Magic Johnson Joins Washington Spirit Ownership

Magic Johnson’s Latest Power Move: Joining the Washington Spirit

Alright, hoop heads, buckle up! Magic Johnson just made another splash in the sports world, and it’s a big one.

Magic’s Newest Venture

So, here’s the scoop: Magic Johnson, the Lakers legend himself, is now part of the ownership group for the Washington Spirit. Yep, you heard that right. Michele King, who’s been steering the ship for the Spirit for over two years after buying the club for a cool $35 million, welcomed Magic to the team on CBS Mornings. This guy isn’t new to the ownership game either. He’s already got stakes in MLS’s LAFC, WNBA’s Sparks, MLB’s Dodgers, NFL’s Commanders, and was a founding member of Guggenheim Baseball Management. Talk about a portfolio!

Magic shared, “Michele and I met in Los Angeles and we clicked. We took off. It was a great conversation. When you think about what happened with the Olympics and the women’s soccer team dominated on the field, so the popularity of the game is exploding here in America."

Why Magic and Michele Click

Magic and Michele are on the same wavelength. They both have a vision for taking the Spirit to new heights, not just on the field but off it too. Magic emphasized, “I love to be in the ownership because it’s important that they see minorities in an ownership position, but the main thing, too, is I love helping the athletes transition from their sport to hopefully business or whatever they want to do after their time being an athlete.”

I think it’s awesome when owners care about their players’ futures. It’s not just about winning championships (though that’s pretty sweet too), but also about setting these athletes up for life after sports. And speaking of championships, the Spirit’s recent moves, like launching Kynisca Sports International Ltd, show they’re serious about growing women’s soccer globally.

Steph Curry’s Future Plans

Switching gears a bit, let’s talk about Steph Curry. The Warriors’ sharpshooter is already eyeing his post-NBA career, and guess what? Owning an NBA team is definitely on his radar. In a chat with CNBC’s Squawk on the Street, Curry said, “For me, that’s definitely on the table. I think I could do a pretty good job of helping sustain how great the NBA is right now and what it takes to run a championship organization.”

Curry’s got his hands in a lot of pots already. He runs Unanimous Media, a youth golf tour called Underrated, and a bunch of other ventures aimed at developing communities and young minds. But he knows he’s still got some unfinished business on the court before he hangs up his sneakers.

“For me, that’s definitely on the table,” Curry reiterated. “I think I could do a pretty good job of helping sustain how great the NBA is right now and what it takes to run a championship organization.”

Final Thoughts

So, what do you think? Will Magic’s involvement take the Spirit to the next level? And could you see Steph running an NBA team someday? Drop your thoughts below!

James Shotwell
James Shotwell
James, a dedicated writer for BasketballHour, holds a degree in English and Creative Writing. A genuine sports enthusiast and skilled betting advice provider, he writes engaging articles and valuable winning strategies for sports.

Related NBA News