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The NFL is projected to earn over $126 billion in TV money by 2033. The NBA has become a $10 billion annual business. Magic Johnson, a Basketball Hall of Famer, is worth $1.2 billion due to investments in sports teams and a life insurance company. He is the fourth athlete to reach billionaire status, joining Tiger Woods, Michael Jordan, and LeBron James. ESPN has reported $16 billion in annual revenue and $2.9 billion in annual profit but has lost 30 million cable subscribers in the last decade. NBA viewership has increased by 13% compared to last year.
NBA Viewership Up 13% From Last Year https://t.co/wdeHp1fAj2
ESPN just released its financials for the first time ever. • $16 billion in annual revenue • $2.9 billion in annual profit But the business has lost 30 million cable subscribers over the last decade and it wouldn’t surprise me if Bob Iger wanted to sell it altogether. https://t.co/mk9WnXBzkF
Magic Johnson Declared a Billionaire By Forbes | Click to read more 👇 https://t.co/ekyqhvaafB
Magic Johnson has become the fourth athlete to reach billionaire status, according to @Forbes, joining Tiger Woods, Michael Jordan and LeBron James. Magic is actually the fifth athlete billionaire, depending on your definition of athlete. https://t.co/gW9cToJNHM
.@MagicJohnson is worth $1.2 billion thanks to investments in several professional sports teams and a life insurance company that has reached new heights under his ownership. https://t.co/Qr4KqQ6ZuS
The Basketball Hall of Famer is worth $1.2 billion thanks to investments in several professional sports teams and a life insurance company that has reached new heights under his ownership. https://t.co/yECllwUW9w https://t.co/emVqAUkUHS
How The NBA Became A $10 Billion Annual Business https://t.co/zHdcxSLyEv
Why The NFL Could Reap More Than $126 Billion In TV Money By 2033 https://t.co/aOsfWQciuT