
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.

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

Couple reunites after 60 years apart
A Russian couple were reunited after being separated for 60 years. They were married for 3 days when the husband left to join the Red Army. They were unable to find each other until 60 years later when they randomly visited their hometown on the same day.

'Super obedient' lookout parrot trained by Brazilian drug dealers is seized by police
In 2019, police in Brazil seized a 'super obedient' lookout parrot trained by drug dealers. According to reports, the bird had been taught to alert criminals to police operations by shouting: "Mum, the police!" As soon as the police got close, he started shouting.

Why Is the N Lowercase in 7-Eleven?
7-ELEVEN is thought to have a lowercase "n" in its logo because the company president's wife believed that a logo with all caps would seem harsh, while a lowercase "n" would make it more graceful.

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.

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.

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

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.

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.

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.

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.

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.

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.

Longest burning light bulb, The centennial light bulb in livermore, California
The world's longest lasting light bulb holds the Guinness World Record, and has been illuminating local fire stations in Livermore, California since 1901, the year Queen Victoria died.

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.

The Inspiring Journey of Francis Tsai, Marvel Comics artist diagnosed with ALS
Francis Tsai, an American illustrator and conceptual artist who worked for Marvel Comics, was diagnosed with ALS in 2010. After he lost the ability to move his hands and arms, he started painting digitally on his cellphone with his right big toe. After he could not move his feet anymore, he began using eye-gaze technology to keep drawing.

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.

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.

Billy Ray Harris: A Story of Kindness and Honesty
In 2013, a homeless man named Billy Ray Harris discovered a $4,000 engagement ring in this cup. A woman had dropped while giving him some change. He returned the ring to her two days later. To thank him for his honesty, she set up a fund with the goal of raising $4,000 for him. It earned more than $185,000.

How hero parrot saved little girl who was choking on her breakfast
In 2008 Quaker parrot Willie alerted his owner Megan Howard when the little girl she was babysitting began to choke. Howard was in the bathroom when the parrot repeatedly yelled "Mama! Baby!" flapping his wings. Megan rushed and performed the Heimlich maneuver, saving her life. Willie received the Red Cross Animal Lifesaver Award.

ILOVEYOU Virus, the worst computer virus of all time
The ILOVEYOU Virus, also known as Love Letter for You or Love Bug, had a high infection rate due to its ability to spread itself by copying entries from users' email address books. It is a virus that was created in 2000 by a college student in Manilla, Philippines, and was recognized by the Guinness Book of World Records as the worst computer virus of all time, causing more damage than anything before it.

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.

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 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.