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Earvin Johnson was even more than a revolutionary player, who, at 6-foot-9, was the tallest point guard in league history. His sublime talent elicited wonder and admiration from even the most casual basketball fan. |
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1 NBA.com Contributors Legends profile: Magic Johnson |
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From the moment he stepped onto the court, people pondered: "How could a man so big do so many things with the ball and with his body? It was Magic." |
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1 NBA.com Contributors Magic changed the game of basketball |
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He said, "Magic changed the story line right away. We went from a guy who was -- we were going to watch him die -- well, two months later, he's playing basketball. |
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2 CBS Interactive Inc. 20 years since "Magic" Johnson's HIV Stunner |
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So right away, he changed it from the idea that you were going to wither away to the fact you could prosper." |
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2 CBS Interactive Inc. 20 years since "Magic" Johnson's HIV Stunner |
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His all-around play inspired the addition of the term "triple-double" to basketball's lexicon. |
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1 NBA.com Contributors Inspiration |
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You've got to chase your dreams." Johnson got his wish in June 1994, when he purchased a share of the Lakers and became a part-owner. |
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1 NBA.com Contributors Dream chasing |
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In 1995 Johnson got involved in another business venture, opening a chain of movie theaters in minority neighborhoods in the Los Angeles area, an enterprise he later took to other cities. |
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1 NBA.com Contributors Legends profile: Magic Johnson |
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"Magic is head-and-shoulders above everybody else," Larry Bird once observed in the Chicago Sun-Times. "I've never seen [anybody] as good as him." |
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1 NBA.com Contributors Legends profile: Magic Johnson |
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The 6’9”, 220-pound point guard—who won five NBA championships and a gold medal at the 1992 Olympics held in Barcelona—now juggles a plethora of business ventures from health centers to urban development projects. |
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3 Danielle Kwateng Decoding the Business of Earvin "Magic" Johnson |
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Once the basketball hall-of-famer realized his potential beyond the game, he created a plan for life off the court: build wealth, develop a series of lucrative partnerships and pass on the benefits for future generations. |
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3 Danielle Kwateng Decoding the Business of Earvin "Magic" |
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Magic Johnson and Los Angeles Dodgers chairman Mark Walter have partnered to buy the Los Angeles Sparks of the WNBA. |
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4 Ramona Shelburne Magic Johnson to own part of Sparks |
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A deal has been struck between the Dodgers and legendary Laker Magic Johnson's bidding group for the Dodgers and Dodger Stadium for $2 billion |
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5 Ken Gurnick Dodgers Sold to Magic Johnson's group |
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Johnson was named one of the 50 greatest players in NBA history in 1996, and was inducted into the Basketball Hall of Fame in 2002. |
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6 A&E Networks Magic Johnson Biography |
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He created Magic Johnson Enterprises, which has a variety of holdings. Much of his efforts have focused on developing urban areas, bringing Starbucks coffee franchises and movie theaters into underserved communities. In 2008, he shared his secrets for success with the book 32 Ways to be a Champion in Business. |
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6 A&E Networks Magic Johnson Biography |
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Johnson hoped that his popularity figure would help erase the stigma that is sometimes attached to those with AIDS |
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7 Sean Dolan Magic Johnson Basketball Great |
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He invested his money wisely, and profits from his sports apparel company and Pepsi-Cola distributorship brought in more millions. |
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“The second thing I learned is that if you want someone to be your mentor, you better be ready to listen and be humbled,” - See more at: http://www.success.com/article/magic-johnsons-fast-break-into-business#sthash.dcbzP5Bc.dpuf |
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he decided to begin a chain of retail sporting goods stores called Magic 32 that he intended to take nationwide. |
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8 Don Yaeger business after the NBA |
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Johnson’s basketball career included a national championship at Michigan State, five NBA championships with the Los Angeles Lakers and a gold medal with the “Dream Team” at the 1992 Olympics. |
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8 Don Yaeger Magic Johnson's fast break into business |
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Johnson’s company’s estimated net worth is in excess of $700 million, according to Forbes magazine, making him among the most successful former professional athletes ever to have transitioned into the world of business. |
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8 Don Yaeger Magic Johnson's fast break into business |
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Now Johnson’s company owns 125 Starbucks franchises. |
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8 Don Yaeger Magic Johnson's fast break into business |
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"Magic is head-and-shoulders above everybody else," Larry Bird once observed in the Chicago Sun-Times. "I've never seen [anybody] as good as him." |
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1 NBA.com Contributors Legends profile: Magic Johnson |
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He also began a campaign to promote AIDS awareness, an effort for which he received the league's J. Walter Kennedy Citizenship Award. |
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1 NBA.com Contributors Legends profile: Magic Johnson |
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But he wasn't through with the NBA. After sitting out 4 1/2 seasons he made a comeback late in the 1995-96 campaign, playing the final 32 games of the regular season for the Lakers. By then he had bulked up to 255 pounds and did as much of his playing at power forward as he did at guard. After the Lakers were ousted by Houston in the First Round of the 1996 playoffs, Johnson retired once again. |
