Live broadcast bar, October 23 according to US media Semafor reporters Liz Hoffman and Reed Albergotti, people familiar with the matter revealed that NBA legendary star magician Johnson was negotiating to buy the stake of NFL Las Vegas Raiders, its price may set a new record for sports transactions.
The insider said that Magic Johnson had been forming an investment team in recent weeks to acquire part of the Raiders. The majority stake of the Raiders is Ale-owned by the Davis (deceased) family. One of the magician’s team revealed that their team was conducting due diligence with the Raiders. The two sides have not reached an agreement and there is a possibility of a breakdown in the negotiations.
Semafor didn’t know the price discussed by the magician’s team and the Raiders, but Forbes magazine reported in August that Mark Davis, the raider’s boss, received an offer from anonymous investors, hoping to buy a minority stake in their team, the valuation of the team reached 6.5 billion dollars. This will be the record of any professional sports team and will easily exceed the recent transaction price of NFL Denver Broncos and Premier League Chelsea club.
The reporter said that the magician could not be reached for comment, and the reporter sent a message to the magician’s investment company without any reply. The spokesman of the Raiders also did not respond to requests for comment. NFL also did not respond immediately, and the transaction requires NFL approval.
Magicians currently hold shares in Los Angeles Dodge (baseball team), Burger King and Starbucks.
(Lewis44)