What do you get a guy who has multiple NBA championships, an Olympic gold medal and a spot in the Basketball Hall of Fame? If you’re Earvin “Magic” Johnson you buy yourself a part of a major league baseball team!
Johnson is part of a group that will acquire the Los Angeles Dodgers for $2 billion. The staggering price is a record -- the highest amount paid for a North American sports franchise ever, according to MLB.com. The major league coup is the result of a contentious divorce between former owner Frank McCourt and his wife, Jamie. The two had a bitter custody battle for the team. Eventually, Major League Baseball took over the Dodgers and the team filed for bankruptcy last year.
Enter Magic. The eponymous Magic Johnson Enterprises owns several businesses. But just exactly what does he? Answer: A lot. Johnson is a baller’s baller and his businesses are wide ranging:
Thinking about going to the movies?
Johnson owns a chain of movie theaters aptly named Magic Johnson Theaters in locations including New York City and Maryland.
Feeling out of shape?
His career was based on athletic prowess, so it’s fitting Johnson owns a few 24 Hour Fitness gyms. You never know when you’ll feel the urge to work out.
Are you hungry?
Wanna watch TV?
Forget that regrettable late-night talk show from the 1990s (R.I.P.“The Magic Hour”). Johnson is preparing to launch Aspire, a 24-hour channel focused on uplifting images of African-Americans, according to the Los Angeles Times. It’s a lofty goal. Even the mighty Oprah has had trouble in this arena.
Need a place to live?
What else do you need?