Retiring From The League
And while Magic kept playing basketball on and off for the NBA, he eventually retired from the league in 1996 permanently. However t his was not yet the end of his tenure in the sport, though. For example, the former point guard of Lakers brought together the touring squad of Magic Johnson All-Stars; and also spent a short time playing to boot in Europe.
Retiring From The League
Business Venture
Magic would then go into business – which appeared to have proven very fruitful. Magic Johnson Enterprises – formed back in 1987 – now stands at about $700 million. And the investment firm has had its hand in a vast array of projects over the past 30 years, including the Los Angeles Lakers. The former Basketball star has even worked as a moderator of a chat show and has written several books. Yet he isn’t the only one of the Johnson family to make his mark on television.
Business Venture
