an effort to undermine the Lakers' accomplishments.

To The Activator: More please. There's nothing like a little comic relief. Did Luke's contract turn out to be "bad"? Yes. One of the worst in NBA history? I don't know. Maybe you should ask 76ers fans how they feel about Elton Brand's contract or ask Hornets fans about Peja's contract or Knicks fans about Eddy Curry's contract. Have you seen Nazr Mohammed's deal? Now he's a real impact player. I believe the list goes on and on. At list crappy ol' Luke hasn;t prevented the Lakers from going to 4 NBA Finals in the past 7 seasons, winning 2 of them.

How many NBA Finals has your team been to in that time span? Just curious.

It is painfully obvious why "Magic" Johnson is liquidating his holdings!

The "Axis of Tax U.S." (Obama, Reid and Pelosi) has stuck. Between the rise in various Federal income taxes, after 1 January (a "Millionaires Tax," a new "Medicare Tax," etc.) and the cost to do business, (especially with Obummer-Care and the minimum wage) it's time to cash-out while he's ahead.

Posted by: Steven M. | October 19, 2010 at 04:57 PM
------------------------------------------------------------------------------------------
What part of that is suppose to be painful? The man millions while playing a game and sleeping with tons of women. Now I'm to feel sorry because he is being taxed. Steve M you are a clown.

AndTheJellosJigglin (and I'm not afraid as MJ to say top-3 blog names, along with Cap's Goggles and 63 Footer!): " I'll have to dig out my college LOGIC BOOK and check it out."
-
If you can make some sense of Activator's post above, please explain to us what the heck he's saying.

I think it might take longer to decipher the gibberish he posted than it was to figure out what was figure out what was written in hieroglyphics in King Tut's tomb...


GO LAKERS!!!!!!

I beg to differ Activator...

AndTheJellosJigglin is a Freakin Incredible name/handle...

TRUE Laker fans would appreciate and get it...

He honors not only the great Chick Hearn, but show his cleverness in choosing his handle...

And I agree with ATJJ...you have made your opinion very clear about 3 threads ago...enough already...don't be a bummer on game night...

Lakers Dynasty - The Next Generation...

#17 Coming Up...

KobeMVP888: Can I nominate Rashard Lewis to your list of overpaid players? I'd also nominate the C's big-3, but since they just made the finals I'll hold off...

Oh, just want to add, MO WILLIAMS STILL STINKS!!!

lol


GO LAKERS!!!!!

Lewstrs........How in the heck do you remember all the personal things about the bloggers for the bus? I must say I'm impressed with your recollection!!!!!!!!!! I thought we were going to get the Laker's on NBA TV and the Clippers are on there. Whoopie! I don't think their on KCAL either.

How many NBA Finals has your team been to in that time span? Just curious.

Posted by: KobeMVP888 | October 19, 2010 at 05:02 PM

my team was in the finals in the past three years and won 2 championships. IN SPITE of Luke's NON-contributions.

and my team will make the finals this year again, regardless if Luke is on the bench, at the beach in Venice or making bad entry passes or dribbling out the clock with 8 seconds left after a time out. for a HIGH IQ, indeed it is hard to count to 8.

i hope he does not blow out single-handedly 3-4 games like in previous seasons. it is important for HCA. but i will decline that decision to the ONE and ONLY, PJ.

KobeMVP888

and because pfunk mentioned that most "journalists" r by standers, and r not asking "direct" questions, maybe we should ask MM to ask Kupcake, how Luke's contract looks on his CV. or maybe it is not even mentioned. u know those corporate tips, about leaving out the worst moments of ones career.

Don't forget to pack all of your mirrors on your way out of town, Magic.

Cyber -

Check out my team from the draft...I was hindered with terrible positions on my picks, especially #9 in the first round...Of course MM had #1 pick which he used on Durant...and Blitz actually got Kobe even at #5 pick...

Andrew Bynum
Marc Gasol
Rajon Rondo
Lamar Odom
Brandon Jennings
Ron Artest
John Salmons
Steve Blake
Wilson Chandler
Steve Blake
Ronnie Brewer
Jordan Farmar
Kirk Hinrich

LRob - got tons of guards...need another center...I know you got tons of bigs...let's make a deal...

Lakers Dynasty - The Next Generation...

#17 Coming Up!!!

