Magic Johnson officially announced his intention to bring an NFL team back to Los Angeles.
The former Lakers great appeared Tuesday night on "Jimmy Kimmel Live!" and said he is formally joining a group that's planning to build a downtown Los Angeles stadium for the purpose of housing an NFL franchise, according to The USA Today.
"I'm announcing this today: I've teamed up with Tim Leiweke at AEG, and we're gonna come together to bring the NFL back to Los Angeles," Johnson said.
AEG (Anschutz Entertainment Group) has proposed building an NFL stadium in downtown L.A., but the project is only at the conceptual stage.
The Chargers recently announced that owner Alex Spanos is looking to sell a minority stake to help with estate planning. Spanos, 87, a billionaire developer who lives in Stockton, revealed two years ago that he suffers from dementia.
The Associated Press contributed to this report.