The Highest Paid Sports Coaches In The World
Magic Johnson – Former Basketball Player and Team Owner, $600 Million Net Worth
Forbes
As any sports fan can tell you, basketball legend Magic Johnson made his name as one of the most famous players in the Los Angeles Lakers’ history. However, after retiring in 2000, Johnson realized he wanted to remain involved in the sports world. And what better way to do so than investing in some of his favorite teams?
First, in 2012, Johnson, along with other investors like movie executive Peter Guber, purchased the Los Angeles Dodgers for a whopping $2 billion. Then, just two years later, he also purchased the Los Angeles Sparks basketball team. Thanks to these, and many other investments, Johnson’s net worth now sits at $600 million.
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