← All athletes
MJ

Basketball · Retired

Magic Johnson

Five-time champion who became one of the most successful athlete-owners in sports.

Off-the-field timeline

  1. 1991
    Philanthropy

    Magic Johnson Foundation

    Foundation founded in 1991.

    Sources: Wikipedia ↗
  2. 2014
    Investing

    Los Angeles FC

    Co-owner of the MLS club, MLS Cup champion in 2022.

    Sources: mlssoccer.com ↗ · Wikipedia ↗
  3. 2023
    Investing

    Washington Commanders

    Invested $240 million in the Josh Harris-led group that bought the NFL team.

    Sources: sportsbusinessjournal.com ↗ · Wikipedia ↗
  4. —
    Investing

    Los Angeles Dodgers

    Part owner; World Series champion as owner in 2020, 2024 and 2025.

    Sources: yahoo.com ↗ · Wikipedia ↗
  5. —
    Investing

    Los Angeles Sparks

    Part owner; WNBA champion in 2016.

    Sources: yahoo.com ↗ · Wikipedia ↗

More from Basketball

The Hydration Break newsletter

New athlete businesses, team stakes, studios and startup checks, every week, with sources. Free.