Magic Johnson joining bid for Denver Broncos: NBA legend teams up with 76ers co-owner to try and purchase team


Magic Johnson made jaw-dropping helps appearance regular throughout his famous profession with the Lakers. Now, the Hall of Fame point player is aiming to do so in regards to sports ownership. Johnson has actually partnered with Philadelphia 76ers co-owner Josh Harris to bid for the Denver Broncos, according to Sportico. The Bowlen household, which owned the Broncos for 38 years, put the collaborate for sale previously this offseason. 

Johnson, 62, is presently a part-owner of MLB’s Los Angeles Dodgers and the WNBA’s Los Angeles Sparks. Under Johnson’s watch, the Dodgers ended their 30-plus-year World Series title dry spell in 2020. Four years previously, Johnson enjoyed as the Sparks caught their 3rd champion and initially because 2002. Johnson likewise just recently invested 2 years as the Lakers’ president of basketball operations; he assisted hire LeBron James to the Lakers prior to the group caught an NBA title in 2020. 

Last August, Forbes valued the Broncos at $3.75 billion, which indicates the franchise might extremely well cost north of $4 billion. 

“Selling an NFL team is a complex process involving numerous parties and league approval procedures,” Broncos president and CEO Joe Ellis stated in a declaration previously this offseason. “Nonetheless, the trustees hope to have the sale completed by the start of the 2022 NFL season. The Broncos are a special franchise that is part of the fabric of this region, and whoever emerges as the new owner will certainly understand what the team means to our great fans and this community.”

Along with the approaching sale of the franchise, the Broncos have actually had a hectic offseason. The group altered head coaches, generating previous Packers offending organizer Nathaniel Hackett. Denver then managed among the offseason’s greatest trades with the acquisition of quarterback Russell Wilson, who assisted lead the Seahawks to the franchise’s very first Super Bowl title in 2013. 

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