Magic Johnson seems to be more active than when he played in NBA

magic-johnsonDespite the fact that Magic Johnson has long retired from the NBA, he seems to be more active than ever.

The Michigan Land Bank Fast Track Authority voted unanimously this afternoon to transfer the defunct State Fairgrounds site in Detroit to a development team that includes Johnson.

The purchase price is listed as $4.65 million, but the board said that was the net present value of possible future payments should the project succeed rather than upfront cash.

The Magic Plus LLC team, which includes Southfield-based developer Redico, plans to build a combination of a movie theater, retail, residential and other mixed uses on the site near 8 Mile and Woodward.

On Monday, Johnson (part owner of the Los Angeles Dodgers) appeared on The Tonight Show with Jay Leno. After discussing the Dodgers’ pool celebration and his inability to swim, Magic was presented with a custom blue speedo that read “Dodgers” on the back and “Johnson” on the front.

Apparently this double entendre was about the funniest thing Magic Johnson had ever seen, and he responded by promising to wear the Speedo if the Dodgers win the World Series.

Earlier, on Sept. 24, Johnson hosted a special VIP Cocktail hour for 50 people at the 12th Annual Gala of Turning Point on the night of Tuesday, Sept. 24. at The Grove in Cedar Grove, NorthJersey reported.

At the event, Johnson also met with Verona resident and Board of Trustees member Lena Corbo.

Turning Point, with an office on Bloomfield Avenue in Verona, treats more than 2,700 men and women each year for alcohol and drug addiction at its state-of-the-art facility in northeastern New Jersey.

Johnson’s career achievements include three NBA MVP Awards, nine NBA Finals appearances, twelve All-Star games, and ten All-NBA First and Second Team nominations.

He led the league in regular-season assists four times, and is the NBA’s all-time leader in average assists per game, at 11.2. He played in 906 NBA games, holding career averages of 19.5 ppg, 11.2 apg and 7.2 rpg in 36.7 minutes per game.

Johnson was a member of the “Dream Team”, the U.S. basketball team that won the Olympic gold medal in 1992. He also is a 5-time NBA Champion.


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