A legendary NBA player turned budding NFL businessman, Magic Johnson has designs on making his mark as part-owner of the Washington Commanders. A $6.05 billion deal marks a historical event in the sports realm as Johnson pioneered as one of the rare Black team owners in the NFL. A basketball icon turned business mogul, Johnson’s journey has been remarkable, although he considers this ownership opportunity as “the biggest thing” he has ever taken on in his life.
With a focus beyond his own progress, Johnson works towards long-term improvement for both the African-American group and aspiring business owners.
The Historic Ownership Venture
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Magic Johnson was excellent at basketball. With the Los Angeles Lakers, this trailblazing athlete secured five NBA championships and is now part-owner of the NFL’s Washington Commanders.
Passionate about his new role, Johnson spoke during a recent interview on the ‘Command Centre’ show. Here’s what Magic said: “Here I mean a lot of business here and so I think that this was the great opportunity for Josh and I and the whole group to have a story franchise like before the Redskins of course now the Commanders.”
Furthermore, he discussed how his representation as an African-American would hold great significance in the organization. “I carry the banner for all athletes but also all African-Americans and so that we can do this and we can be great on the field or on the court but also we can translate that and also be great as business owners and so I’m excited,” he said.
His emphasis on breaking down barriers for African Americans in sports ownership was underscored by highlighting Mellody Hobson and Condoleezza Rice, fellow minority owners, as allies.
The weight of this change was so important to Johnson that it brought tears to his eyes. As an opportunity to inspire and pave the way, he sees this as a chance.
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Magic Johnson’s Vision for the Future
Not just his fortune, Johnson invests his heart and soul in this groundbreaking ownership venture. For African Americans and aspiring entrepreneurs, being part of the Commanders’ ownership group offers a platform to create a lasting legacy. Johnson is bent on proving that success can be found off the athletic field or court.
With this new position, Johnson has made it clear that community visibility and the value of giving back will be a top priority. By visiting Boys and Girls Clubs, speaking at schools, and sharing his experience, he remains dedicated to creating a positive change.
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Without assistance, he won’t take this road. Through teamwork with other athletes and allies, Johnson endeavors to reach his aim of raising lives and knocking down barriers. In this thrilling stage of his life, Magic Johnson boldly blazes a trail, expanding opportunities without limits.
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