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1 NBA.com Contributors Legends profile: Magic Johnson |
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In 1996-97, Johnson was selected to the NBA's 50th Anniversary All-Time Team. In 2002, he was inducted into the Naismith Memorial Basketball Hall of Fame. |
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1 NBA.com Contributors Legends profile: Magic Johnson |
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"Magic Johnson Biography." Bio.com. A&E Networks Television, n.d. Web. 26 Mar. 2014. |
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"NBA.com: Magic Johnson Bio." NBA.com: Magic Johnson Bio. N.p., n.d. Web. 25 Mar. 2014. |
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Dolan, Sean. Magic Johnson, Basketball Great. New York: Chelsea House, 1992. Print. |
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Magic's Net worth is $500 million. |
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Magic's Net Worth 9 Making Millions |
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"Magic Johnson's Fast Break Into Business." SUCCESS. N.p., n.d. Web. 01 Apr. 2014. |
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|, Ramona Shelburne. "Magic Johnson to Own Part Of Sparks." ESPN. ESPN Internet Ventures, 05 Feb. 2014. Web. 01 Apr. 2014. |
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"20 Years since "Magic" Johnson's HIV Stunner." CBSNews. CBS Interactive, n.d. Web. 01 Apr. 2014. |
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Johnson, Earvin, and William Novak. My Life. New York: Random House, 1992. Print. |
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He is CEO of Magic Johnson Enterprises which owns radio stations, movie theaters, magazines, real estate, a cable network, a bank, a minor league and a major league baseball team, partnerships with restaurants, Sony, Aetna, Best Buy and more. |
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10 CNN Library Business Owner |
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Johnson is also chairman and CEO of the Magic Johnson Foundation which was created to assist in the fight against HIV/AIDS through awareness, prevention and education |
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10 CNN Library Chairman of own company |
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Earns the nickname "Magic" after a game his sophomore year of high school, in which he amasses 36 points, 18 rebounds and 16 assists. Lansing State Journal sportswriter Fred Stabley, Jr. is the first to call him Magic. |
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10 CNN library IT's All Magic |
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At 20 years old, Johnson is the youngest and the first rookie named Finals MVP. The Lakers win 4-2 over the Philadelphia 76ers. |
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10 CNN Library Making History |
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1987, MJ Enterprises is founded. Johnson is chairman and CEO. |
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10 CNN Library Founder of company |
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November 7, 1991 - In a nationally televised press conference Johnson announces he is HIV positive and is retiring from the Lakers effective immediately. |
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10 CNN Library The Announcement |
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November 1991 - Establishes the Magic Johnson Foundation which "works to develop programs and support community-based organizations that address the educational, health and social needs of ethnically diverse, urban communities." |
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10 CNN Library Establishes another Company |
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February 16, 1992 - The Lakers officially retire his number 32 jersey. |
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10 CNN Library Jersey gets retired |
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September 29, 1992 - Announces he will come out of retirement and play in the 1992-1993 season for the Lakers. |
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10 CNN Library Comes out from his retirement |
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October 1996 - Buys back the minority share of the team he sold to majority owner Jerry Buss earlier in the year. |
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10 CNN Library Part Lakers Owner |
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September 27, 2002 - Is inducted into the Naismith Memorial Basketball Hall of Fame in Springfield, Massachusetts. Larry Bird introduces him. |
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10 CNN Library Inducted into the hall of fame |
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November 4, 2009 - "When the Game Was Ours," a book co-authored by Johnson and Larry Bird, is released. |
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10 CNN LIbrary Writes his own book |
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October 2010 - Sells his shares of the Lakers. |
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10 CNN Library Not a part owner anymore |
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June 2012 - Launches a new cable television network, Aspire. |
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10 CNN Library Launches tv network |
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"That's why the MVP meant so much. As a team player, I had accomplished everything there was to accomplish, but as an individual, something was missing. |
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11 Magic Johnson's biography MVP chase |
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Magic Johnson Enterprises, which has a variety of holdings. Much of his efforts have focused on |
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Definition
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Term
he also began a campaign to promote AIDS awareness, an effort for which he received the league's J. Walter Kennedy Citizenship Award. |
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Definition
8 NBA.com Contributors Legends profile: Magic Johnson |
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He continued to play basketball even though he had HIV |
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Definition
8 Don Yaeger Magic Johnson's fast break into business |
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Point guards are starting to be bigger because of Magic Johnson and his impact on the game. |
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2 CBS Interactive Inc. 20 years since "Magic" Johnson's HIV Stunner |
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He went through a lot of diversity when he announced he had HIV and still played. |
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Definition
2 CBS Interactive Inc. Overcoming challenges |
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"Karl Malone said that he didn't want me to still play and refused to play me." |
