Editing Magic Johnson (section)

== Team ownership ==
In January 2012, Johnson joined with [[Guggenheim Partners]] and [[Stan Kasten]] in a bid for ownership of the [[Los Angeles Dodgers]] baseball team.<ref>{{cite news |url=https://www.latimes.com/archives/la-xpm-2011-dec-02-la-sp-1203-plaschke-magic-dodgers-20111203-story.html |title=Magic Johnson leads dream team bidding for Dodgers |last=Plaschke |first=Bill |date=December 2, 2011 |work=Los Angeles Times|access-date=May 17, 2022|archive-date=May 17, 2022|archive-url=https://web.archive.org/web/20220517195140/https://www.latimes.com/archives/la-xpm-2011-dec-02-la-sp-1203-plaschke-magic-dodgers-20111203-story.html|url-status=live}}</ref> In March 2012, Johnson's ownership group was announced as the winner of the proceedings to buy the Dodgers.<ref>{{cite web |url=https://www.espn.com/los-angeles/mlb/story/_/id/7745566/los-angeles-dodgers-selling-team-magic-johnson-group|access-date=May 17, 2022 |title=Dodgers sold to Magic Johnson group |publisher=ESPN |date=March 28, 2012|archive-date=May 17, 2022|archive-url=https://web.archive.org/web/20220517195140/https://www.espn.com/los-angeles/mlb/story/_/id/7745566/los-angeles-dodgers-selling-team-magic-johnson-group|url-status=live}}</ref> The Johnson-led group, which also includes movie executive [[Peter Guber]], paid $2&nbsp;billion for the Dodgers. Johnson is considered the face of the ownership group while the [[controlling owner]] is Mark Walter.<ref name="frank">{{cite web |last1=Shaikin |first1=Bill |last2=Wharton |first2=David |title=Magic Johnson-led group is picked as Dodgers' next owner |url=https://www.latimes.com/archives/la-xpm-2012-mar-27-la-sp-0329-dodgers-magic-20120329-story.html |website=Los Angeles Times |access-date=May 17, 2022 |date=March 27, 2012 |archive-date=May 17, 2022 |archive-url=https://web.archive.org/web/20220517195140/https://www.latimes.com/archives/la-xpm-2012-mar-27-la-sp-0329-dodgers-magic-20120329-story.html |url-status=live}}</ref> The Dodgers won the [[2020 World Series|2020]] and [[2024 World Series]].<ref>{{cite news |last=Shaikin |first=Bill |title=From bankruptcy to a World Series title: Dodgers' ascension is Magic |work=Los Angeles Times |date=October 30, 2020 |url=https://www.latimes.com/sports/dodgers/story/2020-10-30/dodgers-world-series-magic-johnson-manfred-mccourt|access-date=November 16, 2020|archive-date=November 16, 2020|archive-url=https://web.archive.org/web/20201116084555/https://www.latimes.com/sports/dodgers/story/2020-10-30/dodgers-world-series-magic-johnson-manfred-mccourt|url-status=live}}</ref><ref>{{Cite web |last=Foster |first=Jason |date=October 30, 2024 |title=Complete 2024 MLB postseason results |url=https://www.mlb.com/news/2024-mlb-playoff-and-world-series-schedule |url-status=live |archive-url=https://archive.today/20241101180402/https://www.mlb.com/news/2024-mlb-playoff-and-world-series-schedule |archive-date=November 1, 2024 |access-date=November 1, 2024 |website=MLB.com |language=en}}</ref>

Johnson and Guber were also partners in the [[Dayton Dragons]],<ref name="frank" /> a [[Minor League Baseball#Class A|Class-A minor league baseball]] team based in [[Dayton, Ohio]], that sold out more than 1,000 consecutive games, a record for professional sports.<ref>{{Cite news |last=Fisher |first=Mark |title=New Dragons owners say they won't mess with success |date=July 2, 2014 |url=https://www.daytondailynews.com/news/new-dragons-owners-say-they-won-mess-with-success/J2mU7Twa8r7kvPNWE7g8RK/|access-date=January 3, 2023 |work=Dayton Daily News |language=English|archive-date=January 3, 2023|archive-url=https://web.archive.org/web/20230103190958/https://www.daytondailynews.com/news/new-dragons-owners-say-they-won-mess-with-success/J2mU7Twa8r7kvPNWE7g8RK/|url-status=live}}</ref> Johnson and Guber sold their stake in the Dragons in 2014.