Thursday, March 4, 2021

Fanatics Adds Magic Johnson To Board

Los Angeles-based tech-focused, sports merchandise company Fanatics said on Wednesday that it has added Earvin "Magic" Johnson to its board of directors. Johnson--best known for his basketball--currently is the Chairman and Chief Executive Officer of Magic Johnson Enterprises, an investment firm. He's a co-owner of the Los Angeles Dodgers and holds ownership stakes in the WNBA's Los Angeles Sparks, Major League Soccer's Los Angeles Football Club, and eSports franchise Team Liquid. Johnson also previously owned more than 100 Starbucks stores. Fanatics said its board also includes Mindy Grossman, CEO of WW International, and Jerry Storch, Founder and CEO of Storch Advisors.