Word: earvin
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Stern's NBA has successfully rebounded from adversity before, and it will likely do so again. The league has seen fan attendance at games rise from 10 million in 1983 to 22 million last season - over a period that also saw Earvin "Magic" Johnson announcing he was HIV-positive, Michael Jordan admitting to gambling in Atlantic City the night before a playoff game, Dennis Rodman kicking a cameraman and Ron Artest brawling with fans in the crowd during a game in Detroit...
...N.B.A., Earvin ("Magic") Johnson's skill with a basketball was matched only by his leadership. Johnson fronted the Los Angeles Lakers' "Showtime" offense, directing the team to the N.B.A. finals nine times in 13 seasons, winning five championships. He was the league MVP three times. After learning he was HIV positive, Johnson became a forceful advocate for AIDS education and raised millions for research. The man gets things done...
...business partner, venture capitalist Ken Lombard, now president of Johnson Development, approached with one in 1993. Says Ruisi: "We have the expertise in building and operating theaters. What we didn't really have was a great way to get to those markets. When we spoke to Ken and Earvin, it was the perfect balance...
...playing ball. "I don't know everything, but I get caught up on what I don't know." He's got some fancy tutoring too. Among those who help him brush up on balance-sheet analysis is former Walt Disney Co. president Michael Ovitz, a close friend. Adds Lombard: "Earvin is a tremendous businessman. He has the same level of vision that he had on the court and the same control in knowing when to pull the trigger and when...
RETIRING. EARVIN ("MAGIC") JOHNSON, 36, Lakers basketball star; for the third time as a player, after a disappointing and controversial comeback season; in Los Angeles. His agent said the celebrated HIV-positive player's decision was not health related...