YouTube12 Jun 2025
24m

How Magic Johnson Went From NBA Legend to Billionaire | The Deal with Alex Rodriguez and Jason Kelly

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Bloomberg Podcasts

In a live recording at the Milken Institute Global Conference, Jason Kelly and Alex Rodriguez host a special episode of "The Deal" featuring Magic Johnson. The episode explores Johnson's journey from a basketball legend to a successful businessman, focusing on key deals such as his ownership stake in the Washington Commanders and his early partnership with Starbucks. Johnson shares insights on choosing the right partners, the importance of mentorship, and leveraging his unique perspective as a former athlete in the business world. The conversation also touches on his experiences with institutional capital, his Olympic gold medal, and the impact of Michael Jordan and Larry Bird on his career. The episode concludes with a rapid-fire Q&A, revealing Johnson's deal-making style, influences, and advice for aspiring entrepreneurs.

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