PLEASE MAGIC....BUY THE DODGERS!!!!!!!!!

Cosmix-

Rashard Lewis is grossly overpaid, but at least he contributes most games. His contract is more like LO's last deal where he made 15 million while still disappearing in critical moments. Sums up Rashard pretty well.

Luke's deal is more of a stinker because of it's length and Luke's injuries. The 6 years has got to be the thing making most of us cringe. The best thing about it is it seems to have taught Mitch a very valuable lesson in never giving long term deals to anyone with no long term track record of contributing or injury history. I guess there is a silver lining in Luke's deal after all.

Lewsters -

You drafted Steve Blake twice? You must be really enamored with him! How long until you pick up a Blake jersey?

the Activator: Mbe u can save the shorthand & L337 speak 4 other blogs, plz.

I think that we've moved on past 2007, we can stop calling Mitch 'Kupcake'. He has proven he does have what it takes to build a winner. He just pulled two gems out of late draft positions, reloaded the team in grand fashion, and the entire core is signed for 3 more years. Heck, the Lakers are coming off three-straight finals appearances!

So, can't we drop the Kupcake reference and give the man his due!


GO LAKERS!!!!!

htj: Yeah, the contract length is cringe-worthy - I will give you that. However a healthy and contributing Luke in my eyes would worth $5-mill a season. It's a shame that his career has been mirroring his dad's as far as injuries.

You can't teach smarts. You can't teach unselfishness and vision. Perhaps, Luke isn't the finest finisher at the rim, but he has shown to be an effective distributor that helps stabilize the second team and keeps the ball-movement flowing when on the first team. How many times have we seen alley-oops from Luke? I think practically more than all other Lakers combined.

Besides, he's a Laker for the forseeable future, can't we come together and at least stop bashing him as much as we do? Not directed at you htj, but in general...

- - -

LEWSTRS: That is a pretty sweet team. I tend to think that your team will be contending for the fantasy league title.


GO LAKERS!!!!!

I'd be curious to see everyone's fantasy league teams - is there a place we can do that? Maybe then, those of us that didn't get in on the league can at least wager on who will win - and therefore be somewhat involved if not on a first-hand basis...

MexicoLakerLL - I have to give credit where credit is due...

Mamba24 came up with most of the designations...

But it was your idea about the 'Opening Night Bus'...

So we all contribute in our own ways...That's why this is...

THE MOTHER OF ALL LAKER BLOGS...

Lakers Dynasty - The Next Generation...

#17 Coming Up...

htj - Good catch man...

Mike Miller is the 13th man on the roster...I know a Heat...yuck...but the best available at that pick...

My first BB fantasy league...so we are shooting from the hip...

Lakers Dynasty - The Next Generation...

#17 Coming Up...

Lew,

I don't know WHY you got Bynum that early considering he is splitting time with Pau and Lamar not to mention he is at most 15ppg and 8 rpg and still hasn't put a valiant blocking effort since 07-08. Plus unlike Gasol he doesn't put up assist numbers which are double of points.


Rondo was still a reach in the middle first round.

Odom like Bynum suffers from the rotation of the Lakers (and the fact that Bryant and Gasol are the most productive players).

The real gem are Marc Gasol and Brandon Jennings though Jennings has a FG% like Allen Iverson so that will bring down his production.

I only drafted Kobe btw because it was either him or Chris Paul and while Paul has a superior steal numbers and more assists than Kobe injury concerns AND the fact he's no longer in a high octane offense like Bryon Scott's and in a new offense made Kobe the safer choice if a less higher ceiling.

Still your choices puzzle me. Not that I"m complaining. I'm going to be smacking you with my line up in Week 1.

KobeMVP888

and because pfunk mentioned that most "journalists" r by standers, and r not asking "direct" questions, maybe we should ask MM to ask Kupcake, how Luke's contract looks on his CV. or maybe it is not even mentioned. u know those corporate tips, about leaving out the worst moments of ones career.

Posted by: the Activator | October 19, 2010 at 05:18 PM
=====

Who cares?

CCX-

The pro and anti Luke camps will always agree the contract length sucks. I can remember when it was announced. I thought to myself, "Oh, that's interesting. I thought Mitch would at least let him test the market . . . " But I figured Dr. Buss would've signed off on it, and they've got to know more than I did.

