
The decision comes after months of behind-the-scenes discussions, as the Mark Walter family, majority stakeholders of the Lakers since 2024, sought to reinvigorate the team’s basketball operations with a figure who embodies championship pedigree and organizational pride.
“There is no one more synonymous with Lakers greatness than Magic Johnson,” said team owner Mark Walter during a packed press conference at Crypto.com Arena. “We believe his leadership, basketball IQ, and connection to this city are exactly what this franchise needs to usher in a new era of excellence.”
Johnson, a 5-time NBA Champion and 3-time MVP, previously held executive positions with the Lakers, most notably serving as President of Basketball Operations from 2017 to 2019. His return in this newly created role signals a renewed focus on basketball fundamentals, talent development, and cultural identity.
“I’m home,” Johnson said, smiling. “This franchise made me who I am. It’s time to bring the Lakers back to the top where we belong.”
Why Now?
Sources close to the team cite several reasons behind the timing:
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Franchise Reset: After missing the playoffs for two consecutive seasons, the Lakers are reportedly undergoing a “top-down reset” to restore their championship DNA
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