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He returned to the NBA as coach of the Lakers near the end of the NBA season, taking the reins for a team that had a overall record. Magic would later make his return as a player for the Lakers season before hanging up his playing shoes for good.
Doing huge dreams we have never done can be frightening. Yet when we push to the edges of our limits, our limits expand. Magic Johnson is a retired American professional basketball player, counted among the greatest basketball players of all time.
Johnson is famous for his powerful arms, agility, and speed that helped him become one of the most formidable players in the world during the s.
Emmy Wallin is a writer for Wealthy Gorilla. She is a young Swedish girl from Uppsala, who is currently traveling around the world. Magic Johnson joined Shaquille O'Neal and celebrity coach Spike Lee to lead the blue team to a — victory over the white team, which was coached by Arsenio Hall.
Let's leave it at that. The Lakers finished the season on a ten-game losing streak, and Johnson's final record as a head coach was 5— At the age of 36, Johnson attempted another comeback as a player when he re-joined the Lakers during the —96 NBA season.
During his retirement, Johnson began intense workouts to help his fight against HIV, raising his bench press from to pounds, and increasing his weight to pounds.
Coming off the bench, Johnson had 19 points, 8 rebounds, and 10 assists to help the Lakers to a — victory. Cedric Ceballos , upset over a reduction in his playing time after Johnson's arrival, left the team for several days.
Johnson was publicly critical of Van Exel, saying his actions were "inexcusable. He also missed several games due to a calf injury. Although they were facing the defending NBA champion Houston Rockets , the Lakers had home court advantage in the five-game series.
The Lakers played poorly in a Game 1 loss, prompting Johnson to express frustration with his role in coach Del Harris ' offense. After the Lakers lost to the Houston Rockets in the first round of the playoffs ,  Johnson initially expressed a desire to return to the team for the —97 NBA season , but he also talked about joining another team as a free agent, hoping to see more playing time at point guard instead of power forward.
Although he played in a celebrity game to honor coach Jud Heathcoate in ,  this was Johnson's first meaningful game played in his hometown of Lansing in 22 years.
Playing in front of a sold-out arena, Johnson had a triple-double and played the entire game, but his all-star team lost to the Spartans by two points.
Johnson's half court shot at the buzzer would have won the game, but it fell short. Playing with the Canberra Cannons of Australia's National Basketball League instead of his usual group of players, Johnson's team defeated the Spartans —85, as he scored 12 points, with 10 assists and 10 rebounds.
The franchise reached an agreement with free agent LeBron James on a four-year contract in , but efforts to trade for Anthony Davis during the —19 season proved unsuccessful.
The Lakers did not reach the playoffs during Johnson's executive tenure. Johnson first fathered a son in , when Andre Johnson was born to Melissa Mitchell.
Although Andre was raised by his mother, he visited Johnson each summer, and later worked for Magic Johnson Enterprises as a marketing director.
Johnson is a Christian  and has said his faith is "the most important thing" in his life. The game was played at a gym inside Fort McNair , and reporters covering the president were not allowed to enter.
The basketball game was part of festivities organized to celebrate Obama's 49th birthday. Magic Johnson had an extremely close relationship with Lakers owner Jerry Buss , whom he saw as a mentor and a father figure.
Speaking to media just hours after Buss had died, Johnson was emotional, saying, "Without Dr. Jerry Buss, there is no Magic.
In addition to playing 13 seasons for the Lakers and coaching the team briefly in , Johnson also had an ownership stake in the team for nearly twenty years.
Buss took a special interest in Johnson, introducing him to important Los Angeles business contacts and showing him how the Lakers organization was run, before eventually selling Johnson a stake in the team in Buss supported Johnson as he revealed his diagnosis of HIV in , and he never hesitated to keep Johnson close to the organization, bringing him in as part-owner, and even as a coach.
Johnson had never seriously considered coaching, but he agreed to take the head coaching position with the Lakers in at Buss' request.
Although Johnson's retirement prior to the —93 NBA season voided this contract, Buss insisted that he still be paid. In , his production company Magic Johnson Entertainment signed a deal with Fox.
Johnson began thinking of life after basketball while still playing with the Lakers. He wondered why so many athletes had failed at business, and sought advice.
Ovitz encouraged him to start reading business magazines and to use every connection available to him. Johnson learned everything he could about business, often meeting with corporate executives during road trips.
Johnson has become a leading voice on how to invest in urban communities, creating redevelopment opportunities in underserved areas, most notably through his movie theaters and his partnership with Starbucks.
He went to Starbucks CEO Howard Schultz with the idea that he could successfully open the coffee shops in urban areas. After showing Schultz the tremendous buying power of minorities, Johnson was able to purchase Starbucks stores, which reported higher than average per capita sales.
Johnson sold his remaining interest in the stores back to the company in , ending a successful twelve-year partnership.
In , Johnson and Earl Graves Sr. PepsiCo bottling operation, making it the company's largest minority-owned facility in the U.
He also held the title of team vice president. In the wake of the Donald Sterling controversy, limited media reports indicated that Johnson had expressed an interest in purchasing the Los Angeles Clippers franchise.
He is an investor for aXiomatic eSports, the ownership company of Team Liquid. While Johnson is considered the leader of the ownership group, the controlling owner is Mark Walter, chief executive officer for Guggenheim Partners.
Johnson is a supporter of the Democratic Party. In , he publicly endorsed Phil Angelides for Governor of California ,  in he supported Hillary Clinton in her presidential campaign ,  and in he endorsed Barbara Boxer in her race for re-election to the U.
