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Basketball · Retired · USA

Magic Johnson

Magic Johnson is a retired basketball player from the USA whose off-the-field ventures include Los Angeles Dodgers, Washington Commanders, Los Angeles FC, Los Angeles Sparks and Magic Johnson Foundation. Hydration Break tracks 5 sourced ventures across investing, philanthropy.

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

At a glance: 5 ventures / 9 sources / active 1991–2023 / investing, philanthropy

LAST UPDATED

Ventures

  1. 1991
    Philanthropy

    Magic Johnson Foundation

    Foundation founded in 1991.

    Sources: Wikipedia (opens in new tab)
  2. 2014
    Investing

    Los Angeles FC

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

    Sources: mlssoccer.com (opens in new tab) Wikipedia (opens in new tab)
  3. 2023
    Investing

    Washington Commanders

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

    Sources: sportsbusinessjournal.com (opens in new tab) Wikipedia (opens in new tab)
  4. ----
    Investing

    Los Angeles Dodgers

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

    Sources: yahoo.com (opens in new tab) Wikipedia (opens in new tab)
  5. ----
    Investing

    Los Angeles Sparks

    Part owner; WNBA champion in 2016.

    Sources: yahoo.com (opens in new tab) Wikipedia (opens in new tab)

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