Magic Johnson

Shaquille O’Neal, the former Los Angeles Lakers star, wants a $50 million payout from the team following its recent sale. O’Neal, who was a key player in the Lakers’ success, believes he is entitled to a share of the $10 billion sale due to his contributions to the team’s...

The Milken Institute's 28th annual Global Conference began on Sunday and will run through May 7 at the Beverly Hilton in Los Angeles. What Happened: Held under the theme “Toward a Flourishing Future,” the event features more than 1,000 speakers and 5,000 attendees from over 80 countries...

In recent years, several NBA players have transcended their on-court prowess to become savvy investors, particularly in technology startups, franchises, and health and wellness companies. These moves diversify their income streams and set them up for long-term financial success. Shaquille O’...

A virtual sports league for daily fantasy and esports announced a partnership Tuesday with Immutable, one of the world’s top Web3 gaming platforms. What Happened: SimWin Sports announced a strategic partnership with Immutable Tuesday that will help the company grow in the Web3 gaming...

Jeff Bezos, one of the richest people in the world, is passing at the opportunity to bid on a National Football League (NFL) team. Here’s a look at where the sale process of the Washington Commanders currently stands and what Bezos could have his eyes on instead. What Happened: The Washington...

Canadian-born actor Ryan Reynolds could be the latest celebrity owner of a North American sports team. Here’s the latest rumor in celebrity team ownership and which team Reynolds has his eye on. What Happened: Actor and production company owner Ryan Reynolds is interested in buying the Ottawa...

Earvin "Magic" Johnson officially dived into the CBD business in 2020 with plans to make a big splash. The uber-famous basketball star became a financial partner to Uncle Bud’s, a hemp and CBD brand that sells more than 70 products across more than 15,000 retailers in the...

Interview by Javier Hasse. Article by Henry Khederian. During a recent conversation around his involvement in CBD company Uncle Bud’s, Earvin “Magic” Johnson — a five-time NBA champion and three-time NBA Finals MVP — found some time to discuss the basketball...

Interview by Javier Hasse. Article by Henry Khederian. Earvin “Magic” Johnson says it's evident that companies across America have been making efforts to support people of color and the black community throughout 2020. “I think that you’re seeing more...

NBA legend Magic Johnson and billionaire entrepreneur Mark Cuban are reaching out to minority business owners who are struggling to navigate coronavirus shutdowns. What Happened? Johnson’s Magic Johnson Enterprises has partnered with MBE Capital partners to provide $100 million in loans...

The only thing more exciting than the NBA playoffs might just be the NBA offseason. LeBron James' decision to join the Los Angeles Lakers in an unprecedented four-year deal broke an NBA Twitter volume record of 56,000 tweets per minute. Amid the speculation surrounding a Lakers turnaround, the...

LeBron James lost his fifth NBA Finals, but it surely wasn't due to a lack of effort, as he became the first player ever to average a triple-double in the NBA Finals series. Despite his incredible performance, the Golden State Warriors simply had too many weapons. This was a team that went 73-9...

Los Angeles Lakers fans couldn’t be more thrilled by the team’s latest move, and it wasn’t on the court. Laker legend Magic Johnson has been named the President of Basketball Operations as longtime general manager Mitch Kupchak was fired. Johnson has already made a splash in his...

These days, professional athletes earn some of the largest paychecks in the world. However, the average pro sports career typically lasts only 3-6 years. Unfortunately, many of the highest paid pro athletes make headlines after they retire for mismanaging their money. But a handful of pro...

After a heated Wednesday, where presumptive presidential candidates Hillary Clinton and Donald Trump dissed each other in public speeches, Clinton’s campaign decided to release a list of important supporters. On Thursday, the Clinton campaign committee made public a list of endorsements...