Magic Johnson Net Worth

Magic Johnson Net Worth: NBA Career, Magic the Entrepreneur & Salary Highlights!

Here we talk about the net worth of Magic Johnson. In this article, we are telling about net worth & salary. We are also telling you about their early life, personal life & so many things. In today’s piece, we’ve discussed every aspect of Magic Johnson career. Please continue scrolling down!

Contents

What are Magic Johnson Net Worth, Salary, and Career Earnings?

Former NBA star and business mogul Earvin “Magic” Johnson Jr. is worth an estimated $620 million. He had already won high school and collegiate basketball titles before being taken first overall by the Los Angeles Lakers in the 1979 NBA Draft.

He spent 13 years as a starting point guard for the Los Angeles Lakers. In his first year in the league, he was named MVP of the NBA Finals and won the championship. After his time with the Lakers, Johnson became their president of basketball operations. Please check this Lauren Boebert Net Worth

NBA Career

The Los Angeles Lakers choose Magic with the first overall pick in the 1979 NBA draught. Magic and Kareem Abdul-Jabbar led the Lakers to the NBA title in his rookie year, and Magic was awarded the Finals MVP.

Magic led the Lakers to NBA glory on five separate occasions (1980, 1982, 1985, 1987, and 1988). In 1980, 1982, and 1987, he was the most valuable player in the NBA Finals.

In 1987, 1989, and 1990, he was named NBA MVP all three years. In his career, he made it to the All-Star game 12 times and twice won the game’s most valuable player award. They say he’s the best point guard in NBA history. please read also Charles Barkley Net Worth

In 1991, Magic contracted HIV, effectively ending his career.

In the latter part of the 1993–1994 NBA season, Magic returned to the league as the head coach of the Los Angeles Lakers. At team owner Jerry Buss’s suggestion, he took over for Randy Pfund and Bill Bertka.

After a promising start to the season (five wins in their first six games) the Lakers’ play dropped off and Johnson announced his resignation as coach. The season concluded with a ten-game losing skid for the Lakers, and Johnson was fired with a 5-11.

After admitting that coaching was never his ultimate career goal, he instead bought a 5% stake in the squad in June 1994. please read also François-Henri Pinault Net Worth

Magic Johnson, at 36 years old, tried to make a comeback as a player and re-signed with the Lakers for the 1995–96 season. The Lakers were 22-10 in his final season and Johnson called it a “success.” After the Lakers were eliminated in the first round of the playoffs by the Houston Rockets, Johnson decided to call it quits for good.

Johnson played in 905 games for the NBA, scoring 17,707 points, grabbing 6,559 boards, and dishing out 10,141 assists, good for 19.5 points, 7.2 boards, and 11.2 assists per game on average. His assist average is the greatest in NBA history.

Johnson has the most postseason assists and is tied for the most playoff assists in a game with Kobe Bryant (2,346). Six times in the NBA Finals, he led the team in assists and is the only player to do so. Both the All-Star Game record for most assists in a single game and the All-Star Game record for most assists in a career (50) is his (127).

Salary Highlights

Magic’s career earnings totaled slightly over $18 million, including his salary and endorsement deals worth several million more.

Magic Johnson Net Worth
Magic Johnson Net Worth

Real Estate

In the exclusive Beverly Park neighborhood of Beverly Hills, Johnson and his wife have their own home. Furthermore, the pair has a beach property in Dana Point, Orange County, California, that is decorated in the Tuscan style.

Napili, Hawaii was too far away for the couple to visit when their kids were little, so they traded it for a beach house around 75 miles south of Beverly Hills. please check also Harrison Ford Divorce

Conclusion

If you are a fan of the series “Magic Johnson Net Worth is a must-watch. The series is about a celebrity  & his personal life details that will make you go “Geeeeez” while watching it (even if you don’t like this expression).

Its high-quality graphics make it mesmerizing, along with animation effects. It will engage you for hours, so if you have not watched it yet, do watch it, & let me know how much you like it in the comment section.

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