
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.

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.

Photos: This man sold everything 45 years ago to buy a bike and travel 6,000 miles from India to Sweden to see his love.
An Indian man traveled from India to Sweden on a bicycle to meet his Swedish wife in 1978. The journey took him 4 months and through eight countries.

JBJ Soul Kitchen: Bon Jovi's community restaurant
JBJ Soul Kitchen is a community restaurant by Jon Bon Jovi with no prices on the menu; customers donate to pay for their meals. If you are unable to donate you may do volunteer work in exchange for your family’s meal.

The beauty and uniqueness of Fukang Meteorite
This Fukang meteorite is around 4.5 billion years old and weighs more than 2,000 pounds. It was discovered in China in 2014 and is assumed to have formed when our solar system initially formed.

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.

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.

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.

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

The Man Who Survived Falling Through a Thunderstorm, William Rankin
William Rankin was a fighter pilot who survived an ejection into a thunderstorm. He suffered frostbite, violent wind and lightning, severe decompression, and nearly drowned from breathing in rain water. He was in the cloud for over 40 minutes in total.

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.

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,”.

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.

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.

Man uses first-class ticket to eat for free at airport's VIP lounge for almost a year
A Chinese man purchased a First Class Ticket, which included admission to a VIP Lounge with free food. Over the course of a year, he rescheduled over 300 times in order to receive over 300 free dinners. When questioned, it was discovered that he is rescheduling his reservation to another date after eating. He eventually cancelled the ticket and got a full refund.

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.

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.

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.

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.

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.

A U.S. Submarine Collides with a Japanese Fishing Ship in 2001
In 1998, 14-year-old Michael Crowe was charged with the murder of his sister. The police started targeting him after he seemed “distant and preoccupied” when his sister’s body was discovered, and during interrogation, police coercion led him to make a false confession. He was later declared factually innocent and the family won a lawsuit of $7.25 million in 2011.

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.

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.

Max Headroom Incident: America’s Creepiest TV Hack
In 1987 a man hijacked a television station during an episode of Dr. Who and wore a Max Headroom mask and uttered nonsense, and he still hasn’t been caught

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.