Magic Johnson’s shopping spree: His group buys the L.A. Sparks
Magic Johsnon is the ultimate example of the cross-over from pro-sports to success outside the court/ring/field, and he’s done it yet again. His Aan investment group led by controlling owner of the Los Angeles Dodgers, Mark R. Walter has bought the WNBA franchise Los Angeles Sparks.
This keeps the franchise in L.A. to play in the Staples Center. The team, which includes Dodgers co-owners Todd L. Boehly, Robert L. Patton and Stan Kasten are excited about the new deal:
“We are thrilled to welcome Magic Johnson and Mark Walter to the WNBA,” said WNBA president Laurel J. Richie. “With their proven track record in the business realm, their commitment to the city of Los Angeles through civic engagement, and their passion for the game of basketball, we look forward to partnering with our new owners to usher in a new era for this iconic team. This is a great day for Los Angeles, the Sparks franchise, its players, and of course, the loyal fans who have been so supportive of the team for 17 seasons.”
Magic is equally happy and thrilled about the opportunity.
“This is a great day for the city of Los Angeles and the Sparks,” Johnson said. “The leaders of this great city came together quickly to keep this franchise right where it belongs—in the city of Angels. Thanks to my sister, Evelyn, playing college basketball, I have a great appreciation of the talented players that represent the WNBA. Our group will now work together to bring our loyal fans another WNBA championship. “
Magic Johnson is a clear example of what to do after the professional sports career is over. While many athletes squander their money or don’t think about or plan for life after the game, Magic Johnson serves as a living blue print.
I hope more younger athletes take note of Magic’s successes, and start planning for theirs.
What do you think?
Your Jersey Girlfriend,