LOS ANGELES -- Following a disappointing season, Magic Johnson announced he is stepping down as president of the Los Angeles Lakers. Johnson, who won five titles as a player with the team, was ...

Add Yahoo as a preferred source to see more of our stories on Google. Magic Johnson announced his resignation as Los Angeles Lakers president of basketball operations Tuesday night at an impromptu ...

Magic Johnson juggles a lot of balls in his life: family, a far-reaching business empire worth an estimated $700 million, charity work including HIV activism, being a spokesman for the NBA on some ...

Magic Johnson’s time with the Los Angeles Lakers is done. Johnson abruptly stepped down as the organization’s president of basketball operations on Tuesday night, less than two hours before the Lakers ...

In a stunning and impromptu 40-minute news conference before the Los Angeles Lakers’ season finale against the Portland Trail Blazers, Magic Johnson announced he was stepping down from his role as the ...