THE MAGIC MAN SALES HIS STAKE IN THE LAKERS

Magic Johnson was literally walkin' on air while selling his 5% ownership stake in the Los Angeles Lakers -- TMZ has learned dude signed off on the multi-million dollar deal.
Sources close to the NBA legend tell us Magic was on a sky phone on Friday while he closed the deal ... worth approximately $35 million.
Magic making moves again. He could have given me that 5%.

-AL