When Magic Johnson was a member of the Lakers, he was dishing out assists on a nightly basis. And now, many years after his playing career is over, the Dodgers’ part-owner is dishing out more assistance than ever.
Johnson committed to $100 million to small businesses left behind by government programs. He talked about his plan with The Wall Street Journal this past week.
We knew why the money was gone and couldn’t trickle down to small businesses, especially small minority businesses, because they didn’t have those great relationships with the banks. – Magic Johnson
The money will be disbursed through a partnership between EquiTrust Life Insurance Company and MBE Capital Partners.