Magic Johnson stuns sports world by quitting as president of the Lakers

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A basketball signed by Magic Johnson Credit: John Liu/CC BY 2.0.

Magic Johnson announced on Tuesday that he’s stepping down as president of basketball operations for the LA Lakers. Johnson is a former Laker, former coach for the team, and five-time NBA champion. He took charge of the franchise two years ago. Now he says he’s ready to return to the simple life.