Magic Johnson’s wealth has crossed the billion-dollar mark, according to Forbes.
Oct 30, 2023
Magic Johnson will help build on the longstanding legacy of Atlanta Life Insurance Co.
Oct 17, 2023
There is one team on Magic Johnson’s radar for ownership outside of the Los Angeles Lakers.
Sep 27, 2023
Magic Johnson wants to ensure the youth have an early start on their road to financial literacy.
Sep 8, 2023
Earvin “Magic” Johnson Jr. is opening up about a time where he missed out on the ultimate business deal.
Aug 16, 2023
Magic Johnson says he is “living in an answered prayer” after receiving unanimous votes to approve the sale of the NFL’s Washington Commanders.
Jul 21, 2023
The ownership group that features Magic Johnson has agreed on a deal.
May 15, 2023
The NFL’s Washington Commanders are up for sale, and one sports legend has joined an ownership group in hopes of landing a stake in the team.
Mar 29, 2023
Magic Johnson is said to have joined the bidding war to purchase the Washington Commanders, The Washington Post reports.
Mar 21, 2023
Magic Johnson, Samuel L. Jackson, and LaTanya Richardson Jackson are helping to bring more eyes to stories from African women filmmakers.
Feb 7, 2023
Imagine it: the year is 1984, and between the bright neon color tracksuits and massive brick cell phones, Prince had the number one song on the charts with “Doves Cry.” And while this seems like a wild time, it was all in line with the eccentric characteristics of the era. Technology was evolving, perspectives were shifting, and money was being made. The year 1984 was also the start of a 25-year contract for NBA legend Magic Johnson.
Dec 29, 2022
Magic Johnson already has a stake in several professional teams, but not in the NFL. However, that could be changing very soon.
Shaquille O’Neal once turned down what later became a lucrative deal for someone else.
Reliving the glory years is a real thing. From the hype of the crowd to the adrenaline felt by the sheer sport of the activity, only a few things compare to that rush. Across all sports genres, the world has witnessed players who have considered retirement but then decided to play one or a few more times before hanging the jersey up for good. Michael Jordan left basketball in 1993 just to return in 1995, and Tom Brady created an entire rollout about his retirement only to renege months later and return to the NFL. Magic Johnson is in that number but recently revealed there was a $1 million price tag associated with his return to basketball.
Sep 29, 2022
If he doesn’t do anything else, Magic Johnson will always be about his business! The NBA legend turned entrepreneur extraordinaire is officially taking his talents to the metaverse through SimWin Sports as an owner, investor, and advisor. “I’m so excited to be involved with SimWin, which is blazing a trail in one of the hottest new business sectors and has a great team leading the charge,” Johnson said in an official news release shared with AfroTech. “This multi-billion-dollar business is about to take off and the SimWin model is an excellent way for sports fans to get involved in this groundbreaking opportunity. I look forward to contributing to its growth and success. get ready for the Inaugural Draft Class NFT player drop coming soon. I might just draft one of your players for my team.”
Jun 16, 2022