magic johnson

Magic Johnson Net Worth 2023: What Is The NBA Legend Worth?

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Earvin “Magic” Johnson Jr., born in Lansing, Michigan, in 1959, was a prodigy in the making. His remarkable skill and determination were evident from an early age, culminating in an impressive career at Michigan State University. The NBA was calling, and Johnson was ready to answer. His debut with the Los Angeles Lakers in 1979 was a defining moment that marked the birth of a legend, resulting in a net worth of an astonishing $630 million in 2023, according to CAknowledge. Magic by name, magic by nature.

Slam Dunks & Trophies: A Glittering Career

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PHILADELPHIA, PA – MAY 16: Magic Johnson #32 of the Los Angeles Lakers celebrates with the Walter A. Brown championship trophy. After winning Game 6 and series against the Philadelphia 76ers. On May 16, 1980 at the Spectrum in Philadelphia, Pennsylvania. (Photo by Focus on Sport via Getty Images

Magic Johnson’s time with the Lakers showcased excellence, filled with breathtaking performances and victories. Five NBA championships, three MVP awards, and an Olympic gold medal with the “Dream Team” – Johnson’s trophy case is a testament to greatness. Further, Johnson’s style on the court revolutionized the game, blending finesse, strength, and intelligence. A legacy that continues to shine in the annals of basketball history, casting a long shadow for future stars to follow.

Family Ties & Triumphs: A Personal Journey

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American professional basketball player Magic Johnson holds a press conference at the Great Western Forum. Johnson announced his retirement from basketball and from the Los Angels Lakers team, after being diagnosed HIV positive. His wife Earlitha “Cookie” Kelly sits to his left. (Photo by Bill Nation/Sygma via Getty Images)

Beyond the hardwood, Magic’s personal life has been equally compelling. His marriage to Cookie Johnson and the support for his children, including his openly gay son EJ, reflect his loving and accepting nature. Moreover, his public battle with HIV was pivotal, transforming a personal challenge into a global awareness campaign. Johnson’s resilience and advocacy in the face of adversity inspire admiration and respect, adding depth to his multifaceted persona.

Investments & Impact: The Business Mogul

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ALPHARETTA, GEORGIA – JUNE 24: Magic Johnson on stage during the TSP Live 2022 conference at The Hotel at Avalon on June 24, 2022 in Alpharetta, Georgia. (Photo by Derek White/Getty Images)

Retirement from basketball marked the beginning of Johnson’s remarkable journey in business. Johnson’s business acumen is as sharp as his passes on the court, from owning movie theaters to investments in Starbucks and even part-ownership of the Dodgers. His business success is not confined to profits alone. Through the Magic Johnson Foundation, his philanthropic efforts reach into the communities he grew up in, focusing on education, healthcare, and empowerment. A portfolio with a purpose, a strategy with a soul.

A Legacy Larger Than Life: The Final Whistle

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SANTA MONICA, CALIFORNIA – JUNE 24: (L-R) Larry Bird and Magic Johnson, recipients of the Lifetime Achievement Awards, attend the 2019 NBA Awards presented by Kia on TNT at Barker Hangar on June 24, 2019 in Santa Monica, California. (Photo by Michael Kovac/Getty Images for Turner Sports)

Magic Johnson’s life is a tapestry of triumphs and trials, woven with threads of hard work, perseverance, empathy, and innovation. From the dazzling displays on the basketball court to strategic brilliance in the boardroom, his journey is a masterclass in success. His towering net worth of $630 million, according to CAknowledge, only partially defines his true value. Johnson’s lasting impact is imprinted on sports, business, philanthropy, and society at large. A legacy, truly larger than life, a story that continues to inspire. A tale only Magic could tell.

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Nas And Hit-Boy Received Some High Praise From Magic Johnson For Naming A Song After Him

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Nas October 2022
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The latest addition to Nas and Hit-Boy’s growing joint discography has arrived. Magic 2, the duo’s fifth collaborative project in just four years, dropped on Friday, July 21, earning praise from not just hip-hop heads but also one of the celebrities name-checked on the album. The song “Earvin Magic Johnson” is a reference to the NBA legend, but rather than praising his achievements on the court, it instead refers to his business acumen — something Nas can obviously relate to.

Magic himself acknowledged the reference on Twitter (I refuse to call it X, just like the Staples Center will never be called Crypto.com Arena by LA locals). “On Nas’s new album Magic 2 he dedicated track 7 to me called Earvin Magic Johnson!” he wrote. ““Thank you for the respect and honor of my business acumen. You’re a hell of a businessman in your own right!”

