Oh how times change, NBA legend Michael Jordan earned his good $100 million during his entire career as a player while Magic Jhonson earned a good $70 million. Now that they are oth entrepeneurs, Jordan has become one of the wealthiest athletes in history with multiple billion on his name and many business ventures that have includedpart ownership of and NBA franchise, full ownership of a NASCAR team, and owning his own sportswear brand as an offset of Nike. But as it turns out, Magic John is currently in a great position to potentially dethrone Michael Jordan as the wealthiest NBA athlete of all-time. Let’s break down what Johnson has done in order to place himself in this postiion that will see him dethrone Jordan in less than 5 years.
Magic Johnson different business ventures
Contrary to the route Michael Jordan took of creating his own brands and owning sports franchises, Magic Johnson took a different route towards becoming the wealthiest billionaire in NBA history. MAic decided to get his hands in as many sports franchises as possibls that includes the NWSL Washington Spirit, a stake in the NFL Washington COmmanders, an eSports Franchise called Team Liquid, and inestments in another three teams. Johnson currently has a stake in the WNBA’s Los Angeles Sparks, he co-owns the MLS’ Los Angeles FC, and he also co-owns the MLB’s Los Angeles Dodgers.
Last year, Johnson became the fourth athlete to hit the billionaires list and joined the likes of Tiger Woods, Michael Jordan, and LeBron James. Currently, Michael Jordan’s estimated net worth just surpasses $3 million while Magic’s recent uptick in business ventures is estimated to elevate his net-worth to at least $3.5 billion oer the next few years. It’s not much but Magic Johnson might even surpass Michael Jordan over the next five years by much more than he does today.
News
Trae Young Refuses to Start Michael Jordan Over Kobe Bryant in His All-Time Team
Michael Jordan is often regarded to be ahead of Kobe Bryant in all-time discussions. However, a lot of young fans who grew up watching the Mamba tend to disagree. Trae Young is one such fan who refuses to put MJ…
Los Angeles Lakers owner and “blind faith” in new head coach JJ Redick
The Los Angeles Lakers made a surprising move by appointing JJ Redick as their new head coach, despite his lack of coaching experience at the NBA level. This decision has raised many questions in the basketball community about why someone…
Stephen Curry, on LeBron James: “I had to get used to liking him”
The Warriors’ star talks about how his relationship with his “archrival” improved during the Olympic Games in Paris Stephen Curry and LeBron James were the two great stars of Team USA at the Paris 2024 Olympic Games. The duo, whose…
Choosing an inexperienced coach, Lakers are suffering the consequences?
Both players prone to injury, LeBron James and Anthony Davis just traded their summer offseason for a 2024 Olympic gold medal. This past summer, LeBron James and Anthony Davis performed their national service, playing for the US team at the…
That’s ridiculous: Former All-Star PG Thinks Michael Jordan is Still Relevant Because of Lakers’ LeBron James
This is a piping-hot take if ever there was one. The most recurrent debate across the NBA landscape since at least 2020 has been whether or not 20-time Los Angeles Lakers All-Star combo forward LeBron James or 15-time former Chicago…
Michael Jordan’s Daughter Jasmine Jordan Appeared Strange at a Recent Event
Michael Jordan‘s daughter, Jasmine Jordan, went on a girls’ night out earlier this week and posted photos of the night to Instagram. For the outting, she chose a rust colored dress and paired it with a pair of strappy yellow…
End of content
No more pages to load