<ref>{{Cite news |last=Heath |first=Thomas |date=July 13, 2014 |title=Capital Buzz: D.C. businessman buying Dayton baseball team |language=en-US |newspaper=The Washington Post |url=https://www.washingtonpost.com/business/capitalbusiness/capital-buzz-dc-businessman-buying-dayton-baseball-team/2014/07/11/813d208a-0088-11e4-8fd0-3a663dfa68ac_story.html|access-date=January 3, 2023|archive-date=August 21, 2020|archive-url=https://web.archive.org/web/20200821003528/https://www.washingtonpost.com/business/capitalbusiness/capital-buzz-dc-businessman-buying-dayton-baseball-team/2014/07/11/813d208a-0088-11e4-8fd0-3a663dfa68ac_story.html|url-status=live}}</ref> Together with Guggenheim, Johnson was also involved in buying the [[Los Angeles Sparks]] of the [[WNBA]] in 2014.<ref name="Sparks">{{cite news |url=https://latimes.com/sports/sportsnow/la-sp-sn-sparks-sold-magic-dodgers-20140204,0,3096283.story#axzz2sJrXrCHG |title=Magic Johnson and other Dodgers owners purchase the Sparks |date=February 4, 2014 |work=Los Angeles Times |first=Melissa |last=Rohlin|access-date=December 11, 2019|archive-date=January 18, 2022|archive-url=https://web.archive.org/web/20220118184205/https://www.latimes.com/sports/sportsnow/la-sp-sn-sparks-sold-magic-dodgers-20140204-story.html#axzz2sJrXrCHG|url-status=live}}</ref> As such, in 2014, Johnson was named one of ESPNW's Impact 25.<ref>{{Cite news |url=http://espn.go.com/espnw/news-commentary/impact25/slideshow/12020053/22/magic-johnson-55-los-angeles-sparks-co-owner |title=Magic Johnson, 55, Los Angeles Sparks Co-Owner |publisher=[[ESPN]]|access-date=July 21, 2024|archive-date=December 18, 2014|archive-url=https://web.archive.org/web/20141218021850/http://espn.go.com/espnw/news-commentary/impact25/slideshow/12020053/22/magic-johnson-55-los-angeles-sparks-co-owner|url-status=dead}}</ref> He won the WNBA championship as the owner in [[2016 WNBA Finals|2016]].<ref>{{cite web |last=Dougherty |first=Jesse |title=Sparks defeat Lynx for first WNBA championship since 2002 |url=https://latimes.com/sports/nba/la-sp-sparks-lynx-finals-20161020-snap-story.html |website=Los Angeles Times|access-date=December 11, 2019 |date=October 20, 2016|archive-date=August 3, 2020|archive-url=https://web.archive.org/web/20200803131945/https://www.latimes.com/sports/nba/la-sp-sparks-lynx-finals-20161020-snap-story.html|url-status=live}}</ref> Johnson announced co-ownership of a [[Major League Soccer]] (MLS) expansion franchise, [[Los Angeles FC]], which began play in 2018 and won the [[MLS Cup]] in 2022.<ref name=LAFClaunch>{{Cite news |date=October 30, 2014 |title=Magic Johnson, Mia Hamm among owners of new L.A. pro soccer team |url=https://www.latimes.com/sports/sportsnow/la-sp-sn-mls-franchise-los-angeles-20141030-story.html|access-date=January 3, 2013 |work=Los Angeles Times |language=en-US|archive-date=October 31, 2014|archive-url=https://web.archive.org/web/20141031002802/http://www.latimes.com/sports/sportsnow/la-sp-sn-mls-franchise-los-angeles-20141030-story.html|url-status=live}}</ref><ref name=LAFCname>{{Cite web |title=MLS Wants Fans' Help To Pick Team Name, Logo For New 'LA Football Club' |date=October 30, 2014 |url=https://www.cbsnews.com/losangeles/news/mls-wants-fans-help-to-pick-team-name-logo-for-new-la-football-club/|access-date=January 3, 2023 |publisher=CBS News |language=en-US|archive-date=April 11, 2023|archive-url=https://web.archive.org/web/20230411085356/https://www.cbsnews.com/losangeles/news/mls-wants-fans-help-to-pick-team-name-logo-for-new-la-football-club/|url-status=live}}</ref><ref name="MJ LAFC">{{cite web |url=https://magicjohnson.com/posts/an-inside-look-at-the-los-angeles-football-club |title=Los