He’s not exaggerating. Last year, Nas teamed up with Google to invest in a video game company (just when video games are experiencing rapid growth), and he was one of the earliest of hip-hop’s icons to put his money into cryptocurrency. Meanwhile, Magic Johnson continues to be a big-time investor in his own right; last year, he joined a group bidding on the NFL’s Las Vegas Raiders.

Michael Jordan And Magic Johnson Dine Together In Italy

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Michael Jordan and Magic Johnson only ever played against each other 18 times. To a degree, this makes sense as they played in different conferences. However, it’s still weird to think that two of the greatest NBA players of all time only faced off a handful of times. Jordan holds an 11-7 record in the head-to-head (7-6 regular season, 4-1 playoffs). Furthermore, Jordan’s head-to-head stat line is 30.4/6.6/8.1 while Magic’s is 19.2/6.3/11.6.

Their first meeting was in December 1984, during Jordan’s rookie season. The Bulls came away with a 113-112 victory. Meanwhile, their final meeting was in February 1996, with the Bulls winning 99-84. However, their most famous face-off was the 1991 NBA Finals. It was the year of the Bulls’ first title run with Jordan at the helm. The Bulls blew out the Lakers harder than Jalen Green’s teammate’s back. Johnson would retire in 1996, having retired for one more season after initially retiring in 1991.

Jordan And Johnson Dine In Italy

A video emerged online on July 13 showing Jordan and Johnson dining out, reportedly in Italy. The video shows the pair being serenaded by locals. That’s it, that’s the story. They went to dinner in Italy. Jordan doesn’t look like he’s having the best time but there’s no drama or anything especially funny about the video. We hope they had a good meal because Italian food is wonderful, especially when you have it in Italy.

Back home, Jordan recently got into hot water after he appeared to say that he disapproved of his son’s relationship with Larsa Pippen. However, Marcus Jordan later clarified his father’s remarks. “We spent Thanksgiving together last year, and my family loves her. They think she’s great,” Marcus Jordan said. “And ultimately, I think my family just wants to see me happy. And so as long as I’m happy, they’re happy with whoever I’m dating. Everybody had an opinion at first, I think there was some shock and interest early on. But I think that was the whole point of us trying to spend some family time together during the holidays. At least for me, if we’re gonna be in the media, I kind of need to introduce you to my mom and my mom’s side and my dad’s side. And so, I think that went well and so far, so good.”

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Magic Johnson, Samuel L. Jackson Still On Gorgeous Yacht Vacay

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Name a more iconic duo than NBA great Magic Johnson and Marvel movie maven Samuel L. Jackson. The two have been enjoying a long vacation on a yacht in Sardinia, an island in the Mediterranean Sea. It is the second largest island in the sea, right behind Sicily, and it’s just big enough to harbor the massive yacht the celebrities are relaxing on. Magic Johnson is renting the yacht at an exorbitant $1 million per week, and they are about to enter week two of the vacation extravaganza.

The two are on summer hiatus after busy starts to their 2023. For Magic Johnson, the Laker legend was looking to make a bid for the NFL team, the Washington Commanders, as part of an investment group. If the deal were to get pushed through, he will be part of the group that owns the franchise for a record-breaking $6.05 billion price tag. Meanwhile, Samuel L. Jackson is coming off filming for the Marvel TV series Secret Invasion, currently streaming on Disney+.

Read more: Magic Johnson Reacts To Recent Commanders Bid

Magic Johnson & Samuel L. Jackson Soaking Up The Sun

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LOS ANGELES, CALIFORNIA – JUNE 13: Samuel L. Jackson attends the Secret Invasion launch event at the El Capitan Theatre in Hollywood, California on June 13, 2023. (Photo by Alberto E. Rodriguez/Getty Images for Disney)

Samuel L. Jackson is also coming off filming the sequel to Marvel’s 2019 movie Captain Marvel, aptly named The Marvels. At 74 years old, the man deserves a break, and he’s doing exactly that on a yacht in Sardinia. During his time with Magic, Jackson has been receiving acupuncture and cupping treatments to help relieve him of some physical soreness. This is to set him up for more filming, as the prolific actor is under contract for four upcoming features within the next year.

