Magic Johnson rejoins Lakers as advisor to Jeanie Buss

Magic Johnson is returning to the Los Angeles Lakers organization to assist co-owner Jeanie Buss in "all areas of basketball and business," the team announced Thursday.

"We are thrilled and honored to add Magic's expertise and abilities, and I look forward to working alongside him," Jeanie Buss said of Johnson.

His role with the franchise will span across all departments of Lakers management.

Johnson's duties will include, but not be limited to, advising ownership on all business and basketball matters, collaborating with coaches, evaluating and mentoring players, assessing future franchise needs, and helping ownership to determine the best path for growth and success. Johnson will spend time at Lakers offices in El Segundo and will report directly to Jeanie Buss.

The news comes weeks after Johnson was spotted having dinner with Jeanie Buss at the Staples Center.

Johnson was once a minority owner of the Lakers, and held the title of vice-president, but he sold his shares in 2010.