Angeles Football Club |website=Magic Johnson.com|access-date=November 25, 2022|archive-date=November 6, 2022|archive-url=https://web.archive.org/web/20221106003141/https://magicjohnson.com/posts/an-inside-look-at-the-los-angeles-football-club|url-status=live}}</ref><ref name="MLSCup">{{cite web |title=Justin Bieber, Magic Johnson, Will Ferrell among many stars at MLS Cup 2022 |publisher=Major League Soccer |date=November 5, 2022 |url=https://www.mlssoccer.com/news/justin-bieber-magic-johnson-wiz-khalifa-among-many-stars-at-mls-cup-2022|access-date=November 25, 2022|archive-date=November 25, 2022|archive-url=https://web.archive.org/web/20221125232715/https://www.mlssoccer.com/news/justin-bieber-magic-johnson-wiz-khalifa-among-many-stars-at-mls-cup-2022|url-status=live}}</ref>

In 2023, Johnson invested $240{{space}}million in a group headed by [[Josh Harris (businessman)|Josh Harris]] that purchased the [[Washington Commanders]] of the [[National Football League]] (NFL) for $6.05{{space}}billion.<ref name="NFL">{{cite web |last1=Friend |first1=Tom |title=Commanders deal a Magic moment |url=https://www.sportsbusinessjournal.com/Articles/2023/07/31/franchises.aspx |website=[[Sports Business Journal]] |access-date=August 5, 2023 |date=July 31, 2023 |archive-date=August 5, 2023 |archive-url=https://web.archive.org/web/20230805123932/https://www.sportsbusinessjournal.com/Articles/2023/07/31/franchises.aspx |url-status=live}}</ref><ref>{{cite news |last1=Jhabvala |first1=Nicki |title=The Commanders sale was so complicated, it was 'like 20 deals in one' |url=https://www.washingtonpost.com/sports/2023/07/20/josh-harris-rales-commanders-owners/ |newspaper=[[The Washington Post]] |access-date=July 23, 2023 |date=July 20, 2023 |archive-date=September 9, 2023 |archive-url=https://web.archive.org/web/20230909153248/https://www.washingtonpost.com/sports/2023/07/20/josh-harris-rales-commanders-owners/ |url-status=live}}</ref> A lifelong fan of the NFL, he considered it a "dream" and the greatest achievement of his business career.<ref name="NFL" /><ref>{{cite news |last1=Maske |first1=Mark |last2=Jhabvala |first2=Nicki |title=NFL owners approve sale of Commanders from Daniel Snyder to Josh Harris |url=https://www.washingtonpost.com/sports/2023/07/20/washington-commanders-sale/ |newspaper=[[The Washington Post]] |access-date=July 21, 2023 |date=July 20, 2023 |archive-date=July 20, 2023 |archive-url=https://web.archive.org/web/20230720210850/https://www.washingtonpost.com/sports/2023/07/20/washington-commanders-sale/ |url-status=live}}</ref> Johnson had previously held talks with other groups interested in buying the [[Miami Dolphins]] and [[Las Vegas Raiders]] before meeting and joining Harris on an unsuccessful bid on the [[Denver Broncos]] in 2022.<ref name="NFL" /><ref>{{cite news |last=Charania |first=Shams |title=Magic Johnson joins bid to buy Broncos with 76ers owner Josh Harris: Source |work=The Athletic |date=May 5, 2022 |url=https://theathletic.com/4179132/2022/05/05/magic-johnson-joins-bid-to-buy-broncos-with-76ers-owner-josh-harris-source/|access-date=January 20, 2024|archive-date=July 20, 2023|archive-url=https://web.archive.org/web/20230720225505/https://theathletic.com/4179132/2022/05/05/magic-johnson-joins-bid-to-buy-broncos-with-76ers-owner-josh-harris-source/|url-status=live}}</ref> In September 2024, Johnson joined the investment group for the [[Washington Spirit]] of the [[National Women's Soccer League]] (NWSL).<ref>{{cite web |last1=Kassouf |first1=Jeff |title=Magic Johnson joins NWSL's Washington Spirit as investor |url=https://www.espn.com/soccer/story/_/id/41134551/magic-johnson-joins-nwsl-washington-spirit-investor |website=ESPN |date=September 5, 2024 |access-date=September 11, 2024}}</ref>