Johnson and Jackson jumped off the mega-yacht for some Italian grub at the Cala di Volpe Hotel. Magic has taken this annual trip for almost a decade straight, renting the “Phoenix2,” which measures 296 feet long. The yacht has everything you could ever ask for: an outdoor theater, swimming pool, jacuzzis, and a gym. No word on when — if ever — the two of them will disembark the Phoenix2. For now, they’re enjoying the time off.

Read more: Samuel L Jackson & Brie Larson Sing Their Heart Out To Ariana Grande’s “7 Rings”

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Magic Johnson Reacts To Recent Commanders Bid

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Magic Johnson is someone with incredible business acumen. Overall, this is especially true when it comes to the world of sports ownership. Johnson is part-owner of the Los Angeles Dodgers, Los Angeles Sparks, and even Los Angeles FC in the MLS. However, there is one sport he is still trying to get into, and that’s football. The NFL is one of the best organizations in the world, and everyone would love to own one of its 32 teams. Unfortunately, teams only come up for sale every few years.

Although, the Washington Commanders are currently being sold by Dan Snyder. Snyder is not very well-liked in NFL circles, and with potential scandals on the horizon, he is looking to get out of dodge. This has subsequently led to a bidding war for the team. Everyone wants to get in on this, including Magic Johnson. As we reported recently, he was part of a group that just bid $6 billion on the team. They do have competition, however, as a Canadian billionaire put in a very similar offer.

Magic Johnson Remains Hopeful

While appearing on The Today Show, Magic Johnson was asked about his recent bid and how he feels about it all. Of course, Johnson is very excited about the prospect of owning the Commanders. However, he is very attuned to the fact that it is beyond his control. Although, he did note that he is hopeful that Dan Snyder will choose his ownership group. After all, it’s better for a team to be in the hands of many than just one person. Snyder has certainly taught us a lesson in that.

If Johnson does become part-owner of the team, then it will be a historic moment. Across sports, there are very few black owners. While he would have a minority stake, his participation is still extremely significant. Hopefully, Snyder makes the right decision and brings the legend on board. Let us know what you think about the sale of the Commanders, in the comments below. Additionally, stay tuned to HNHH for more news from the sports world. We will always keep you informed.

Magic Johnson Part Of Group Seeking To Buy Commanders For Record-Breaking Price

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Magic Johnson is someone with incredible business acumen. Overall, he has made a whole lot of money throughout his career. However, most of it has come off of the court. In fact, Johnson was able to purchase a stake in the Los Angeles Dodgers a few years ago. When he did that, Johnson made it very clear that he is interested in sports ownership opportunities. Subsequently, there have been all sorts of rumblings about him potentially wanting to own a bit of an NFL team.

Last year, there was a solid opportunity with the Denver Broncos. However, Magic Johnson missed the boat as another group ended up with the team. At the time, the team sold for a whopping $4.65 billion which was an NFL record. Now, the Washington Commanders are for sale as Dan Snyder is jumping ship. There is a ton of interest in this team, and according to TMZ he has joined a massive group that is looking to buy the team. The group includes Sixers owner Josh Harris, as well as Mitchell Rales who is a billionaire. As it turns out, the group just put in a $6 billion bid for the Commanders.

Magic Johnson To The NFL?

Magic Johnson speaks during the 2023 International Poverty Forum at Delta Flight Museum on March 17, 2023 in Atlanta, Georgia. (Photo by Derek White/Getty Images)

This would be the largest sale in the history of the National Football League. However, Johnson, Harris, and Rales will all have some competition. According to Adam Schefter of ESPN, a Canadian billionaire by the name of Steve Apostolopoulos also put in a $6 billion bid. No matter what, it looks like Snyder is in for a massive payday. Whether or not it is deserved, is up to the Commanders fans to decide.

It would be amazing to have Johnson in the NFL as an owner. However, it will ultimately be up to Snyder as to which group he wants to go with. Owning an NFL franchise comes with a ton of responsibility, and it will simply come down to which side has more money, resources, and time. Stay tuned to HNHH for more news from the sports world.

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Magic Johnson Makes Wild Claim About Victor Wembanyama

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Magic Johnson is the best point guard to ever play the game of basketball. At this point, most NBA fans can agree that this is a fact. He won five championships with the Los Angeles Lakers and mesmerized fans with his passing. Overall, he is probably a top-five player to ever step on an NBA court.

If you’re a fan of Johnson, then you know that he still loves the game of basketball. Sure, he doesn’t work for the Lakers anymore, however, he is always trying to evaluate talent. So much so that he is now weighing in on the current consensus number-one overall prospect for the 2023 NBA Draft.

Earvin Magic Johnson Jr. attends the match between Philadelphia Union and LAFC as part of the MLS Cup Final 2022 at Banc of California Stadium on November 5, 2022 in Los Angeles, California. (Photo by Omar Vega/Getty Images)

Magic Johnson Speaks

That man is none other than Victor Wembanyama. At 7’4,” Wembanyama is looking like an absolute beast of a player. He is killing it over in France and subsequently, teams believe he can be their savior. As for Magic Johnson, he believes the kid is better than just good.

“I had the chance to meet and talk to the best player in the world and this year’s number one pick in the NBA draft Victor Wembanyama!” Johnson said. Yes, you read that right. Johnson is actually claiming that Wembanyama is the best player in the entire world.

As you can see in the tweets below, many found this to be incredibly bold. Overall, Wembanyama has yet to do anything at the pro level. For all we know, he could wind up being a huge bust. However, Magic seems to have a ton of confidence in the young man.

Let us know what you think of Magic’s prediction, in the comments down below. Additionally, stay tuned to HNHH for more news from around the sports world.

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Magic Johnson Clears The Air About Fake Story Of Him Donating Blood

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Magic Johnson Joins Cameo's Board of Directors and Talent Roster

Over the last couple of weeks, a fake news story has been circulating around social media that says that Magic Johnson, despite having HIV, donated blood. The story came about after a picture of Johnson getting his blood drawn went viral.

The tweet in question has a picture of the NBA legend giving blood with the caption saying that he is donating blood for underprivileged communities to fight COVID-`19. Despite the tweet coming from a satire page, people chose not to investigate the source, and instead made the tweet go viral.

Nonetheless, it didn’t stop Magic from responding to the tweet and people who believed that he actually donated his blood. Johnson shared message on his Twitter earlier today, August 23, saying that he’s aware of the fake story and that he’s never donated blood before.

“I’m aware of the false story circling the internet, and to be clear, I have never donated blood,” Magic tweeted.

The Associated Press even revealed that the picture used in the Tweet came from a 2012 NPR documentary “Endgame: AIDS in Black America.” The scene in the documentary shows Magic get his blood drawn from his doctor Dr. David Ho.

Johnson had announced his HIV diagnosis in 1991 and then announced his retirement from basketball. Johnson has since become a spokesperson and advocate for HIV awareness.

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Magic Johnson and Kanye Snubbed Out Of Denver Broncos Ownership, Team Sold For $4.6 Billion

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Magic Johnson Joins Cameo's Board of Directors and Talent Roster

Magic Johnson and Kanye were among those looking to purchase the Denver Broncos after it went up for sale earlier this year. However, their hopes of owning a NFL team were crushed yesterday when it was reported that the team would be sold to Rob Walton, the heir to the Walmart fortune, and who has a estimated net workth of $65.7 billion.

In a statement following the purchase, Walton spoke on the sale saying  “Having lived and worked in Colorado, we’ve always admired the Broncos. Our enthusiasm has only grown as we’ve learned more about the team, staff, and Broncos Country over the last few months.”

In May, Magic Johnson had joined businessman and 76’ers co-owner, Josh Harris, in a bid for the Broncos.

Earlier this year, Antonio Brown, president of Donda sports, announced that he wanted Kanye to buy the Broncos. “NFL CALL YE,” Brown tweeted. “Donda Sports want to buy the @Broncos who with me!” Brown added in a separate tweet.

TMZ, was able to catch up with Brown where he doubled down on wanting Ye to buy the Broncos. “Tell Roger [Goodell] to call me. We’re working on it … We’re working towards getting it done,” Brown said.

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[SOURCE SPORTS] Magic Johnson Joins Bid To Buy Denver Broncos

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Basketball legend Magic Johnson is joining a bid to become an owner of the Denver Broncos. He’ll join the group being led by Philadelphia 76ers co-owner Josh Harris.

According to Sportico, the NFL has faced increased pressure over the lack of diversity in its ownership ranks. It is speculated that every Broncos bid group is expected to have minority investors included.

READ MORE: Antonio Brown Says He and Kanye Are “Extremely Serious” About Buying the Denver Broncos.

It wasn’t made clear how much Johnson would be investing in the bid. He’s already a part owner of the Los Angeles Dodgers. The Broncos are predicted to sell for the highest price ever for a sports team. They recently valued near three-point-eight-billion-dollars.

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