Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Earvin Johnson"


1 mentions found


Basketball icon Magic Johnson has been declared a billionaire by Forbes. Johnson recently revealed he passed on an early chance to buy Nike shares that could've netted him billions. AdvertisementAdvertisementForbes magazine has declared basketball star Magic Johnson a billionaire, decades after he lost out on a Nike deal that could have netted him $5 billion. The Nike deal would've seen Johnson paid $1 for every pair of trainers sold and 100,000 shares in company stock. Back then, Nike shares were worth around 18 cents each, while today they are valued at around $100, so a shares deal would've been hugely more profitable long term.
Persons: Magic Johnson, He's, Johnson, could've, , Earvin Johnson, would've, Forbes, Johson, MLB's, Michael Jordan, LeBron James, Tiger Woods Organizations: Forbes, Nike, Service, LA Lakers, Converse, Sparks, MLB's Los Angeles Dodgers, MLS, PepsiCo, NBA Locations: Iowa
Total: 1