After announcing his infection in November , Johnson created the Magic Johnson Foundation to help combat HIV,  although he later diversified the foundation to include other charitable goals.
Johnson left after eight months, saying that the White House had "utterly ignored" the work of the panel, and had opposed the commission's recommendations, which included universal healthcare and the expansion of Medicaid to cover all low-income people with AIDS.
HIV had been associated with intravenous drug users and homosexuals,  but Johnson's campaigns sought to show that the risk of infection was not limited to those groups.
Johnson introduced a fast-paced style of basketball called " Showtime ", described as a mix of "no-look passes off the fastbreak , pin-point alley-oops from halfcourt , spinning feeds and overhand bullets under the basket through triple teams.
Then one of our guys catches the ball and scores, and I run back up the floor convinced that he must've thrown it through somebody. Johnson asserted that for him, the game regular season was composed of 80 normal games, and two Lakers—Celtics games.
Similarly, Bird admitted that Johnson's daily box score was the first thing he checked in the morning. Despite their on-court rivalry, Johnson and Bird became close friends during the filming of a Converse shoe advertisement that depicted them as enemies.
The book detailed their on-court rivalry and friendship with one another. Johnson's autobiography is Johnson, Earvin Magic Johnson: My Life.
Random House. Other biographies include:. From Wikipedia, the free encyclopedia. American professional basketball player. Two moments of Johnson during his tour with the All-Stars to Argentina in January left greeting a local player; right hugging soccer superstar Diego Maradona.
See also: List of career achievements by Magic Johnson. See also: Lakers—Celtics rivalry. In , he made a public announcement of his HIV status and his wish to retire from the sport as a result.
Since then, he has resolved to more recreational basketball and coaching and is a well-known philanthropist. Magic Johnson formally retired from professional basketball in This marked the beginning of his next chapter in life: entrepreneurship.
Back then, NBA players were not as highly paid as they are now. The first thing he did was to buy a 4. Through Magic Johnson Enterprises, the basketball legend progressed to make even more profitable investments.
In , he had also partnered with Starbucks to avail the coffee chain in economically-disadvantaged neighborhoods. But I do motivate the people working with and for me.
Earvin is who I am. I talk to a lot of CEOs of hospitals. It is working. And I got my personality from my mother.
So that means supplying jobs and letting blacks understand that we have to build our communities back, not looking to anybody else.
They have done an incredible job. We as heterosexuals need to learn from the gay community because they have rallied together.
They have sent a lot of information out there. They go get tested. When I work, I'm on. I'm 'Magic. Remember that. They want to laugh and cry and feel good.
I'm sure basketball brought my shyness out because of the fact that you have to do interviews, and that people are always talking to you in terms of the fans and everything.
I make sure I get a lot of vegetables, a lot of fruit. I am a big fruit man, I am a vegetable man anyway. And I also get a lot of rest. That's the key I may be up early, but I'm in bed early too.
The second year was a little bit easier, but still difficult. It took me five years to get it out of me.
It was a difficult moment, a difficult time. I didn't know that. So the ball's coming at me and I start backing out, and then it broke inside.
And the umpire says, 'Strike one! It almost hit me! I am a big fruit man; I am a vegetable man, anyway.
I still support him; I still love him. I mean, I have seen everybody. I went on tour with Michael Jackson and the Jacksons four or five times.
Scott down in Florida accepted ObamaCare, because it will work. Magic was crowned the most outstanding player of the final four.
Magic had a very successful basketball career. He played for the LA Lakers for 13 seasons winning 5 championships for them. Recognized as the greatest point guard of all time, he has 3 MVP awards and 12 all-star appearances.
After contracting HIV in , he retired 5 years later in and was honored as one of the 50 greatest players in NBA history that year.
During these periods, he played the all-star game, won the MVP and played 32 games for the Lakers.
In , he became the second person to receive the Sportsman of the Year Legacy Award as well as one of the NBA athletes that received the highest attention on social media.
Magic Johnson has impressive business acumen. He credits his father for his inspiration to dabble in business.
His father did not believe in handouts. Magic had to earn money if he wanted to spend. His father also inspired his interest in basketball, having exposed him to the game at a tender age.
Some of the businesses owned by the enterprise are; Magic Johnson Theaters, a promotional marketing company, and a movie studio. He did this via Canyon and Yucaipa Johnson funds.
Magic got a deal with Sodexho, which is the largest food services and facilities management company in the entire world. In , he bought 4.
Despite suffering from a life-threatening disease, Magic has managed to keep his focus on his numerous business endeavors which have brought him incredible wealth.
His earning is set to increase over time as he expands his business empire. Magic and Cookie met while they were both studying at Michigan State and later got married in September7/29/ · Magic Johnson’s net worth is $ million as of Magic Johnson was born on August 14, , to Mr. Earvin Johnson Snr. and his wife, Christine. His parents both loved and played basketball when they were young and Magic must have picked the talent from them. Magic Johnson Net Worth $ Million. Magic Johnson became interested in basketball at a very young age. His favorite players were Earl Monroe, Bill Russell and Marques Haynes, and Magic trained very hard to be like them, and soon became one of the best players in school. However, not all his memories from high school are pleasant ones, as when. From Magic Johnson Theaters and Starbucks to Simply Healthcare and The Dodgers, MJE is a measurable success factor in achieving significant return on investment. View Case Studies. Discover Magic Magic. Latest Updates View All. 08/27/ MAGIC JOHNSON’S EQUITRUST, MBE PARTNERS, AND CARVER BANK TO FUND $ MILLION IN PPP LOANS.