The Costly Business Choice of Young Magic Johnson

October 19, 2025 - 22:54

NBA legend Earvin "Magic" Johnson has become almost as famous for his business acumen as for his basketball ability. However, he could have been billions of dollars richer if not for a questionable business decision he made before embarking on his professional basketball career.

In the early stages of his life, Johnson faced a pivotal moment that would shape his financial future. He was presented with an opportunity to invest in a burgeoning franchise that would later become a household name. Despite the potential for immense profits, Johnson hesitated and ultimately opted against the investment. This decision, made in the heat of youthful ambition and uncertainty, has been a topic of reflection for the NBA icon.

Today, Johnson is celebrated not only for his incredible skills on the court but also for his successful ventures in various industries, including entertainment and health. However, the memory of that missed opportunity serves as a reminder of how critical decisions can impact one's financial trajectory.