Earvin Magic Johnson has set his sights on a new multi-million dollar investment in his quest for business away from the basketball courts of the NBA. The mythical ex-player of Los Angeles Lakerswho already owns Los Angeles Dodgers from MLBhas just joined a group of investors bidding to buy the Washington Commandersfranchise of the NFL.
The group of millionaires, led by Josh Harris, tries for the second time in less than a year to take ownership of a team from the United States American Football League. In summer, they already tried in vain to take over the Denver Broncos.
According to the magazine Forbesthe franchise owned by Dan and Tanya Snyder is valued at 5.6 billion dollars. If the operation goes ahead, it is likely that it will not be approved until the end of May according to Sportymedium that advanced the news.
Magic Johnson has invested in other sports ventures in the past beyond the Dodgers. Specifically, in Los Angeles Sparks from WNBA and in Los Angeles FC from MLS.
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