Luke has a decent BBall IQ, but it can't consistently make up for his lack of mobility and leaping ability. Two things you also cannot teach. Throw in a few injuries, and they've really made Luke into a liability on both ends of the court.

I'll give you that Luke is a good passer, but an over eager one. He'll do just about anything he can to not shoot the ball, which is a positive since he's not generally that good at it. The negative is that opposing defenses know that too.

Bottom line for me is that the Lakers would be better off without Luke and his contract. If the CBA rules would allow it, the Lakers would have dumped his deal two years ago. If we still had an Allen Houston amnesty rule available, I wouldn't be shocked to see the Lakers use it on Luke. But we're stuck with him. He's ours since he wasn't gracious enough to take an injury retirement, still get his money, and save the Lakers around 30 million in salary and luxury taxes.

I think the team, overall, would be better off without Luke AND the his contract. I'm pretty sure Mitch and Dr. Buss would dump it if they could.

Cyber - phred is starting a second league...email him [email protected]..

A few of us might join this league too...just to fill it up...

Will be loads of fun...I can see the trash talk now...lol

Lakers Dynasty - The Next Generation...

#17 Coming Up...

How many NBA Finals has your team been to in that time span? Just curious.

Posted by: KobeMVP888 | October 19, 2010 at 05:02 PM

my team was in the finals in the past three years and won 2 championships. IN SPITE of Luke's NON-contributions.

Posted by: the Activator | October 19, 2010 at 05:15 PM
====

What do you know. We have a resident poser! ROFLMAO!!!

From starbucks.com:

"Starbucks does not franchise operations and has no plans to franchise in the foreseeable future. "

http://investor.starbucks.com/phoenix.zhtml?c=99518&p=irol-faq

Starbucks stores have never been franchises. What, exactly, did MJ sell?

Damn, I didn't know HIV drugs were that expensive!

Luke's deal is more of a stinker because of it's length and Luke's injuries. The 6 years has got to be the thing making most of us cringe.

Posted by: htj | October 19, 2010 at 05:25 PM
====

Big deal. Luke hasn't prevented us from winning championships unless the same Luke Bashers want to blame him somehow for losing to the Celtics in 2008. I hope these same Bashers had a lower opinion of Buzz Kill than they did of Luke that season. Why do you guys even bring up something that is none of your business anyway? It didn't stop Kupchak from signing Matt Barnes, a player who you seem to be enamored with and he drafted a potential steal in Ebanks for the future.

buy the Dodgers magic!!!!

DO IT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Blitz -

After I saw my place in the picking order...I knew it would be a fun league...

I picked AB to back up by defending him on the Blog all the time...and Rondo was the best available at #9...maybe not in points and shooting %, but assists and steals...

The other Laker picks...well easier to see their contributions when I watch the games...no need to check the box scores...

It's still workable...Just like the 08 Lakers who weren't even suppose to make the playoffs or be 8th seed at best...

But they shocked the world and went to the Finals...

Oh and I liked kisses before I get spanked...lol

Lakers Dynasty - The Next Generation...

#17 Coming Up...

htj - by the way...I think Odom's #7 is the next jersey I will be buying...

Lakers Dynasty - The Next Generation...

#17 Coming Up!!!

Blitz -

After I saw my place in the picking order...I knew it would be a fun league...

Posted by: LEWSTRS | October 19, 2010 at 06:03 PM
=====

One thing I will say about our friend KB Blitz, I would not want to mess around with him in anything involving statistics. Dude's a freakin' encyclopedia!

MVP888-

When did I ever say I was enamored with Barnes? He's certainly an upgrade physically over Luke, but who knows if he picks up the triangle to garner any serious run from PJ.

And you always bring up the championships, and just give that noise a rest already. There are scrubs on every championship squad just not many of them have 6 year, 30+ million dollar deals. And having Luke on Pierce in the '08 finaly certainly didn't hurt Pierce's killing us night in, night out.

Luke doesn't belong on the squad at this point. I'd hoped he had an ounce of shame in that enormous brain of his and he'd just hang it up, ending the debate once and for all. For every ally oop pass or other respectable play Luke makes, he gets beat on D, swatted going to the hole, or turns it over in a desperate attempt to pass so as not to get swatted going to the hole.

