Magic Johnson envisions Sports Empire

By Sports Authority
JR Staff Writer

Ever since he retired from basketball, Magic Johnson went into the world of business. Johnson owns all kinds of businesses, but sports remain his true passion. No matter how rich he is, he still attends Laker games when he can and he even commentates some games.

Magic Johnson is now in his 50s and he feels like going back to his roots. The former NBA star is working hard in an effort to get an NFL team back in Los Angeles. Outside of his NFL aspirations, Magic Johnson has been checking in on the Detroit Pistons.

The former championship contending team is currently up for sale. As a native of Michigan and being very wealthy, naturally, Johnson was interested in buying the team. If things go well, Magic Johnson will be the owner of the Pistons. But, it appears as if the team does not want to sell to him. For many years, Johnson has been a part-owner of the Los Angeles Lakers.

While Magic Johnson doubts he will ever own the Detroit Pistons, he is confident that he will end up being the owner of some NBA team. Magic Johnson does not know if he will be the majority owner of any team, but he knows he will have an ownership role in teams of many professional sports leagues.

Read more...

Ron Artest launches Record Label with SMC

By Mr. Hollywood
JR Staff Writer

Ever since he has been in the NBA, Ron Artest has been in love with the music industry. After the incident with the Detroit Pistons, the troubled star recorded a rap album. Artest had planned to release the album through his own label. But, for unknown reasons, the album never came out.

Despite his rap album never coming out, Ron Artest remained positive. Instead, he focused on reparing his image after leaving the Indiana Pacers and playing for a few different teams. Last summer, Artest joined the Los Angeles Lakers and won his first championship.

Now, everything is looking good for Ron Artest and he decided to give his dream one more chance. With the help of SMC Recordings, Ron Artest created Artest Media Group. The label will officially launch with a full roster of artists early next year. In the meantime, Ron Artest is focusing on building exposure for the new venture.

SMC Recordings already has artists such as Rakim signed to the label. Adding Ron Artest to the mix only builds upon their exposure. Due to the history of the San Francisco-based label, Ron Artest is also very happy with the new deal.

Read more...