
Years ago, Magic Johnson had the opportunity to become a billionaire, but early in his NBA career, he turned down a lucrative offer that was actually a disguised offer. The legendary basketball player recently confessed that he is still furious with himself for foolishly pursuing quick money when he had no concept of the long money game.
Johnson appeared on the “All The Smoke” podcast on Saturday (Jan. 14), and in a video that was shared on social media, he talked about his career both on and off the court. Johnson shot to fame after the Los Angeles Lakers selected him in the 1979 NBA Draft. The 6′ 9″ basketball star helped usher in the team’s “Showtime Era” alongside Kareem Abdul-Jabbar, James Worthy, Byron Scott, and others. Additionally, he did something no one else has ever done: he helped them win the NBA Championship in his rookie season. He was immediately in demand, and businesses flocked to him in an effort to sponsor him as an athlete.
The Naismith Basketball Hall of Fame inductee recalled, “Here I am just winning a national championship against Larry Bird, and three companies came in—Converse, Adidas, and Nike.” The three-time NBA MVP went on to say that Nike was only a few years old. Converse consequently made me the highest offer. As a result, you take the money when you’re poor.
The business tycoon previously disclosed that Converse offered him $100,000 for each year of his contract. However, he would not receive any cash up front as a result of Nike’s offer. He recalled that Phil Knight, a co-founder of Nike, entered the room and said, “Hey, I can’t offer you the same type of money, but I can offer you stock.” According to Cassius, Nike was prepared to give him $1 for each pair of shoes sold as well as 100,000 shares of the company’s stock. One share was worth about $0.18 back then, which is nothing in comparison to its current value of $128.85.
Johnson sighed in frustration, his hands on his head, and gritted his teeth. The retired legend remarked, “I wasn’t [trying to hear that] and I didn’t know nothin’ about it. “My family was not well off. When you don’t come from money, that is one thing that can hurt you. I didn’t even know what stocks were back then. I avoided the stocks as a result. Can you imagine what that stock would have been worth today in 45 years, $5 billion,” he continued.
He made light of the choice while on a promotional tour for his Apple TV docuseries, “They Call Me Magic,” last year. “Every time I consider that, it kills me. The wealthy businessman remarked, “Man, Michael Jordan would have been making me so much money. Johnson has still amassed a fortune through his various endeavors and has continued to be a prominent figure in the sports world, despite possibly missing out on a ton of money.

Smart guy brings life-sized cutout of his late mother to his graduation
Even though that his mother passed away in 2016, a young man had a clever idea to make a life-size cutout of her and bring it to the event so that she could attend his graduation ceremony.

A man joins a search operation without realizing he is the missing person
Beyhan Mutlu, a Turkish national, was reported missing by local media and unintentionally joined search teams looking for himself in a forest. He was drunk and lost in the woods when he ended up in a group with others looking for himself.

Baby Lynlee 'born twice' after life-saving tumour surgery
Baby Lynlee was "born twice." First, surgeons brought her out of the womb to remove a spinal tumor. After the successful surgery, she was placed back and born again as a healthy baby girl.

Mom hears son's heartbeat 3 years after his death when she meets organ recipient
She agreed to donate her son's organs after his sudden death in June 2013 at the age of 7 months. The grieving mother was able to listen to her late son’s heart beating inside the little girl who received the organ after his death.

Inspiring story of Emma Schols who Saved Her Six Kids From A Burning House
Emma Schols, a Swedish mother, saved all six of her children from a devastating house fire in 2019, running from room to room through flames while bleeding and losing skin. Against all odds, she survived with severe burns covering 90% of her body.

Story of Forrest Fenn and who he hid a bronze chest treasure full of gold and other jewels
Forrest Fenn, an art dealer, hid a bronze chest full of gold and other jewels somewhere in the Rocky Mountains ten years ago. In a poem, he hinted at its location. Thousands of people tried and failed to find the treasure, which is said to be worth over a million dollars, and at least four people died in the process. In June 2020, the Fenn treasure was discovered.

Woman survives skydiving accident, discovers she's pregnant
2005, a woman performing her first solo skydive jump survived a parachute malfunction which caused her to slam face first into a parking lot at 50 MPH. During surgery doctors discovered she was pregnant. She made a full recovery and the baby was fine.

chand baori stepwell in Rajasthan India, Ancient cooling technique
This Chand Baori stepwell in Rajasthan, India is over 1200 years old. It’s called Chand Baori. The air at the bottom of the well is 5-6 degrees cooler than at the surface, so in addition to being a water source, it was used as a community gathering place where locals could escape the heat.

