Magic Johnson, Richer Than Modern Stars Like Stephen Curry and Kevin Durant, Buys Basketball and Football Franchises but Not in the NBA or NFL

Magic Johnson is one of the greatest players ever to have played the game of basketball. The Los Angeles Lakers point guard was a point guard unlike any other when he came into the league. Johnson’s passing skills and vision led the Lakers into the “Showtime” era. Pat Riley’s team relied on Magic’s intuitive and mind-bending passes to score quickly on breakaways and steals. Along with Larry Bird, he was the face of the NBA in the 80s.

After his rookie season, Johnson became the face of the Lakers too, taking the mantle from Kareem. During his playing days, Magic was famous for his flamboyant personality and big fandom. Magic signed various endorsement deals, which helped him become one of the richest basketball players ever.

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After his playing career, Magic got into various business enterprises, including becoming a part-owner in sports franchises. In 2012, he was part of an ownership group that bought the Los Angeles Dodgers. In 2014, He also became a part-owner of the WNBA team LA Sparks. Recently, Magic bought two new sports franchises, but not the normal ones. On June 16, Johnson announced his acquisition of new football and basketball franchises in SimWin Sports, the world’s premier digital sports league.

Magic Johnson’s net worth compared to Stephen Curry and Kevin Durant

Apart from holding stakes in multiple sports franchises, Magic also has other business interests. In retirement, he launched a business empire called Magic Johnson Enterprises, which is valued at over $1 billion today and has given Magic a personal net worth of $600 million. His $600 million net worth puts him head and shoulders above superstars like Steph Curry and Kevin Durant.

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According to various reports, Kevin Durant‘s net worth is around $200 million right now. Durant has also made a number of venture capital investments. He owns small stakes in a number of companies, including Postmates and investment app Acorns.

Stephen Curry’s net worth is estimated to be around $160 million. Steph has partnered with brands such as Under Armour, Nike, and TCL’s line of “Palm” phones. In terms of the Palm device, Curry is a leading investor who is intimately involved with testing and development. While Magic is still ahead of both of them, it may not take much time for Kevin and Steph to catch up to Magic’s net worth in the near future.