
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.

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.

Missing Masterpiece Discovered in the Background of ‘Stuart Little’
In 2009, Gergely Barki, an art historian, was watching the film Stuart Little (1999) when he spotted an original long-lost painting used as a prop. Called Sleeping Lady with Black Vase, this painting was the work of Hungarian avant-garde painter Róbert Berény. The painting had been considered lost after World War II.

Man Trapped in the Sahara Desert Constructs a Bike From His Broken-Down Car to Save His Life
A man who became lost in the desert disassembled his broken-down car and turned it into a functional motorcycle, which he used to escape.

A story of a man Survived Inside Sunken Ship For Three Days
A man survived a sunken ship for nearly three days, 279 feet underwater and in complete darkness, while listening to fish eat the bodies of his shipmates.

Toddler Calls 911 Accidentally and Saves Dad's Life
A father from Florida collapsed on the floor during a medical episode. Fortunately, his toddler son dialed 911 by accident and saved his life. An officer from the Hernando County Sheriff's Office arrived quickly and administered first aid before transporting him to a nearby hospital.

Self-taught William Kamkwamba built a windmill for his town
A Malawian teenager who taught himself how to build a windmill out of junk and bring power to his village. He then went on to build a second, larger windmill to power irrigation pumps. He did this all from books he read in the library.

Elvita Adams jumps from the Empire State Building and amazingly survived
Elvita Adams once tried to commit suicide by jumping off the empire state building. She Jumped from the 86th floor but was blown back to 85th floor by a strong gust of wind.

Mystery of 300-year-old mummified mermaid is being probed
There is a 300-year-old mummified mermaid with 30 centimetres tall and features a human-like head, two hands with what appear to be fingernails, and its lower body that look like a fish tail. The “mermaid mummy” is being probed by Japanese scientists in an attempt to unravel the mystery of its existence.

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.

Frank Lentini, The Three-Legged Sideshow Performer
Francesco Lentini was a man with three legs, four feet, sixteen toes, and two sets of functional male genitals. He worked for the circus and lived to be 78 years old.

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.

A man who has been suffering from headaches for nearly six months discovers chopsticks lodged in his brain
When it was discovered that a Vietnamese man with headaches and vision problems had chopsticks lodged in his brain, the doctors were almost as surprised as the man himself.

A man who was saved from committing suicide 16 years ago now assists people dealing with mental health issues
Kevin Berthia traveled to the Golden Gate Bridge in 2005 to commit suicide. He ended up spending 92 minutes on the edge of the bridge talking to officer Kevin Briggs about his life. In much better circumstances, they cross paths at the same bridge ten years later.

The rescuing hug - the touching story of twins Brielle and Kyrie Jackson
Brielle and Kyrie Jackson’s lifesaving hug was captured when Brielle was struggling to breathe and going blue. As a final option, the nurse deviated from protocol and placed them in the same incubator. Kyrie wrapped her arm around her sister, who immediately began to stabilize

Man's Blood Helped Save Millions of Babies
Australian blood donor James Harrison has been one of our most impressive and valued donors, having donated for 60 years. Know his story, how he was a pioneer of our Anti-D program, and why this matters.

Restaurant owner offers burglar a job rather than filing charges
On April 13, 2021, Diablo’s Southwest Grill was robbed, but instead of pressing charges, owner Carl Wallace decided to offer the burglar a job in his business and said “There are better opportunities out there than this path you’ve chosen,”.

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

'Press Your Luck' Was Hacked in 1984 by an Ice Cream Man
in 1984 an contestant made it onto the game show Press Your Luck. He discovered using his stop-motion VCR that the presumed random patterns of the game board were not random and memorized the sequences. On the game he was on, he won 45 consecutive spins. winning $110,237 in cash & prizes.

Unique Dining table with a hole for your cat to peek and join you dinner.
Dinos, a Japanese internet shop, has launched a new range of cat furniture, which includes this oak table with a hole in the middle and a perch underneath. It places your cat companion in the center of the table, making your cat the main focus of your meal, as it should be, because cats are the true proprietors of “your” home.

Tourist in China left hanging from 330-ft-high glass bridge as wind blows away its panels
The popular tourist attraction glass-bottomed bridge was shattered after a strong wind blew away its panels. A Chinese tourist was left stranded in strong winds 330 feet up on a glass-bottomed bridge.

New York installs first offshore wind turbine to power 70,000 homes
New York State has achieved a historic milestone in its clean energy transition by installing the first wind turbine at its first offshore wind farm, South Fork Win.

Who invented the three-point seat belt?
While employed by Volvo in 1959, Swidish engineer Nils Bohlin created the three-point safety belt. Volvo first had the design patented, but soon as they discovered its importance as a new safety measure, they made the patent open to everyone. Millions of lives were genuinely spared by Volvo’s gift to the world.

Oreo builds asteroid-proof bunker to protect its cookies and recipes
In October 2020, Oreo builds a concrete bunker in Svalbard, Norway, to protect their recipes in case of an asteroid impact. The vault also contains Oreos wrapped in Mylar and vials of milk powder.

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