NBA legend Magic Johnson has built a powerhouse ownership portfolio across sports and business.
As a part-owner of the Los Angeles Dodgers, his investment has paid off handsomely, as the team has won two of the last five World Series titles.
Beyond the diamond, Johnson is also a co-owner of the WNBA’s Los Angeles Sparks, the NWSL’s Washington Spirit, and the Los Angeles Football Club, which claimed the 2022 MLS Cup. Most recently, in 2023, Johnson joined the ownership group of the Washington Commanders, who surged to the NFC championship game in their second season under new ownership.
The five-time NBA champion has solidified his legacy not just as a basketball icon but as an entrepreneur, turning $40 million in career earnings into a billion-dollar business empire.
_Get ready for the first episode of Portfolio Players, presented by E\*TRADE from Morgan Stanley, coming soon on Front Office Sports._