Sports

Magic Johnson sells his Starbucks too

A day after selling his 4.5% share of the Lakers to L.A. billionaire Patrick Soon-Shiong, Magic Johnson reportedly has divested his interest in 105 Starbucks franchises. Together the deals are worth about $100 million, the L.A. Times says, adding that they are more about positioning Johnson for a major acquisition in the sports realm than because of any financial problems.


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