June 23, 2017; Los Angeles, CA, USA; Los Angeles Lakers president of basketball operations Magic Johnson speaks to media before introducing newly drafted player Lonzo Ball at Toyota Sports Center. Mandatory Credit: Gary A. Vasquez-Imagn Images Gary A. Vasquez-Imagn Images

Lakers Legend Magic Johnson Reveals NBA Team He Wants To Buy

Originally posted on Fastbreak on SI | By Ben Stinar | Last updated Jul 26, 2025 1:17 AM ET

Magic Johnson is one of the best ten players in NBA history.

He has also had an extremely successful post-playing career with many business ventures (including sports teams).

Via Front Office Sports (on October 31, 2024): "Between his time as a player and as a team owner, Magic Johnson now has 15 championship rings."

Magic Johnson's portfolio includes:

• LAFC
• The LA Sparks
• The LA Dodgers
• The Washington Commanders, and more ⬇️https://t.co/xMRzvozPSL
— Front Office Sports (@FOS) October 31, 2024

Earlier this summer, Johnson made an appearance on ESPN's First Take.

Stephen A. Smith asked Johnson about getting back into the NBA.

Johnson: "I might have to bet back into the NBA... I'm interested in the Lakers, but I may be interested in somebody else, too, depending on who the owner is."

Smith: "Can you get a group together and steal them from the Knicks?"

Johnson: "If Dolan ever puts the Knicks up for sale, I'll be first in line."

Johnson would be a welcoming addition to a lot of teams as an executive (or part-owner).

Via Paul Balsom: "The way Magic Johnson became a billionaire is insane:

• Retired from the NBA in 1991
• Built a $26B insurance company
• Owns the Dodgers, LAFC, Sparks & Commanders

He used his name, not the game, to build a billion-dollar empire."

The way Magic Johnson became a billionaire is insane:

• Retired from the NBA in 1991
• Built a $26B insurance company
• Owns the Dodgers, LAFC, Sparks & Commanders

He used his name, not the game, to build a billion-dollar empire.

Here’s how he did it: pic.twitter.com/LKke2nIFm5
— Paul Balsom (@PaulBalsom) April 11, 2025