Magic Johnson Net Worth in 2023 (Bio, Career, Personal Life, Net Worth, Age, etc.)

Earvin “Magic” Johnson Jr. is an American former professional basketball player and former head of basketball operations for the National Basketball Association’s Los Angeles Lakers. Magic Johnson Net Worth is estimated to be approximately $620 Million.

Magic Johnson Net worth and profile in one glance

Biography of Magic Johnson

Early life

Earvin Johnson Jr. was born in Lansing, Michigan, to Earvin Johnson Sr., a GM assembly worker, and Christine, a school janitor.

Johnson was impacted by his parents’ strong work ethic, as he had six siblings and three half-siblings from his father’s previous marriage.

His mother spent several hours after work cleaning and preparing the next day’s meals, while his father worked as a janitor at a used car lot and collected rubbish, all while working full-time at General Motors.

Johnson would frequently assist his father on the garbage route, earning the nickname “Garbage Man” from the neighborhood kids.

Stepping stone into Magic Johnson Net Worth (Career)

Johnson was pursued by a number of top-ranked institutions, including Indiana and UCLA, but he chose to stay close to home.

His college choice was between Michigan and Michigan State University in East Lansing. He ultimately chose Michigan State after hearing from coach Jud Heathcote that he could play point guard.

He was also attracted to Michigan State because of the quality already on the squad.

Primary source of Magic Johnson Net worth (Basketball)

Johnson had no intention of playing professionally at first, preferring to concentrate on his communication studies major and his aim to work as a television pundit.

Johnson averaged 17.0 points, 7.9 rebounds, and 7.4 assists per game as a freshman, leading the Spartans to a 25–5 record, the Big Ten Conference title, and a berth in the 1978 NCAA Tournament.

He played with future NBA draftees Greg Kelser, Jay Vincent, and Mike Berkovich. The Spartans advanced to the Elite Eight but lost to eventual national champion Kentucky by a razor-thin margin.

Professional career

The Los Angeles Lakers selected Johnson first overall in 1979. What was “particularly wonderful” about joining the Lakers, according to Johnson, was the opportunity to play alongside Kareem Abdul-Jabbar, the team’s 7 ft 2 in (2.18 m) center who became the NBA’s all-time greatest scorer. Despite his domination, Abdul-Jabbar had yet to win a championship with the Lakers, and Johnson was anticipated to help them do it.

Even though incumbent Norm Nixon was already one of the greatest in the league, Lakers coach Jack McKinney had the 6-foot-9-inch (2.06 m) rookie Johnson play point guard, despite the fact that some pundits thought he should play forward.

Johnson was nominated to the NBA All-Rookie Team and started the NBA All-Star Game after averaging 18.0 points, 7.7 rebounds, and 7.3 assists per game this season.

Basketball executive career

Johnson took over as president of basketball operations for the Los Angeles Lakers on February 21, 2017, replacing Jim Buss.

Under Johnson’s leadership, the Lakers attempted to recruit numerous great players while also clearing out existing players, including future All-Star D’Angelo Russell, to free up salary-cap space.

In 2018, the team signed a four-year contract with free agency LeBron James, although attempts to trade for Anthony Davis during the 2018–19 season were unsuccessful.

During Johnson’s stint as an executive, the Lakers failed to make the playoffs. Johnson resigned from the Lakers at an unplanned news conference on April 9, 2019, citing his desire to return to his job as an NBA ambassador.

Personal life

Johnson’s first son, Andre Johnson, was born to Melissa Mitchell on February 20, 1981. Despite the fact that Andre was raised by his mother, he visited Johnson every summer and later worked as a marketing director for Magic Johnson Enterprises.

Johnson married Earlitha “Cookie” Kelly in a small wedding in Lansing in 1991, with Thomas, Aguirre, and Herb Williams among the guests.

Earvin III, Johnson and Cookie’s son, is openly gay and a celebrity on the reality show Rich Kids of Beverly Hills.

Elisa, the couple’s adopted daughter, was born in 1995. Johnson has a property in Beverly Hills and a beach house in Dana Point, California.

Conclusion

Magic Johnson is an extremely talented and well-known basketball player. Magic Johnson Net Worth serves as a source of motivation and inspiration for his fans. You may also like –Michael Jordan’s Net Worth.