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How is Magic Johnson so rich?


NBA legend Magic Johnson built a business empire following his Hall of Fame career with the Los Angeles Lakers. … Johnson earned nearly $40 million in salary during his NBA career, including a 25-year, $25 million contract with the Lakers in 1981 that ranked as the richest deal in sports history at the time.

Minutes Played 53 v. Kings on 03/08/86
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Points 46 @ Kings on 12/23/86
Rebounds 17 3 times, last v. Nuggets on 04/18/89
Assists 24 2 times, last @ Suns on 01/09/90
Steals 7 v. Kings on 03/13/81

Who is the richest basketball player?

– Kevin Durant. Net Worth: $170 million. …
– Hakeem Olajuwon. CP. …
– David Robinson. CP. …
– Grant Hill. Net Worth: $250 million. …
– Shaquille O’Neal. Net Worth: $400 million. …
– Lebron James. Net Worth: $450 million. …
– Kobe Bryant. CP. …
– Magic Johnson. Net Worth: $600 million.

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Is Magic Johnson a billionaire?

After winning championships in high school and college, Johnson was selected first overall in the 1979 NBA draft by the Lakers. As of 2020, Magic Johnson’s net worth is approximately $600 million, and he’s one of the richest athletes in the world.

Who is the richest basketball in the world?

Michael Jordan’s

What is Kobe Bryant worth 2020?

Net Worth: $600 Million
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Date of Birth: Aug 23, 1978 – Jan 26, 2020 (41 years old)
Gender: Male
Height: 6 ft 5 in (1.98 m)
Profession: Basketball player, Athlete

How much did Magic Johnson average?

Guard Magic Johnson played 13 seasons for the Lakers. Johnson’s career averages were 19.5 points, 7.2 rebounds, and 11.2 assists in 906 regular season games. He won 3 MVP Awards, was selected to play in 12 All-Star Games, and was elected to the Hall of Fame in 2002.

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Was Kobe Bryant a billionaire?

Bryant built his first fortune on the back of two decades of rich playing contracts and endorsement deals. His path to becoming a billionaire was going to be paved in the investment world, and his first big score, BodyArmor, represented roughly one-third of his net worth.

How much does Magic Johnson make?

Net Worth: $600 Million
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Last Updated: 2020

Who is the richest NBA player now?

Rank Player Total Net Worth
—- ————- —————
1 LeBron James $400 Million
2 Stephen Curry $60 Million
3 Kevin Durant $150 Million
4 James Harden $72 Million

How much money is Magic Johnson worth?

Magic Johnson net worth: As per reports, LA Lakers legend Magic Johnson – who is one of the richest former athletes in the world – is worth $600 million.

How much is Joe Bryant worth?

About Joe Bryant Joe is the father of the late Kobe Bryant, a second-generation basketball player, who won five NBA championships during his time with the Los Angeles Lakers. American former professional basketball player and coach Joe Bryant has a net worth of $7 million dollars, as of 2021.

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What did Magic Johnson average?

[7][8]Johnson’s number 32 jersey was retired by the Lakers in 1992.In 905 NBA games, Johnson scored 17,707 points, 6,559 rebounds, and 10,141 assists, translating to career averages of 19.5 points, 7.2 rebounds, and 11.2 assists per game, the highest assists per game average in NBA history.

Is LeBron James a billionaire?

According to Forbes, James was the world’s 8th highest-paid athlete last year, when he made $89 million — $36 million from salary and $53 million from endorsements. And he’s estimated to have a net worth of $450 million.

How does Magic Johnson have so much money?

He holds controlling stakes in financial services firm EquiTrust, the ASPiRE television network and various other companies. The 12-time NBA All-Star bought a 4 percent ownership stake in the Lakers in 1994 for $10 million.

Who is the poorest basketball player?

– 8 Eddy Curry.
– 9 Kenny Anderson. …
– 10 Rick Mahorn. via wikimedia.org. …
– 11 Allen Iverson. Jeremy Brevard-USA TODAY Sports. …
– 12 Scottie Pippen. Ken Blaze-USA TODAY Sports. …
– 13 Latrell Sprewell. via sbnation.com. …
– 14 Darius Miles. via oregonlive.com. …
– 15 Shawn Kemp. via sbnation.com. …

What was Kobe Bryant worth when he died?

At the time of his death, Kobe Bryant had a net worth of $600 million.

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