After Expressing Dislike for New Generation, $5.6 Billion Franchise Owner Magic Johnson Unveils Secret Business Recipe to Success

The NBA world has seen several players make their name in the business world. While some take up the role of coach, others decide to establish themselves as businessmen. Not to mention, there are several former NBA players who are successful business moguls now. But is there any secret to how they are thriving in this new world?

Magic Johnson recently revealed some interesting details about his transition from sports to business. The former NBA star sat for an interview with ‘Command Center’ and shared his experience about owning his first-ever NFL team, the Washington Commanders. He also dropped a bit of advice for the younger generation. Let’s find out more about it.

Magic Johnson talks about his business ethics

During the conversation, one of the hosts asked Johnson if his career as an athlete helped him in his business. People might be surprised to know about it, but the Lakers legend said that his knowledge as an athlete was instrumental in his business endeavors. 

He shared, “The same discipline I had as an athlete…..is the same discipline I must have as a businessman and then I am always prepared.”

Sharing his secret to thriving in business, he said, “And then I think the dedication… the hard work, my worth ethic has always been amazing so the same business ethic I take as a business as well, and last but not least is the same working attitude; I hate to lose.”

That’s what we all appreciate about him. He is part of the Josh Harris-led group that bought the $5.6 billion worth of NFL team, Washington Commanders. The legend also has major ownership stakes in 3 LA teams, The LA Dodgers (MLB), the LAFC (MLS), and LA Sparks (WNBA).

While his LA Sparks was not able to secure a position in the WNBA playoffs this year, the team won the championship back in 2016. With his latest deal, the legend is making waves in both the sports and business world.

READ MORE: “I Have Seen Michael Jordan Once & This..”: The Lionel Messi Effect Takes Over LA as Emotional Fans Join LeBron James, Magic Johnson & A-List Stars

What did Magic Johnson say about the new generation?

However, he once mentioned how he disliked some of the new-generation players who refused to take on the court. He revealed how fans were disappointed to see their favorite player sitting out of the game even when they were not injured.

Johnson’s annoyance with the resting players is understandable because, during his playing days, the scenario was quite different. He was passionate about winning and playing basketball, and did everything to have that moment on the court.

Johnson is seen to use the same attention to detail and competitive nature in his business. He once mentioned how he has always wished to venture into the business world after basketball. With his endeavors, he proved that an athlete can do wonders beyond their battlefields. 

WATCH THIS STORY: “He Passed That Sunday”: Shaquille O’Neal 66YO Buddy Reminisces the “Surreal” Moment When the World Lost NBA Legend, Kobe Bryant”