If the league allows a team to relocate to Las Vegas, Magic Johnson promises he'll try to buy the team.

"If they would ever allow it to happen, of course I would jump on that in two seconds," Johnson told ESPN.com on Monday. "That's definitely the move because there's no question about the fact that that would be a good investment."

Last Friday, Bloomberg reported that the city would be the host of the 2007 All-Star Game, which would be the first time the event would take place in a non-NBA city. The league has yet to make a formal announcement.

"The All-Star Game was the first step," said Johnson, who was in Manhattan at the NBA Store to introduce "Magic 32," a new line of signature shoes and apparel. "I think David Stern made a really smart marketing move by going there. Everyone is going to want to be in Vegas."