Gavin Newsom announced today an initiative to help rebuild Los Angeles after the recent fires. Dubbed L.A. Rises, the effort will be led by high-profile sports and entertainment leaders, including Magic Johnson,
As part of the new Washington Commanders' ownership group, Magic Johnson shares some final thoughts on the second season.
Few people understand what it takes to reach the championship mountaintop in sports better than Magic Johnson, and the NBA legend wasn't thrilled
Magic Johnson is closing in on a Vince Lombardi Trophy. The NBA and Los Angeles Lakers legend added NFL ownership to his growing portfolio in 2023 as one of the minority partners in Josh
LAFC was founded in 2014 as a new MLS expansion team to compete with the LA Galaxy, and it immediately had a star-studded ownership. Bennett Rosenthal is the lead managing owner, while Brandon Beck and Larry Berg are co-managing owners, but the full group goes beyond those three.
After the Commanders lost in the NFC Championship game vs. the Eagles, part-owner Magic Johnson went to social media to show his team pride.
The private-sector initiative received a $100 million commitment from LA Dodgers Chairman Mark Walter, his family foundation and the LA Dodgers Foundation.
Lakers great Magic Johnson and Dodgers chairman Mark Walter are part of an initiative to rebuild Los Angeles after the deadly January wildfires.
Most notable among the minority owners of the Commanders is Lakers legend Magic Johnson. He owns 4% of the Commanders, investing $242 million to purchase the stake. The 65-year-old has also invested in the Los Angeles Dodgers, Los Angeles Sparks and LAFC.
Commanders minority owner Magic Johnson has never shied away from airing out his thoughts after a big game, and he did just that in the aftermath of the conference title game. Johnson admitted he was "mad" about the loss, but classily congratulated the Eagles on their victory.
Gov. Gavin Newsom said LA Rises, a new private-sector philanthropic initiative, will work with the city, county and the state to support the rebuilding of Los Angeles. Mark Walter and the Dodgers will provide up to $100 million.