
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.

Water park in japan, ocean dome: Largest indoor water park in the world
The Seagaia Ocean Dome, located in Miyazaki, Japan, was the biggest indoor waterpark in the world. An "Ocean" six times the size of an Olympic pool, filled with 13,500 tons of unsalted, chlorinated water kept heated at 28 degrees Celsius and recognized as the largest simulated pool by the Guinness Book of World Records, measures 12,000 square meters of the sandy beach made from 600 tons of stone.

Kipekee, the world's only spotless giraffe, was born at Brights Zoo
The world's only spotless giraffe was born at a zoo in the United States. The giraffe born without spots on July 31 is the only one of her kind on Earth.

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.

Paramedic Rescues Doctor Who Saved Him 30 Years Earlier
In 1981, a doctor helped save the life of a 3.2 pounds premature baby boy. Thirty years later, the boy, who had grown up to be a firefighter-paramedic, helped in saving the same doctor from a car accident.

Before Hollywood, Christopher Walken Was a Teenage Lion Tamer with a Lioness Named Sheba
Before acting, Christopher Walken worked as a lion tamer in a circus at age 16. He performed with a lioness named Sheba and described the job as surprisingly calm—just another day before Hollywood stardom.

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.

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.

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 world’s longest flight spent more than two months in the air
Roberts Timm and Jim Cook, two pilots, flew an aircraft for more than two months without landing in 1958. Matching the speed of a truck moving down the road to refuel. A mattress for sleeping, a small steel sink for personal hygiene, the removal of most interior fittings to reduce weight, and a basic autopilot were among the improvements.

A three-year-old boy discovers a $4 million pendant in England
A $4 million 16th-century gold pendant was discovered in 2010 by a three-year-old boy using his father's metal detector.

The fearless Annie Lee Cooper
Annie Lee Cooper was fired in 1963 after attempting to register to vote. She attempted it once more in 1965, but the sheriff ordered her to leave after prodding her in the neck with a club. She then punched him, causing him to fall to the ground. She was imprisoned before ultimately registering to vote. Following the passage of the Voting Rights Act, the sheriff was ousted and subsequently imprisoned for collaborating to transport drugs, but Annie Lee Cooper lived to reach 100 years old and bears her name to this day.

'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.

This whale tail sculpture saved a train that went off the rails
A train in the Netherlands failed to stop in time and broke through the emergency barrier. It's being held up by the statue of a whale's tail.

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.

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.

Abraham Crijnssen – The Ship That Disguised Itself As An Island
During World War II a Dutch minesweeper evaded the Japanese for eight days disguised as an island. The crew covered the decks in cut trees and painted exposed surfaces to look like rocks. They moved only at night and anchored closed to shore by day, eventually escaping to Australia.

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,”.

Before "The Rock," There Was "Rocky Maivia"
Dwayne “The Rock” Johnson’s first WWF persona was Rocky Maivia, a face (good guy). The audience rejected him due to his cheesy character, with chants of “Die, Rocky, die!”. After this, he became a heel (villain), referring to himself in the third person as “The Rock” and insulting the audience.

Beyoncé and Jay-Z's Hospital Security Blocked NICU Access for Father of Premature Twins
A father was denied access to see his premature twins in the NICU when Beyonce and Jay-Z had their daughter at the same time.

The accidentally discovery of Riace bronzes
Stefano Mariottini was snorkeling off the coast of Monasterace near Riace in 1972 when he noticed a human hand sticking out of the sand and called the police, thinking it was a corpse. It was actually two statues of "Warriors from Riace" - 5th century BC Greek bronze statues.

Troy Leon Gregg: the death row inmate murdered the same night he escaped
In July 1980, Troy Leon Gregg escaped from Georgia State Prison the night before his execution. However, he was killed in a fight in a bar just a few hours later.

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.

Kenyan Innovator Creates Smart Gloves That Translate Sign Language Into Audible Speech
In 2023, a Kenyan inventor Roy Allela invented smart gloves that can convert sign language movements into audio speech, for his six years old niece who was born deaf.

Leo Grand: from homeless to mobile app developer
In 2013, A young programmer offered a homeless man the choice between $100 cash or coding lessons. Leo Grand chose the lessons, and his first mobile app was “Trees for Cars," which helps drivers find carpooling partners.

A Pilot Survived 20 Minutes Outside A Flying Jet
In 1990, the captain of flight 5390 Timothy Lancaster got sucked out of his own plane when the window of the plane fell off. The crew held the captain’s leg for 30 minutes while the plane performed emergency landing. Everyone survived.