@stak5Aug 31, 2026 · 1:06 · original sound - Stephen Jackson
Magic Johnson Turning Down the Nike Deal Worth $5.2 BillionMagic Johnson reflects on turning down a Nike stock offer in 1979 that would be worth an estimated $5.2 billion today. The Lakers legend explains why he chose guaranteed cash from Converse instead, not fully understanding the value of equity at the time. Johnson offers an honest look back at one of the most expensive decisions of his career.
10.18% ERengagement of this clip — above the author's average (6.10%)
top 33%outperforms 67% of the author's clips
9%of the author's average views
