The sale of the Los Angeles Dodgers this spring for $2.15 billion brought Los Angeles Laker legend Earvin “Magic” Johnson back into the sports spotlight — this time from the owner’s box. Control still rests with Guggenheim Partners CEO Mark Walter, but Magic’s still a major part of the plan.
But the entry into MLB ownership isn’t Johnson’s first business rodeo. In fact, Magic’s business acumen puts him squarely on my list of the best athlete-entrepreneurs in the history of sports. Here’s a look at my top five: