Magic Johnson is one of the best ten players in NBA history.
He has also had an extremely successful post-playing career with many business ventures (including sports teams).
Via Front Office Sports (on October 31, 2024): “Between his time as a player and as a team owner, Magic Johnson now has 15 championship rings.”
Magic Johnson’s portfolio includes:
• LAFC
• The LA Sparks
• The LA Dodgers
• The Washington Commanders, and more ⬇️https://t.co/xMRzvozPSL
— Front Office Sports (@FOS) October 31, 2024
Earlier this summer, Johnson made an appearance on ESPN’s First Take.
Stephen A. Smith asked Johnson about getting back into the NBA.
Johnson: “I might have to get back into the NBA… I’m interested in the Lakers… I may be interested in somebody else, too, depending on who the owner is.”
Smith: “Can you get a group together and steal them from the Knicks?”
Johnson: “If Dolan ever puts the Knicks up for sale, I’ll be first in line.”
Johnson would be a welcoming addition to a lot of NBA teams as an executive (or part-owner).
Via Paul Balsom: “The way Magic Johnson became a billionaire is insane:
• Retired from the NBA in 1991
• Built a $26B insurance company
• Owns the Dodgers, LAFC, Sparks & Commanders
He used his name, not the game, to build a billion-dollar empire.”
The way Magic Johnson became a billionaire is insane:
• Retired from the NBA in 1991
• Built a $26B insurance company
• Owns the Dodgers, LAFC, Sparks & Commanders
He used his name, not the game, to build a billion-dollar empire.
Here’s how he did it: 🧵 pic.twitter.com/LKke2nIFm5
— Paul Balsom (@PaulBalsom) April 11, 2025
As for the Knicks, they are one of the teams who is on the rise in the NBA.
They finished last year as the third seed with a 51-31 record.
In addition, the Knicks reached the Eastern Conference finals for the first time since the 2000 season (25 years ago).
Dec 3, 2024; New York, New York, USA; New York Knicks executive chairman James Dolan sits court side during the first quarter against the Orlando Magic at Madison Square Garden. Mandatory Credit: Brad Penner-Imagn Images / Brad Penner-Imagn Images