
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.

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.

LEGO Braille Bricks: Revolutionizing Braille Learning Through Play and Inclusion
go Braille Bricks were launched in 2020 to help visually impaired children learn Braille through play. Each brick features the Braille alphabet and is fully compatible with standard Lego sets, allowing sighted peers to join in, fostering inclusivity and collaboration in learning environments.

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.

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.

Megamouth Shark And Her Babies Found Dead In The Philippines
Filipino zoologists have recorded a pregnant megamouth shark for the first time ever since the rare aquatic specie was discovered in 1974.

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.

Passenger with No Flying Experience Lands Plane in Florida: A Real-Life Aviation Miracle
A passenger with no flying experience landed a twin-engine plane in Florida after the pilot died mid-flight. With guidance from air traffic control, he safely touched down—a real-life aviation miracle caught on radar and radio.

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.

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

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.

24-year-old burglar beaten by retired boxer victim
A 24-year-old knife-wielding burglar attempted to get into the home of a 72-year-old senior in Oxford, England, in 2009, but was left battered, bruised, and pinned to the ground. Frank Corti, the elderly, turned out to be a former boxing champion.

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.

Neerja Bhanot, the braveheart flight attendant was never run away from a crisis
Neeja Bhanot, a 22 year old Indian flight attendant who helped hides 41 American passports aboard a hijacked plane. She died shielding three children from gunfire and was posthumously awarded bravery medals from India, Pakistan, and the United States.

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.

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.

Aitzaz Hasan, Pakistani school boy who sacrificed his life from suicide bomber
Aitzaz Hasan, a 15 year old Pakistani school boy, sacrificed his life while preventing a suicide bomber from entering his school of 2000 students. His father said "My son made his mother cry but saved hundreds of mothers from crying for their children."

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.

A little girl survived a 1-hour submersion in freezing creek water
On June 10, 1986, two-and-a-half-year-old Michelle Funk fell into an icy creek and was submerged for 66 minutes. When rescuers pulled her out of the water, she was not breathing, had no pulse, and appeared lifeless. The doctors used various techniques to rewarm her blood and bring her back to life. She was successfully resuscitated and went on to lead a healthy life.

A subway in Chongqing passes through a building (images)
A train has been constructed through an apartment complex in Chongqing, China. The 19-story residential structure is not only passed by the light rail passenger train, but it also serves as a transit stop. Apartment residents can simply get a ride from the sixth to eighth levels.

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.

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 WWII Parachute Wedding Dress
Major Claude Hensinger jumped out of a B-29 bomber during World War II when the engine caught fire. He was saved by his parachute. Later, he requested that his fiancée Ruth make him a gown out of the same parachute. The dress is now on display at the Smithsonian Institute.

Morgan’s Wonderland, the world’s first ultra-accessible amusement park
Gordon Hartman was heartbroken when his special needs daughter, Morgan, was rejected by a group of children playing by the hotel poolside. He then set out to build a place where all children can play together. This led to the development of the world’s first ultra-accessible amusement park, Morgan’s Wonderland