In a stunning power move, basketball legend Magic Johnson has expanded his already-impressive business empire by taking a stake in the NFL’s Washington Commanders. The NFL owners’ unanimous approval of the record-breaking $6.05 billion sale, led by Magic and billionaire Josh Harris, solidifies Johnson’s position as a major player in the sports business world.
Strikingly, the business tycoon aims to break the stereotype that sports stars can’t excel in business. Johnson cites the example of Patrick Mahomes for the dominance not only on the field but also in the business world, as he revealed in an interview with Los Angeles Times.
Magic Johnson presenting the Patrick Mahomes case
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For Magic, the NFL venture is nothing short of a game-changer – he admits, “It’s the biggest thing I’ve done in my life,” during a conversation with NBC’s Craig Melvin. But it’s not just about money and success; it’s also about breaking barriers. Johnson has been mentoring athletes, rappers, and entertainers to show that dominance on the court can translate to success in the boardroom.
Determined to debunk the myth that success is limited to the court or the field, Magic proudly points to shining examples like Patrick Mahomes, LeBron James, and Michael Jordan, who have demonstrated their prowess both in sports and in the business domain.
“I also want to dispel the myth that we can dominate on the court or on the field but we can’t dominate in business. I wanted to dispel that myth.” Per Los Angeles Times’ recent report. “You see what [Kansas City quarterback] Patrick Mahomes is doing. You see what LeBron is doing. Michael Jordan. Junior Bridgeman. That’s just to name a few.”
No doubt, with his winning spirit ingrained in his very DNA, Magic’s presence brings an electrifying excitement to the Commanders, knowing they have one of basketball’s greatest winners on their side.
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Winning embedded in Johnson’s very DNA
With Magic’s unparalleled winning DNA, his involvement promises an exhilarating journey for the Commanders. From his triumph at Michigan State in 1979 to guiding the Showtime Lakers to five NBA championships, Magic has etched his name in history as a true champion.
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Now, with his magic touch, the Washington Commanders are destined for greatness on and off the field. In football, as in basketball, Magic Johnson’s impact is legendary, and the Commanders’ future looks brighter than ever with him in their corner.