To me Luke's overall presentation is just garbage. Yes he can pass OK, but any decent defensive minded team already knows to play him for the pass. He can barely walk at this point, much less do anything quickly or jump over a shoebox. Leave him on the bench, have him tutor the young kids in practice, but don't sell me that he's a worthy in-game contributor. It's at best a zero-sum gain, but usually a losing proposition.

And yes, we won the championship with Luke. And Morrison. And Powell. And Mbenga. So what? Keep bringing that up, it makes your points stronger each time you use it.

Is it so awful that I bleed the forum blue and gold and hate to see money wasted on Luke when it could be spent elsewhere on some actual talent?

Luke is here to stay...deal with it...

What are you going to do...open the window and yell...

"I mad as hell, and I'm not going to take it anymore..."

So what did that accomplish...How about trying to be positive and hope for the best...

Luke is a Laker...I support all Laker players...even Barnes who I hate...

That's just the way I roll...enough said...

Lakers Dynasty - The Next Generation...

#17 Coming Up...

I think the team, overall, would be better off without Luke AND the his contract. I'm pretty sure Mitch and Dr. Buss would dump it if they could.

Posted by: htj | October 19, 2010 at 05:51 PM
=====

Well, we had a 6 million dollar player wearing street clothes in the playoffs last season, so if Phil Jackson feels that Luke can't play effectively anymore, Luke will be wearing street clothes, too. Luke may not even make it through the season physically, which would force him to retire. The Lakers would be stuck with his salary this season and then Luke's insurance policy would kick in for the balance of his contract and he would be off the books for next season. I'm sure that's what all the unappreciative bashers are hoping for.

Houston Laker -

Try these:

http://atdhe.net/

http://www.firstrow.net/

For game streams...I'm with you...no KCAL here...and it should be on FSW, for we are the home team...

Lakers Dynasty - The Next Generation...

#17 Coming Up!!!

What exactly is Magic up to?
-
What do we play for? RINGS!!!
-
Lakers Today... Lakers Tomorrrow... Lakers Forever.
-
GO LAKERS!!!

MVP888-

When did I ever say I was enamored with Barnes? He's certainly an upgrade physically over Luke, but who knows if he picks up the triangle to garner any serious run from PJ.

And you always bring up the championships, and just give that noise a rest already. There are scrubs on every championship squad just not many of them have 6 year, 30+ million dollar deals. And having Luke on Pierce in the '08 finaly certainly didn't hurt Pierce's killing us night in, night out.

Posted by: htj | October 19, 2010 at 06:14 PM
====

Re Barnes, I wasn't talking specifically about you. I apologize for not being clear about that.

Buzz Kill Radmanovic was more our problem than Luke because he was the starting small forward, but the absence of Bynum was the main reason we were never going to win that series against the Chowds in '08. I'm sure you're not blaming Luke for losing that series.

I will NEVER give championships a rest! What do we play for? Rings. Once we hoisted the Larry O'Brien Trophy for the second consecutive season, nothing but appreciation should be shown for our players. And you should be right behind me on that.

Savor the bling.


htj: The Luke contract has become the only albatross around Mitch's neck - since Sasha's expiring one is now a trade-able commodity. I think that even those that side with Luke can see that $5-million a year for a player that regrettably is largely injured is not a good thing, especially when there is 3 years left on his deal.

You made a very good point in saying that Luke is an overeager passer, that is true a lot. That is also the biggest fault that I personally have with his game, he needs to do more to keep defenders honest and keep them on him. There was a time when he was really doing well with his shooting, but that is several years ago as I recall. It's been sporadic since then, probably since it's hard to get into a rhythm when you only play short periods of time before re-injuring yourself.

Everyone can agree that the Lakers are 'stuck' with Luke for the foreseeable future - no team wants damaged goods. In hindsight, I'm sure Mitch would have done things differently.

However, Luke is a terrific character guy, was never brought in for his athleticism, but for his heady, smart play. He fulfilled a role as spot-starter or facilitator on the 2nd team very well, and barring injuries he'd be in the regular rotation. He's just a nice 5th man on the floor to have, a glue guy.

I recognize he's not an all-star. He's a lot closer to the end of the bench than the top of it. He's a guy that at this point in his career will probably only be seeing second team minutes when healthy. But - lack of athleticism and scoring ability aside - when he is in the game the offense usually does run more effectively and guys seem to really like to play with him.

