Wednesday, August 20, 2025

Magic Johnson’s $7.5 Million Tradition Kept Him Occupied During Jeanie Buss’ Sale Of Lakers 

Magic Johnson has always been synonymous with the Los Angeles Lakers. From his dazzling on-court performances as part of the legendary “Showtime” era in the 1980s to his current role as a part-owner of the team, Magic’s connection to the purple and gold runs deep. However, as the Lakers recently underwent a major ownership shake-up, Magic was nowhere to be found in Los Angeles. Instead, he was out on a boat, enjoying one of his beloved traditions.

This wasn’t just any boat trip. It was a trip that cost Magic a whopping $7.5 million. But for Magic, this is a small price to pay for a tradition that he has been upholding for over two decades. And as the Lakers’ ownership changed hands, Magic continued to stick to his tradition, showing his unwavering dedication to the team he loves.

The tradition in question is Magic’s annual summer getaway on a luxurious yacht, which he has been taking since his retirement from basketball in 1996. Every year, Magic takes his family and friends on a lavish vacation on board his prized yacht, “S.S. Dream Catcher”. The yacht, which is 155 feet long and features six spacious cabins, is a true reflection of Magic’s larger-than-life personality and success.

But this year’s boat trip was extra special for Magic. As Lakers owner Jeanie Buss negotiated the sale of the team, Magic was on his yacht, celebrating his 60th birthday with his loved ones. Despite the major changes happening within the organization, Magic chose to stay true to his tradition and enjoy this special moment with his family and friends.

While some may see Magic’s absence during such a significant time for the Lakers as a cause for concern, it actually speaks volumes about his character. Magic’s loyalty and unwavering support for the team remain intact, and his decision to continue his annual boat trip shows that he has complete faith in the new ownership and their vision for the team.

Magic’s $7.5 million summer tradition is not just about extravagant vacations. It is a symbol of his connection to the Lakers and his deep-rooted love for the team. And despite his absence, Magic’s presence was still felt within the organization. His former teammate and Lakers legend, Kareem Abdul-Jabbar, commented on Magic’s dedication, saying, “He’s got his priorities right. He’s got his family, he’s got his business, and he’s got his Lakers. He knows how to juggle all of that.”

Magic’s boat trip also serves as a reminder of his successful transition from a star player to a successful businessman. In addition to being a part-owner of the Lakers, Magic also has a stake in other businesses, including movie theaters, restaurants, and even a minority stake in the Los Angeles Dodgers. This further emphasizes his commitment to building a strong legacy beyond his basketball career.

As the Lakers embark on a new era under new ownership, it is reassuring to know that Magic Johnson remains an integral part of the team. His dedication, loyalty, and unwavering support for the organization are unwavering, even from the deck of his luxurious yacht. And as the Lakers set their sights on future success, they can count on Magic to continue his tradition and be there to support them every step of the way.

In conclusion, Magic Johnson’s $7.5 million tradition of taking an annual summer vacation on a luxurious yacht speaks volumes about his character and his love for the Los Angeles Lakers. Despite the major ownership changes happening within the organization, Magic’s loyalty and dedication to the team remain unwavering. And as he continues to enjoy his well-deserved break, Lakers fans can rest assured that Magic will always have the team’s best interests at heart.

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