Los Angeles Lakers

Magic Johnson Sells Starbucks Shares

Magic Johnson has sold his 50% stake in 100 urban Starbucks stores less than a week after selling his 5% stake in his former team, the Los Angeles Lakers.

The Economic Impact of NBA's LeBron James

In addition to the sporting issues involved in the fervent courting of LeBron James lies a less emotional, more pragmatic reason for why bigwigs like New York's Mayor Bloomberg care so much: cold, hard cash.