Home Business News Magic Johnson and Ice Cube to Acquire Sports Networks From Disney
Magic Johnson and Ice Cube to Acquire Sports Networks From Disney

Magic Johnson and Ice Cube to Acquire Sports Networks From Disney

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After stepping down as president of the Los Angeles Lakers, Magic Johnson has joined a bid by rapper and actor Ice Cube to buy 21 regional sports networks from The Walt Disney Co.

“Very happy to add Magic Johnson to our bidding group for Disney’s RSNs,” Ice Cube said in a tweet.

Ice Cube is seeking to buy the sports networks through his 3-on-3 basketball league, Big 3, to air content from celebrities and athletes such as Serena Williams and Snoop Dogg. Will Smith has also joined the bidding group.

According to the Los Angeles Times, it’s not clear if Johnson will be lending financial support to the bid to acquire the networks.

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