I appreciate that you are making smart and level headed arguments though, and making sense.

I'm sure that we all can agree that he is a quality person and hopefully can remain healthy.


GO LAKERS!!!!!

LEWSTRS: I hope that phred gets enough people to start a 2nd league, I'm excited since I've never been involved with a fantasy league. Join up! Look at it this way, you'll have twice the chance of winning in 2 leagues than one... =)


GO LAKERS!!!!!

maybe magic is clearing room so he can a part of a group with an interest in purchasing the dodgers....

The way I see it, there's two possibilities...
Magic is currently in negotiations on a very large acquisition - and very far along in the process, as in only needing to fund

or

He's pessimistic about the future value of his holdings. For example, he may believe cap rates will go up or Starbucks will be closing more of their stores down the road. The problem with this hypothesis is that it does not explain liquidating his ownership in the Lakers

It would be great if Magic were to buy the Dodgers, but somehow it doesn't seem possible.

MAYBE HE IS GETTING CASH TOGETHER TO PURCHASE THE DODGERS!!!

I can dream can't I?

I am so jealous that he was allowed to get in on Starbucks early on and up until the going was good. I think it's smart of him to sell now.

Dodgers will probably be going up for sale soon

STONER THOUGHT... how bout buying the dodgers from THEM?

No one said Earvin "Magic " Johnson was buying anything.
He is probably smart enough to sell before the hilariously
large U.S. deficit drags the worthless U.S. Fiat currency
down the drain.

Magic is putting himself in position to head up a group of investors to purchase the Dodgers. Maybe. Check it out.

Cmon Magic... By the Dodgers!!!!

Magic wants to get an NFL team here in LA. He has been successful on bothe NBA and Commercial business, so I think that he is trying to get an NFL Team here in LA. I hope he does.

The article states the Detroit Pistons have been sold. Not true! Mike Illitch has 15 days left on a 30 day exclusive offer to buy the Pistons. But an article came out in yesterdays Crains Detroit, that Illitch is trying to build casinos on Long Island, NY and may have too much debt to pull off the Pistons deal. Just speculation, but maybe Magic is teaming up with Illitch or maybe Tom Gores to buy the team

I hope these financial decisions are not because of health issues for Magic. He is an HIV survivor. Hoping for the best.

Unlike others.....Johnson could be looking to purchasing something bigger...but on the flip side: he's most likely paying down his debts.

1) the man has HIV...and those aren't cheap.
2) starbucks? well, those 105 locations are in the ghetto and are losing money.
3) Selling the lakers is interesting, but he does need alot of money...like most "ballers" who can't manage their money after sports.

I believe I've stumbled upon the true laker fans! Hi everyone!!

Luke sucks. stop acting like he doesn't. he is injury-prone, which hurts the team. BUT he has had some great moments. I only read halfway down cause I have to work, but did anyone mention his standout performance against the Pistons in 2004 Finals? Were it not for Luke, the Lakers would have been swept. To show that kind of potential in what I believe was his second season, under intense pressure, was amazing. Since that time, he has been a disappointment. I say trade him for whatever we can get. A second round pick? whatever.

Magic is a sellout. You don't sell interest in the Lakers. You jsut don't period. I loved him as a player, but he is challenging me increasingly to reevaluate. Let's face it, the whole aids thing was sad from Magic's perspective, but as a Laker fan, it hurt the team. I thought he actually quit too early as a coach. His talk show was an embarrasment. His comments about Laker players often sounds like he never lost a game or had a bad night. I would have tolerated all of that until he sold his 4.5% Unforgiveable.

GO LAKERS!!

PS I don't want BShaw as my head coach next year. I want Byron Scott.

Would Bud the Slug Selig accept Magic as the new Dodgers owner? (He'd better.) Will Magic become the most important factor in the franchise's early 21st century existence, as he was for the Lakers in the 2 decades he played for them? LA would elect him God if he did.

Or is he priming to own the Pistons? Or divesting to prepare his estate? I vote he saves LA, in hope.

I'm very excited about this...

LA and So Cal get ready for the Los Angeles Jaguars of the National Football League!

Or the Los Angeles Magic, perhaps?


I think if he sells the Fatburgers and Movie Complexes too then we're likely due for a huge announcement / press conference in the near future.


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