Magic Johnson has built himself a $1.5 billion empire, but funny enough, not a single “dime” of it comes from his minority stake in the WNBA’s LA Sparks. And while he calls his $6 billion investment in the Washington Commanders “ the greatest deal I’ve ever done, ” Magic’s Sparks involvement has been a whole different story. He hasn’t exactly cashed in there, but here’s the twist: he still refuses to sell. And honestly, that might be the smartest call he’s made… okay, maybe the second smartest after the Commanders.
As of 2025, Forbes pegs the LA Sparks’ net worth at $235 million, with total revenue of $16 million, ranking 8th on the list of most valued WNBA teams. Back in 2014, when Magic Johnson became a minority owner, the situation was totally different—but he didn’t rush in. At I