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
- 1991Philanthropy
Magic Johnson Foundation
Foundation founded in 1991.
Sources: Wikipedia (opens in new tab) - 2014Investing
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) - 2023Investing
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) - ----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) - ----Investing
Los Angeles Sparks
Part owner; WNBA champion in 2016.
Sources: yahoo.com (opens in new tab) Wikipedia (opens in new tab)