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Sports Illustrated
Sports Illustrated
Sport
Mike McDaniel

THE TRUTH ABOUT: Report magic johnson wants to buy stake in raiders - Caught on Camera

Magic Johnson Raiders NBA

NBA legend Magic Johnson is interested in buying a stake of the Raiders, according to a report from Semafor.

The ownership stake that Johnson is pursuing would reportedly set a record valuation for the sports franchise. Johnson is leading a group that’s seeking a minority stake in the Raiders. 

For context, owner Mark Davis received an offer for a minority stake in the team that placed the enterprise value of the full Las Vegas franchise at $6.5 billion, Forbes reported in August.

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