Whang-od Oggay, The legendary tattoo artist from the Philippines
This is Whang-od Oggay, a 106-year-old tattoo artist from the Philippines. She is often described as the last and oldest Kalinga tattoo artist, and has been performing the traditional art of hand-tapped tattoos since the age of 15

From Ocean Trash to Trendy Kicks: Adidas Sells 1 Million Eco-Friendly Shoes Made from Plastic Bottles
Adidas has sold over 1 million eco-friendly shoes made from ocean plastic. Each pair reuses the equivalent of 11 plastic bottles

Lafayette pizza delivery driver who saved 5 from burning house
Nicholas Bostic a 25-year-old pizza delivery man from Lafayette, Indiana, ran into a burning house to rescue four children, who told him there is one more inside. He ran back inside, he found the six-year-old girl, jumped out of a window, carried her to a cop who captured the moment on his bodycam.

Hyperinflation of the Zimbabwe dollar turning phasing out their local money in 2015
Hyperinflation of the Zimbabwe dollar made it one of the lowest valued currencies in the world. So the country abandoned it in 2009, and switched to using foreign money. In 2015, to complete the process of phasing out their local money, the government offered to exchange it at a rate of one US dollar for 35 quadrillion Zimbabwean dollars.

The Crystal Maiden of the Actun Tunichil Muknal Cave
Located in Belize, there is a cave where the remnants of ancient Maya human sacrifices can be witnessed. However, reaching the back of the cave system requires swimming, wading through a cave river, and crawling through narrow, uneven rocky passages in darkness. Once there, visitors can walk among the numerous corpses of sacrifice victims, including The Crystal Maiden, an 18-year-old whose skeleton has become calcified to the point of sparkling.

People are freaked out because they keep finding 'help me' messages under the cap of Sobe bottles
With their bottle caps that said, "Help me, I'm trapped in SoBe factory," SoBe Beverage discovered the hard way that forced labor is serious business. This is an example of when humor can be overdone.

China Weather Control on 2008 Olympics with missile
One thing is certain: when it comes to ensuring nice weather for the world's largest party, the Chinese cannot be accused of being subtle. The Chinese government authorized the use of 1,104 cloud seeding missile launches from 4:00-11:39 p.m. on Friday night to reduce the possibility of rain ahead of the 29th Olympic opening ceremony in Beijing

The actions of a 7-year-old girl protected her mother from bullets
A 7-year-old girl jumped in front of her mother to save her from a man who was attempting to kill her in 2007. She was shot six times and survived, as well as saving her mother.

A woman who had been lost since she was a newborn 51 years ago was said to have been spotted
A woman who had been lost since she was a newborn for 51 years was reported to have been sighted.

The Man Who Kept a “Gold” Rock for Years—Only to Discover It Was a 4.6-Billion-Year-Old Meteorite Worth a Fortune
A man cherished a heavy 17-kilogram rock for years, believing it to be solid gold. The surprising twist? Experts later revealed it was a rare, 4.6-billion-year-old iron meteorite—an ancient cosmic relic worth far more than gold. Dive into the fascinating story of this celestial treasure and what makes it so valuable.

Timothy Ray Brown, who inspired millions of HIV-positive people, died of leukemia
Timothy Ray Brown, also known as "The Berlin Patient," was the first person to be HIV-free. He was diagnosed with leukemia in 2006 and had a bone marrow transplant in 2007 as part of his treatment. The transplant helped him overcome the otherwise incurable disease thanks to the rare, HIV-resistant donor.

Drive-Thru Weddings in Las Vegas: The Ultimate Fast, Fun, and Legal Way to Say “I Do”
Inspired by fast food convenience, Las Vegas offers drive-thru weddings where couples can legally marry in under 5 minutes—without leaving their car. Some chapels even offer curbside Elvis impersonators and 24/7 ceremonies, complete with “to-go” marriage licenses.

Woman had no idea she had an identical twin until she saw a 'lookalike' on YouTube
When Anais Bordier saw a YouTube video of Samantha Futerman, who looked exactly like her, she messaged her on Facebook and discovered they were both adopted and born on the same day. They were identical twins who had been separated at birth and had found each other by chance and on social media.

A flight attendant uses a secret note to save a teen girl from sex trafficking
The flight attendant Shelia Fredrick. She spotted a distressed girl with an older man. She left a note in the restroom on which the victim wrote that she needed some help. The girl was rescued from a human trafficker after the authorities were informed.

Smart girl saves her family more than 100 people in 2004 tsunami
In 2004, a 10-year-old girl saved her family and 100 other tourists from the Asian tsunami because she had learned about the giant waves in a geography lesson, it has emerged.

The Terrifying Mount St. Helens Eruption is Captured by the Robert Landsburg Photographs
Robert Landsburg, a photographer who upon realisation that he is going to die in the mount St. Helens eruption of 1980 lay down on top if his equipment to preserve the photographs he had taken of the events. Landsburg‘s body was found 17 days later, buried in ash with his film intact.

How Being Bugs Bunny Helped This Voice Actor Out of Coma
Mel Blanc; the voice of Bugs Bunny, had been in a serious car accident that put him in a coma. After many unsuccessful attempts to get him to talk, a doctor asked “Bugs, can you hear me” Mel responded in the voice of bugs bunny, “Whats up, Doc? The doctors used this to lead him out of his coma.