Magic Johnson Joins Washington Spirit Ownership, Boosting NWSL's Profile
Basketball legend Magic Johnson acquires stake in NWSL's Washington Spirit, joining Michele Kang's investor group. This move aims to elevate the club and promote women's sports globally.
Earvin "Magic" Johnson, the renowned basketball icon, has expanded his sports portfolio by acquiring an ownership stake in the National Women's Soccer League's Washington Spirit. This strategic move, announced on September 5, 2024, marks a significant development for the club and the league.
Johnson joins the investor group led by Michele Kang, who has owned the team since 2022. The basketball legend expressed his enthusiasm for the partnership, stating, > "I'm excited to join the Washington Spirit's investor group at such a pivotal time in the club's history. Partnering with a visionary like Michele Kang and her team to advance the growth of the Washington Spirit and the NWSL is an incredible opportunity. I'm excited to join the team and play my part to help elevate this organization."
Johnson's involvement in sports ownership is not new. He has been part of the ownership group that acquired the NFL's Washington Commanders in 2023 and holds shares in several other professional sports teams, including the Los Angeles Dodgers, Los Angeles Sparks, and Los Angeles FC.
Kang welcomed Johnson to the team, highlighting his winning mentality both on and off the court. She emphasized the significance of his commitment, stating that it reflects the strength of the club and sends a powerful message about the growth and impact of women's sports globally.
The addition of Johnson to the Washington Spirit ownership is expected to bring valuable expertise and visibility to the team. His involvement aligns with his history of successful business ventures and philanthropic efforts. Johnson's Magic Johnson Enterprises has a net worth exceeding $1 billion, and he has been involved in various business investments and charitable activities since his retirement from professional basketball.
Johnson is scheduled to be introduced at a school event on September 6, 2024, and is expected to attend the Spirit's upcoming home game against Portland Thorns FC on September 7, 2024, at Audi Field.
In other team news, U.S. Olympic gold medal-winning midfielder Croix Bethune has been sidelined for the season due to a knee injury. The Spirit reported that Bethune tore her meniscus, with the injury occurring away from training. This setback comes shortly after Bethune threw out the first pitch at a Washington Nationals game on August 28, 2024.
As the Washington Spirit embarks on this new chapter with Magic Johnson on board, the team and its fans look forward to the potential growth and success that this partnership may bring to both the club and the NWSL as a whole.
