Who Has Earned The Most Money From Lakers Basketball?

The Los Angeles Lakers are one of the NBA’s most celebrated franchises. Over the years, Lakers basketball has been synonymous with winning teams, championships, celebrities and star players. None of the team’s success could be solidified if it wasn’t for their star players.

There have been many great players in a Lakers game; Kobe Bryant, Magic Johnson, Shaquille O’Neal, but a question that many people ask is: who has made the most money? In short, the answer is Magic Johnson (Food World News, 2014). Magic Johnson’s net worth is approximately $500 million.

Figure 10 – The Broken Celebrity

For the duration of Magic’s career, he made $25 million a season for twenty five years. Magic was the highest paid player in the history of the league during those years. After Magic retired from the game, he became an advocate for HIV/AIDS as a public speaker, and began investing in businesses. Some businesses he invested in were Dodgers baseball, Starbucks, and Lakers basketball. At one point in his business endeavours, his investments were valued over one billion dollars (Food World News, 2014).

Figure 11 - WBRZ

As a business student, Magic Johnson is somebody I aspire to be. He has dedicated his life to a cause and has done wonders for the world. He has become more than a mere player in a Lakers game. If you were in Magic Johnson’s place, what would you do with your money?