Magic Johnson Net Worth: How much is Magic Johnson worth in 2022?

An American named Earvin “Magic” Johnson Jr. was born on August 14, 1959. He was a professional basketball player for a few years, then became the president of basketball operations for the Los Angeles Lakers of the National Basketball Association (NBA).

Johnson played 13 seasons for the Lakers and was named one of the 50 best point guards in NBA history in 1996. In 2021, he will be on the NBA 75th Anniversary Team. Johnson was chosen first in the 1979 NBA draught by the Lakers after he won championships in high school and college.

Early Life

  • When he was born, he was called Earvin Johnson Jr., and he was born in Lansing, Michigan, on August 14, 1959. His father, Earvin Sr., worked for General Motors, and his mother, Christine, worked as a school cleaner. When he was born, he had many siblings.
  • As a child, both his parents were interested in basketball, and his father had been a high school basketball player in his home state of Mississippi. Young Earvin was also interested in the sport at a young age.
  • In high school, he went to Everett High School. He was one of the best basketball players at the school. Once when he was 15, he scored 36 points, grabbed 18 rebounds, and set up 16 assists in a game. This incredible feat earned him the name “Magic.”
  • After high school, he went to Michigan State University, where he played basketball. Once again, he proved to be a great player and wowed the crowds during his college career.

Career

  • He was chosen by the Los Angeles Lakers as the best player in 1979. After a good start to the season, he signed a 25-year, $25 million deal with the Lakers.
  • In the 1981–82 season, he did very well. He averaged 18.6 points, 9.6 rebounds, 9.5 assists, and 2.7 steals per game, and was named to the All-NBA Second Team.
  • Lakers won the NBA Finals in 1985 thanks to Johnson’s 18.3 points, 12.6 assists, and 6.8 rebounds per game in 1984–85. After the Lakers beat the Boston Celtics, Johnson and Abdul-Jabbar helped lead the team to victory in the final game.
  • In the 1986–87 season, he scored 23.9 points per game, as well as 12.2 assists and 6.3 rebounds per game. This was his best season. Johnson made the game-winning shot and was named Finals MVP in the 1987 NBA Finals. The Lakers faced the Celtics again in the 1987 NBA Finals, and he was named MVP.
  • The next few years were even better for him. In the 1988–89 NBA season, he scored 22.5 points, 12.8 assists, and 7.9 rebounds per game. There were two NBA Finals in 1989, but Johnson was out because he had a bad ankle. His team lost to the Pistons.
  • In 1991, he was diagnosed with HIV infection. It changed his life for the rest of his life. He told the world that he had cancer and that he was going to retire. For the U.S. team in the 1992 Summer Olympics, even though he had already retired, he was chosen to play for them. In the end, the team won the gold medal with an 8–0 record.
  • His retirement was spent writing and running several businesses. He also made sure that people could have safe sex. Even so, he came back to the NBA as a coach for the Lakers nearing the end of the 1993–94 NBA season.
  • A few games into the job, things were going well for him. Then, though, the team went on a 10-game losing streak, which led to him resigning as the coach. During the 1995–96 NBA season, he came back as a player when he joined the Lakers again. At the end of February, he scored 15 points and had 10 rebounds as the Atlanta Hawks lost.
  • He also had 13 assists and 13 rebounds. Every game this season, he scored 14.6, set up 7.9 assists, and dished out 5.8 rebounds for 14.6 points per game. After the season, he then decided to give up his job for good and never work again.

Awards & Achievements

  • When he played in the NCAA Men’s Division I Basketball Tournament in 1979, he was named the best player in the tournament.
  • He was named Most Valuable Player three times (1987, 1989, 1990).
  • In 1992, he was given the J. Walter Kennedy Citizenship Award, and it was given to him.
  • When Johnson was a player, he was named one of the 50 best players in NBA history in 1996.

Personal Life

  1. He had a short relationship with Melissa Mitchell, which led to the birth of a son in 1981, but they broke up quickly.
  2. They wed in 1991, and he named her Earlitha “Cookie.” The couple has a biological son and a daughter who was brought in.
  3. In late 1991, he said that he had HIV. He takes a combination of drugs every day to keep his HIV infection from getting worse and becoming AIDS.

Retirement

Johnson started the Magic Johnson Foundation to help fight HIV after he announced that he had the virus in November 1991. There are many things that Johnson has done, like being an advocate for HIV prevention and safe sex.

He has also done business, been kind to people who didn’t have enough money, and talked about it on the news. In 1991, he told the public that he had HIV, which shocked people and helped break down the idea that HIV was a “gay disease” that heterosexuals didn’t have to worry about.

Magic Johnson’s Net Worth

Ex-basketball player and businessman Earvin “Magic” Johnson Jr. have a net worth of $620 million, which is a lot of money. In high school and college, he won basketball championships. In the 1979 NBA Draft, the Los Angeles Lakers chose him as the best player there.

For 13 years, he was the point guard for the Lakers, and he did that job well. First off, he took home the NBA Championship and Most Valuable Player award in his first season. Johnson used to be the head of basketball operations for the Lakers.

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