'The DMV community has embraced and supported me, and I am honored and ecstatic to be a co-owner of the Commanders franchise!' -- Magic Johnson, Commanders co-owner.
The reported asking price for the Washington Commanders is set to $6 billion – and the group involving the Magic Johnson is willing to match it."God is so good…I still can’t believe it! I am currently living in an answered prayer. Since beginning my journey as an athlete and now businessman and team owner, it's all been a dream that has come full circle. I grew up playing football as a kid, I’m a huge NFL fan, and I watch games every week.
This is truly the biggest achievement in my business career and a historic moment for the entire Black community. Talk about God’s perfect timing. This was the right organization for me to be a part of given it’s global appeal, history of winning, and the diverse fanbase and DMV community. I have a special relationship with the DMV. Many people don’t know I’ve done business in the Washington, DC area for many years. I was one of the owners of the Washington Hilton, I built multiple Starbucks franchises and Magic Johnson Theaters, and empowerment centers with the Magic Johnson Foundation.
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