What percent does Magic Johnson own of the Dodgers?

Written by Editorial Team | Last Updated: August 2026

Basketball Hall of Fame legend Earvin "Magic" Johnson holds a 2.3 percent minority ownership stake in the Los Angeles Dodgers. As a partner within the Guggenheim Baseball Management group led by controlling partner Mark Walter, Johnson invested a substantial financial sum when the consortium purchased the storied franchise out of bankruptcy proceedings. Beyond his financial equity, Johnson serves as a vital brand ambassador and strategic advisor, leveraging his immense business acumen and championship pedigree to help guide the organization's sustained success both on and off the field.

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