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2 CBS Interactive Inc. Facing DIversity |
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Everyone on the "Dream team" Looked up to him and he was a leader to them. |
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2 CBS Interactive Inc. Leader |
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You've got to chase your dreams." Johnson got his wish in June 1994, when he purchased a share of the Lakers and became a part-owner. |
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Definition
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Term
A deal has been struck between the Dodgers and legendary Laker Magic Johnson's bidding group for the Dodgers and Dodger Stadium for $2 billion |
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Definition
10 CNN Library Business Owner |
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Term
"Magic is head-and-shoulders above everybody else," Larry Bird once observed in the Chicago Sun-Times. "I've never seen [anybody] as good as him." |
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Definition
10 CNN Library Making that Pound Cake |
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Term
Johnson’s basketball career included a national championship at Michigan State, five NBA championships with the Los Angeles Lakers and a gold medal with the “Dream Team” at the 1992 Olympics. |
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Definition
1 NBA.com Contributors Winner |
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But he wasn't through with the NBA. After sitting out 4 1/2 seasons he made a comeback late in the 1995-96 |
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Definition
3 Danielle Kwateng Stacks everywhere |
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He was a sports analysis for several years on ESPN |
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Definition
4 Ramona Shelburne Magic Johnson to own part of Sparks |
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In 1995 Johnson got involved in another business venture, opening a chain of movie theaters in minority |
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Definition
10 CNN Library Business Owner |
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purchasing an ownership share in the Lakers and forming a team that played games around the world to benefit charities. |
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4 Ramona Shelburne Owner of companies |
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He had nine siblings in his family growing up. |
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11 Magic Johnson's biography Big Family |
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"He was bigger than most of his teammates, but had the court vision better than everybody. |
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11 Magic Johnson's biography Size matters |
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When he announced his news, HIV had a different title on it because a celebrity had it. |
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11 Magic Johnson's biography Changer |
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He played on the Los Angeles Lakers his whole career. He got his jersey retired. |
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11 Magic Johnson's biography Loyalty |
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Part owner of a lot of companies and part owner of the dodgers. |
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11 Magic Johnson's biography BIg money |
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Hall of Famer and arguably the best to ever play the game. |
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10 CNN Library Business Owner |
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He has the best doctors and medicine for his HIV |
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Definition
10 CNN Library Business Owner |
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Johnson hoped that his popularity figure would help erase the stigma that is sometimes attached to those with AIDS |
|
Definition
|
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Term
He also began a campaign to promote AIDS awareness, an effort for which he received the league's J. Walter Kennedy Citizenship Award. |
|
Definition
|
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Term
Magic Johnson and Los Angeles Dodgers chairman Mark Walter have partnered to buy the Los Angeles Sparks of the WNBA. |
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Definition
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Term
His all-around play inspired the addition of the term "triple-double" to basketball's lexicon. |
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Definition
10 CNN Library All around player |
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Term
Once the basketball hall-of-famer realized his potential beyond the game, he created a plan for life off the court: build wealth, develop a series of lucrative partnerships and pass on the benefits for future generations. |
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Definition
10 CNN Library Basketball is life to him |
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Term
Johnson is also chairman and CEO of the Magic Johnson Foundation which was created to assist in the fight against HIV/AIDS through awareness, prevention and education |
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Definition
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Term
A deal has been struck between the Dodgers and legendary Laker Magic Johnson's bidding group for the Dodgers and Dodger Stadium for $2 billion |
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Definition
8 Don Yaeger Magic Johnson's fast break into business |
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Term
"He was bigger than most of his teammates, but had the court vision better than everybody. |
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Definition
8 Don Yaeger Eye Vision everywhere |
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Term
At 20 years old, Johnson is the youngest and the first rookie named Finals MVP. The Lakers win 4-2 over the Philadelphia 76ers. |
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Definition
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Term
He invested his money wisely, and profits from his sports apparel company and Pepsi-Cola distributorship brought in more millions. |
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Definition
8 Don Yaeger Save your money |
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Term
Earvin Johnson was even more than a revolutionary player, who, at 6-foot-9, was the tallest point guard in league history. His sublime talent elicited wonder and admiration from even the most casual basketball fan. |
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Definition
8 Don Yaeger Bigger than most |
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Term
he decided to begin a chain of retail sporting goods stores called Magic 32 that he intended to take nationwide. |
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Definition
8 Don Yaeger Chain reaction |
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