Earvin “Magic” Johnson looks set to get into Washington Commanders poker.
The former NBA superstar has reportedly joined the bidding group led by Josh Harris, who already co-owns the NBA’s Philadelphia 76ers and the NHL’s New Jersey Devils.
How much money the 63-year-old brings in is not yet known. The fortune of the former point guard, who was most recently successful as an entrepreneur and investor, is estimated at over 600 million dollars.
Johnson has invested in sports teams before
Johnson already owns part of the Los Angeles Dodgers baseball team, he has also invested in esports teams and the Los Angeles Sparks basketball team. He also bid alongside Harris for the Denver Broncos when they went up for sale last year.
Johnson and Harris’ group is said to be one of the few still in talks with current Commanders owner Dan Snyder. Highly controversial due to numerous allegations and investigations into financial irregularities and a toxic work environment, Snyder is looking to sell the franchise.
Negotiations have stalled recently, but it now appears that a sale of the team from the American capital could be finalized before the NFL owners meet in Arizona later this month.
Should Johnson’s group win the bid, the former basketball player would become one of a small handful of black minority owners in the NFL.