Browsing: Los Angeles Lakers

Magic Johnson abruptly resigned as the Los Angeles Lakers’ president of basketball operations Tuesday night, citing his desire to return to the simpler life he enjoyed as a wealthy businessman and beloved former player before taking charge of this franchise just over two years ago.

In a short statement, the 33-year-old’s sports management group said the three-time NBA champion has agreed a four-year contract with the Lakers, seeing the star leave the Cleveland Cavaliers for a second time and make his debut in the Western Conference.