Earvin "Magic" Johnson
Chairman and CEO, Magic Johnson Enterprises. On 1 show, 1 appearance. The Shows tab opens the full record on each.
athleteexecutiveinvestorfounder@MagicJohnson ↗magicjohnson.com ↗Wikipedia ↗Instagram ↗
After winning five NBA championships with the Los Angeles Lakers, he built a multi-billion-dollar business empire focused on economic development in underserved urban communities. His sports ownership portfolio includes stakes in the Los Angeles Dodgers, Washington Commanders, and Los Angeles Sparks.
1shows
1appearances
22statements
8resolved
6supported
0contradicted
75%fully supported
Everything Earvin "Magic" Johnson said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Magic Johnson: Dodgers generate highest revenue in Major League Baseball history
“We're making money that no major league baseball team has ever made on revenues.”
Magic Johnson: Dodgers bought for $2.2B are now worth $8B
“When we bought the Dodgers, 2.2 billion dollars. Well, everybody said we overpaid. Now it's eight billion.”
Magic Johnson: 'Boring' Businesses Outperform Trendy Startups in Consistent Growth
“The ones that are boring and people don't know about or care about, those are the ones who are on a consistent making money or going up. You have growth.”
Magic Johnson: Wealthy minorities historically failed to pass down business knowledge
“The downfall of minorities has been most of the rich people before us took the knowledge with them.”
Magic Johnson: Washington Commanders valuation will rise with new stadium
“The Commanders is two years old now. Six billion, and now that the new stadium, that's gonna go even up higher.”
Magic Johnson: Athletes and entertainers must hire advisors willing to say no
“Make sure you get a great team around you. And also, those can tell you no. See, they're not used to somebody telling them no.”
Magic Johnson: 1979 Nike equity offer would be worth over $1B today
“If I had a deal, did that deal in 1979, it'd be over a billion dollars.”
Magic Johnson: Actors and athletes are shifting from endorsements to equity deals
“You know, all these actors now are doing equity deals and still are taking the money, right? That's right. Creating their own brand. And making a lot of money. And then you see the same thing happening with the athletes and just everyday people too.”
Magic Johnson: Active athletes are now owning sports teams while still playing
“These guys are just doing they owning teams now while they're still playing.”
Magic Johnson: LA Sparks bought for millions, now worth $300M
“From now, the team is worth, like, three hundred million dollars and growing, right? And we, but we only paid a few million for the team.”
Magic Johnson: Dodgers group invested hundreds of millions into stadium upgrades
“When we bought the Dodgers, We put a couple hundred million into the fan experience, into the stadium. We had to increase the fan experience.”
Magic Johnson: Shohei Ohtani joined the Dodgers to reach the playoffs
“Why did old Tani? Leave the Angels to come to the Dodgers? He had never been in the playoff, and he wanted to be in the playoff. That's why he signed with the Dodgers”
Magic Johnson: High school athletes now earn hundreds of thousands via NIL
“Now NIL. Now, you know, high school players are getting paid a couple 100,000. College players getting paid millions of dollars”
Magic Johnson: Michael Ovitz reworked his NBA contract for free
“He reworked my contract to make me one of the highest paid in the NBA, But he did it, and then I said, well, how much I owe you? He said, I don't want nothing from you.”
Magic Johnson was an early investor in drone startup Skydio
“Here comes this opportunity with Scotio, and the drones, and, ah, to, ah, be able to be an early investor.”
Magic Johnson details his five-point checklist for startup founder evaluation
“Is it something that is not in the marketplace? Can we really look at this 10 years from now that it's going to still be here? It's going to still it has growth potential. Hopefully year, year in and year out. And then do we have a chance to exit or sail? You …”
Magic Johnson: Inner-city Starbucks and theater investments succeeded due to unmet demand
“Well, you think about the theaters, you think about Starbucks, all the things that, that we did, There was heavy demand for it in the inner cities, but nobody was going in there building them. So we, it was supply and demand, right? So we met that and man, eve…”
Magic Johnson: African American spending power reaches $1.4 trillion
“Right, and right now we're, what over a trillion, about 1.4 trillion dollars spending power between African Americans and Latinos is a couple trillion.”
Magic Johnson: MLS club LAFC is valued at $1.2 billion
“LAFC. Valuation over a billion dollars, I think, with one, two.”
Magic Johnson: Starbucks deal with Howard Schultz established his business legitimacy
“From the money that I did make from Howard Schultz and Starbucks, and again, thank you, Howard, because you, he made me legitimate. That Starbucks deal sealed the deal for me”
One line per show, most statements first. The link opens Earvin's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
 a16zLEDGER | Chairman and CEO, Magic Johnson Enterprises | 1 | 22 | 75% 6/8 | full record on the a16z Podcast → |