Magic Johnson Net Worth: How Much Money Will Magic Have in 2022?

By 2022, Magic Johnson is expected to be one of the wealthiest athletes in the world, with a net worth of $600 million.

NBA executive and former player Earvin “Magic” Johnson Jr. is known as Magic Johnson Jr. He was the starting point guard for the Los Angeles Lakers for 13 years. The Los Angeles Lakers selected Johnson first overall in the 1979 NBA Draft after he had won several championships in high school and college.

Infancy

he was born Earvin Johnson Jr. on the 14th of August, 1959, in Lansing Michigan. As the son of Christine and her husband, Earvin Johnson, he was raised by them.

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A used car lot janitor, his father spent his evenings cleaning and collecting trash while his mother prepared their next day’s meals and cleaned their house.

Career of Magic Johnson:

Johnson was drafted by the Los Angeles Lakers in the first round of the 1979 NBA draught. The Los Angeles Lakers signed him to a $25 million deal. In the 1981–82 NBA season, Johnson averaged 18.6 points, 9.6 rebounds, 9.5 assists, and 2.7 steals per game.

In the regular season of 1984–85, he averaged 18.3 points, 12.6 assists, and 6.8 rebounds per game for the Lakers, who went on to win the NBA Championship that year.

Averaging 22.5 points, 12.8 assists and 7.9 rebounds per game in the NBA’s 1988–89 season was nothing new for him.

He was diagnosed with HIV in 1991, and that was the turning point in his life. It was revealed that he had been diagnosed with cancer and that he was stepping down from his position. His inclusion in the United States Olympic team for the 1992 Summer Olympics came despite his having proclaimed his retirement.

He returned to the Los Angeles Lakers during the 1995–96 NBA season. The Atlanta Hawks beat him with 15 points, 10 rebounds, and 13 assists in February. During this season, he averaged 14.6 points, 6.9 assists, and 5.7 rebounds. He made the decision to put his cleats away when the season was over.

As of 2022, Magic Johnson has a fortune of $600 million.

Highlights

Some of Magic Johnson’s best moments are included in this list:

Additionally, he received the NBA Finals MVP Award for his services in capturing the title.

A two-time Basketball Hall of Fame inductee, Johnson was recognised for his contributions to the sport.

Magic Johnson

My Favorite Magic Johnson Quotations

Everyone had no idea that I would pass away a year later. Thus, I could demonstrate to the basketball community and the rest of the world that an HIV-positive individual can play the game. “He’s not going to give it to anyone” when it comes to basketball.

It’s a huge blessing that I can do that and generate money,” Magic Johnson tells the New York Times.

Since I was an athlete, having health insurance was critical to my well-being.

A professional basketball player was well aware that injuries were common and may occur at any time..”

My appreciation goes out to anyone who is able to maintain a happy mindset despite not getting much playing time.

The fact that I’ve worked so hard to reach to this stage in my life should serve as a reminder to the people around me.” This was not an isolated incident. Since I’ve been in the profession for more than two decades, every opportunity and partnership has taught me something new.

When I was younger, everyone told me that I couldn’t be a 6-foot-9-inch point guard, but I proved them all wrong.

People in urban America warned me I wouldn’t be able to prosper as a businessman, but I proved them wrong. Moreover, they doubted my capacity to win multiple championships, but I proved them wrong,” – NBA Champion Magic Johnson

Summary

One of the greatest players in the history of professional basketball in the United States is Magic Johnson, a former NBA star. Johnson’s powerful arms, agility, and speed made him one of the best basketball players of all time in the 1980s.

Magic Johnson is expected to be worth $600 million by 2022, according to projections.