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Magic Johnson Net Worth Family, Career & More

Earvin “Magic” Johnson Jr. is not just a name that resonates with basketball enthusiasts. He’s a symbol of triumph, resilience, and business acumen. Here’s a deep dive into the life and legend of Magic Johnson through the lens of some of Google’s most searched interrogative subheadings.

Who is Magic Johnson?

Earvin “Magic” Johnson Jr. made history when he joined the Los Angeles Lakers 13 years later on August 14, 1959 in Lansing, Michigan and quickly established himself as one of their greatest players. Boasting a towering 6ft 9 frame, Magic not only fit the physical profile for great players; his on-court presence and intelligence distinguished him. Over 13 seasons with LA Lakers he earned five NBA Championships while three times receiving NBA Most Valuable Player honors from that league; his rivalry with Larry Bird remains legendary.

How did Magic Johnson start his career?

It all began in Everett High School, Lansing, where a young Magic was already turning heads. By 15, he had scored a remarkable triple-double, earning him the nickname “Magic”. His prodigious talent didn’t go unnoticed, and offers from top-tier colleges poured in. However, Magic chose Michigan State University. Magic first met Larry Bird during the NCAA finals of 1979 – an epic matchup that would go down as the most-watched college basketball game ever on television. A year later, Magic embarked on his NBA journey when Los Angeles Lakers selected him as their first pick.

Why is Magic Johnson famous beyond basketball?

Magic’s diagnosis with HIV in 1991 may have shortened his basketball career, but it opened doors to new ventures. He swiftly pivoted to business, establishing Magic Johnson Enterprises which has stakes in entertainment, real estate, and healthcare. His collaboration with Starbucks to launch stores in underserved urban areas is particularly noteworthy, offering both profitability and community upliftment. Moreover, he’s had a hand in sports team ownership, acquiring shares in the LA Dodgers and LA Sparks of the WNBA. Additionally, his advocacy for HIV/AIDS awareness has had a profound impact on communities.

Did Magic Johnson really decline a $5 Billion Nike deal?

The legend that Magic turned down a multi-billionaire-making deal from Nike in the late ’70s is captivating but leans heavily on speculation. While it’s true that Converse approached him with a $100,000 per year deal, claims that Nike’s Phil Knight offered Magic a stake in the then not-yet-public company are debated. Given that Nike’s groundbreaking deal with Michael Jordan took place years later, the purported offer to Magic remains shrouded in mystery.

What was Magic Johnson’s contribution as a coach and team owner?

After retiring as a player, Magic maintained his connection to the NBA through coaching roles on multiple teams; most notably as head coach of the Lakers during 1993-94 (albeit for just five games and an unimpressive 5-11 record) before purchasing a stake of five percent of the team and leaving his mark as both player and stakeholder. Magic’s brief comeback as a player during the 1995-96 season further showcased his unwavering passion for the game.

In conclusion, Magic Johnson’s life story isn’t just about basketball greatness. It’s a testament to adaptability, entrepreneurship, and making a difference both on and off the court.

About the author


My name is Viliyana Filipova and I’m founder and chief editor of Wings Herald Journal. With this project I aim to make it leading source for aviation industry news. We will follow the journalism ethics and will give you all points of view in each of our reports. Hope you will enjoy Wings Herald.

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