He also made 12 appearances in All-Star games, taking the MVP trophy twice in 19. He was the NBA’s MVP three times - in 1987, 19 - NBA Finals MVP in 1980, 19 and a member of the All-NBA First Team nine times. Johnson spent 13 years with the Los Angeles Lakers, helping them earn five championships in 1980, 1982, 1985, 19. The next year they took home the NCAA championship. After high school, he went to Michigan State University, where he took the Spartans to a Big Ten title his freshman year. He led the team to a state championship in 1977. gave him the moniker after Johnson had 36 points, 18 rebounds and 16 assists during a game playing for Everett High School. I was very happy that I did what I did.”Īccording to the NBA, Johnson earned the nickname “Magic” when he was in high school in Lansing, Michigan. “I just made a decision, I can’t really tell you why, that I was just going to help him out and make it work for him. “It’s probably the first and only time I ever did that,” Ovitz told Forbes.

Gruber and Smith connected Johnson with super-agent Michael Ovitz, who said he didn’t represent athletes before recognizing Johnson’s potential and putting the NBA player through a business boot camp to train him on how to become a businessman. When he and Johnson met, along with music executive Joe Smith, Gruber was the CEO of Sony Pictures. He got his foot in the door in a deal with current Mandalay Entertainment CEO Peter Gruber. Forbes reported he built his wealth through joint ventures and partnerships. Johnson now joins the ranks of only a handful of athletes who have crossed the billion-dollar threshold - a small group that includes Michael Jordan, Tiger Woods and LeBron James, according to ESPN. Kennedy International Airport and Los Angeles International Airport’s cargo facility. Johnson’s company also has a contract to renovate Terminal 1 at New York’s John F. He also owns movie theaters, fast food franchises, real estate and health care and life insurance companies through his Magic Johnson Enterprises.

He owns stakes in several teams across leagues - the Washington Commanders (NFL), Los Angeles Dodgers (MLB), Los Angeles Sparks (WNBA) and Los Angeles Football Club (MLS), according to Forbes.

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