How much does Magic Johnson make?

May 11, 2021 Off By idswater

How much does Magic Johnson make?

Magic Johnson has built up a $600 million net worth Johnson is considered one of the greatest NBA players of all time, and ever since retiring in 1996, he’s become one of the richest. Throughout his lengthy NBA career, Magic earned just under $40 million in salary, according to Spotrac.

What percentage does Magic Johnson own?

a 2.3%
Johnson owns a 2.3% stake in the team and had invested $50 million during the purchase.

How much money did Magic Johnson make as a player?

He won a championship and an NBA Finals Most Valuable Player Award in his rookie season and won four more championships with the Lakers during the 1980s. During his playing career, Magic earned just over $18 million in salary and several million more in endorsements. He has a net worth of $600 Million.

Who is the highest paid personality on ESPN?

ESPN is lucky to have Smith, and they showed it by making him their highest-paid personality in 2019. For comparison’s sake, Patrick Mahomes makes roughly $4 million per year. He’ll surely sign a massive extension soon, but it’s still crazy to think Smith makes double what the Super Bowl MVP makes per year.

How much did Magic Johnson sell the Lakers for?

He bought 4.5 percent of the Los Angeles Lakers in 1994, then sold it in 2010 for a reported $50-60 million. His current net worth has been estimated as anywhere from $500 million to $770 million, depending on the source.

What did Magic Johnson do after he retired?

Since his retirement, Johnson has established himself as a business powerhouse and an inspiring philanthropist. An extremely talented point guard, he won the NBA Finals Most Valuable Player Award in his rookie season and guided the LA Lakers to five NBA Championships.

How much money does Magic Johnson make a year?

Johnson ranks fifth in the Forbes List of The Highest-Paid Athletes with earnings of $22 million annually. He is a major investor in the MLB franchise Los Angeles Dodgers and the WNBA franchise Los Angeles Sparks. He was also a part owner of the Lakers for several years before he sold his stocks. What is Magic Johnson’s net worth 2020?

When did Magic Johnson retire from the NBA?

The 52-year-old Johnson played 13 seasons for the Lakers, winning five NBA championships and three MVP awards in a Hall of Fame career. He retired from the NBA in 1991 after being diagnosed with HIV, the virus that causes AIDS. He briefly came out of retirement in the 1995-96 season and had a short stint coaching the Lakers.

How many points has Magic Johnson scored in his career?

An extremely talented point guard, he won the NBA Finals Most Valuable Player Award in his rookie season and guided the LA Lakers to five NBA Championships. In his entire career, he has scored 17,707 points and recorded 10,141 assists, 6,559 rebounds and 1,824 steals.

When did Magic Johnson get into the Hall of Fame?

He has been inducted twice in the Basketball Hall of Fame and was honored as one of the 50 Greatest Players in NBA History in 1996. He was also named as the greatest point guard of all time by ESPN in 2007. Johnson was a part of the “Dream Team”, the US men’s national basketball team that won the gold medal at the 1992 Olympic Games in Barcelona.