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Did Magic Johnson Miss Out on His Own ‘Jordan Brand’?

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Five years before Michael Jordan signed with Nike and paved the way for what would become a multibillion-dollar sneaker empire, the then-fledgling company approached another basketball legend. To his long-lasting regret, however, Magic Johnson turned Nike down, choosing instead to sign with Converse. The former offered him stock options, the latter cash. Nineteen years old…

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