Building his millionaire fortune, Lakers legend Magic Johnson plans to buy an NFL team

The Los Angeles Lakers showtime era legend Earvin 'Magic' Johnson became one of the greatest players of the franchise and the NBA; since his retirement, he has accumulated a massive fortune and owns franchises in different sports, and is looking to expand to the NFL now.

Magic co-owns a WNBA, MLS, and MLB team, and the three of them have become champions under his co-ownership, and now according to information by Sportico, he and a group have their sight on an NFL-known franchise.

Magic Johnson has joined a group bidding on the Washington Commanders. If the negotiation gets done, he will now have the co-ownership of four different franchises in four other sports, all inside the US.

Magic Johnson once rejected a 5 billion offer from Nike

Without knowing what Nike would become, the once young entrepreneur and co-founder of the now-famous sports brand offered Magic Johnson stock, as they didn't have enough money then. Johnson rejected the offer that, now, is worth 5 billion dollars.