How Many Teams Does Magic Johnson Own

Okay, friend. Grab your coffee. Let’s talk about Magic Johnson. The smile. The no-look passes. And his, uh, impressive collection of sports teams.

You’ve probably asked yourself: How many teams does Magic Johnson own? It’s a fair question. The guy seems to have his hands in every cookie jar in professional sports.

The Big One: The Dodgers

Let’s start with the elephant in the room. Or should I say, the championship in the room? Magic is a part-owner of the Los Angeles Dodgers.

He’s not the majority owner. That’s the Guggenheim group. But Magic is the face of that ownership crew. When the Dodgers won the World Series in 2020, Magic was right there, grinning like a kid who just stole a base. And a trophy.

Wait, Is That It? No Way.

One team is never enough for a legend. Magic also owns a piece of the Los Angeles Sparks. You know, the WNBA team? The one with all those titles?

He bought them back in 2014. And he didn’t just buy them to sit on a couch. He actively runs the show there. He’s a co-owner and a governor. Talk about commitment.

Let’s Talk Soccer (Because Why Not?)

Hold on. We’re not done. Magic also owns a slice of LAFC. That’s Major League Soccer. Los Angeles Football Club. He’s part of the ownership group.

Magic Johnson: Championship rings| Does own part of the dodgers

Do you even like soccer? Doesn’t matter. Magic does. And he’s got a front-row seat for all the beautiful goals. Two teams in L.A. plus soccer? The guy is a sports real estate mogul.

The Esports Curveball

Now, here’s where it gets weird. And fun. Magic is also an investor in Team Liquid. No, that’s not a laundry detergent. It’s a massive esports organization.

So, technically, he owns a team that plays video games. Can you imagine Magic screaming at a screen in a gaming chair? I can’t. But I love that he’s doing it. Four teams so far? We’re just getting started.

The NFL Situation

Alright, don’t get too excited. Magic does not own an NFL team. Not directly. But he tried! He was part of a group that wanted to buy the Washington Commanders recently.

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It didn’t work out. He lost out to Josh Harris. But the fact that he tried shows you his ambition. The man is like a sports team collector. He wants them all. Like Pokémon, but with more billionaire problems.

What About the Lakers?

Ah, the big one. The team he made famous. He played for the Lakers. He won five rings with the Lakers. He was the Lakers. But does he own them now?

Nope. He sold his minority stake in the Los Angeles Lakers back in 2010. Ouch. But don’t cry for him. He used that money to buy the Dodgers. Smart move, right?

So, he doesn’t own the Lakers anymore. But he’s still a legend there. You can’t own legacy, baby.

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So, Let’s Count, Shall We?

Let’s do the math on a napkin. I count: The Dodgers (MLB). The Sparks (WNBA). LAFC (MLS). And Team Liquid (Esports).

That’s four major sports properties he has a piece of. Four! That’s more teams than most people have pairs of shoes. And he’s not even a full-time athlete anymore. Show-off.

But Wait, There’s More (Sort Of)

Some people forget: Magic also ran a minor league baseball team for a bit. The Washington Nationals affiliate? No, that was a different guy. Magic was actually part of a group that owned a soccer team in the UK? No, that was David Beckham.

Let’s keep it simple. The main four. The big guns. He’s a sports portfolio at this point.

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And don’t forget his other businesses. The movie theaters. The coffee shops. The life insurance. The man is busy. But the teams? Those are his toys.

Why Does He Do It?

Why not? He has the cash. He has the smile. He has the connections. He’s Magic.

Owning teams is his second act. It’s like he said, “I already won basketball. Now I want to win ownership.” And honestly? He’s killing it.

So, the answer to your question is simple: He owns a piece of four teams. But with Magic, you never know. He might buy the Moon next week. If there’s a lunar league, he’s probably in.

Now, finish your coffee. I’m going to go check if he bought the Lakers back. Wouldn’t that be something?