Magic Johnson

Beyond basketball, Magic Johnson has built an empire for himself that continues to grow. From movie theaters and restaurants to health products and luxury cars, Johnson’s enterprises wouldn’t be around if it weren’t for his incredible work ethic. He talked with Roland Martin recently,  an explained how he made it from basketball legend to business phenomenon. […]

Although the news of Earvin “Magic” Johnson, Jr. ‘s son, Earvin III (also known as EJ), garnered some harsh reactions from a handful of critics, the former Los Angeles Lakers superstar is fully supportive of his son coming out as a gay man. In an exclusive interview with TMZ’s Harvey Levin, Magic displayed unflinching care […]

Earvin Johnson III, 20, nicknamed EJ by his parents Cookie and Earvin “Magic” Johnson, strolled proudly hand in hand on Hollywood’s Sunset Strip with his boyfriend and his parents made it clear that they support him 100 percent, reports TMZ.  “Cookie and I love EJ and support him in every way,”  Magic tells TMZ. “We’re […]

Mr. Johnson brokers a contract for the purchase of a new network based upon it being a Black-owned and Operated Network. He acquired government monies, major advertisers and promoted it to the public as such, when in truth it is not. It is ran by its competitor, GMC TV and GMC TV executives, which are […]

Cookie Johnson (pictured right), the wife of former NBA great Magic Johnson (pictured left), had the undivided attention of a packed-house audience as she was honored at Wednesday night’s Elizabeth Glaser Pediatric AIDS Foundation dinner, where she revealed how she felt when she learned about her husband’s HIV-status, according to the New York Post. Cookie, who is a philanthropist […]

Magic Johnson‘s Atlanta-based cable network, “Aspire,” debuts today, the Atlanta Journal-Constitution reports. SEE ALSO: How Bush’s Man Has Shoved Supreme Court Right The network, which will focus on family programming, has partnered with Atlanta-based GMC, which carries its own positive programming. Magic will be the majority owner. He also inked several advertising deals with Coca […]

When Magic Johnson announced to the world that he was infected with HIV in November of 1991, he instantly became the face of the virus. SEE ALSO: Will Smith Slaps Reporter NYPD Says ‘Stop And Frisk’ Works But not too long after he made his announcement, the world focused its eyes on another face: a […]

When Magic Johnson and a group of fellow investors plunked down $2.15 billion to purchase the Los Angeles Dodgers, the deal was the largest amount ever paid for a sports franchise. SEE ALSO: 2012 Obliterating US Heat Records But Johnson’s involvement in the deal could possibly mean more than just the further diversification of the former […]

A ground beef processor owned partly by former basketball-legend-turned-entrepreneur Magic Johnson has filed for bankruptcy.  The company is blaming a decrease in consumer and business demand for beef, which can be attributed to the recent negative press that has surfaced with regards to the “pink slime” food additive that is found in it, reports the Palm Beach Post. […]

Former NBA Lakers icon and entrepreneur extraordinaire Magic Johnson has won a bid to buy the baseball team the Los Angeles Dodgers for $2 billion, a record price for a U.S. pro-sports franchise, reports the Los Angeles Times. The monumental purchase also makes Johnson the first black Major League Baseball owner. SEE ALSO: Can Oprah Save […]

‘LIKE’ NewsOne’s FB Page To Stay Up On Black News From Around The World Magic and Cookie Johnson reflect on that faithful November day in 1991 when Magic revealed to her that he had contracted HIV. Rumor has it that Cookie smacked him when he told her. She remembers it more as a ‘love tap.’ […]

Dallas Mavericks guard, Vince Carter held a fundraiser for President Barack Obama’s reelection campaign at his mansion in Orlando, Florida. Several other former and current NBA players paid the $30,000 fee to attend the fundraiser along with Carter and Obama, including Magic Johnson, Chris Paul, and Alonzo Mourning. NBA commissioner David Stern and Dallas Mavericks […]