Magic Johnson’s Role Clarified Amid Lakers’ $10 Billion Era [A5S8M48qYl6]

The "Showtime" reunion in the front office is officially on ice. 🧊🏀 As of February 26, 2026, the Los Angeles Lakers are entering a massive transition period under new majority owner Mark Walter, who recently purchased the franchise for a record $10 billion. While fans speculated that a change in ownership might mean a return to power for Magic Johnson, the team’s new President of Business Operations, Lon Rosen, just set the record straight. 🎙️📉 #MagicJohnson #Lakers #LakeShow #NBA #NBANews #LosAngelesLakers #RobPelinka #NBAUpdates #BasketballTalk #SportsDebate #NBARumors #HoopsCulture #NBAFans #BasketballShorts #SportsContent #TrendingNBA #CommentBelow