When Magic Johnson goes on vacation, he doesn’t just book a hotel; he brings the hotel with him. And not just any hotel. Ahead of the holiday weekend, the NBA Hall of Famer and business icon gave fans a glimpse of his jaw-dropping Mediterranean getaway aboard the PHOENIX2, a $140 million superyacht that looks more like a floating palace than a boat.
Let’s just say… it’s a billionaire summer.
Magic kicked off his annual luxury cruise with his wife, Cookie, and a handful of high-powered friends and social media is living for the updates.
The yacht? Massive. The vibes? Immaculate. The price tag? Reportedly $1.25 million a week, pocket change for a man worth an estimated $1.5 billion.
The PHOENIX2 is no ordinary charter. Built by German yachtmakers Lürssen, it comes equipped with seven cabins, a full gym, spa, salon, cinema rooms, and a two-floor master suite with views that put five-star resorts to shame. It even has its own crew of 29, ready to serve up champagne, Mediterranean cuisine, and Instagrammable moments on demand.
Even Tom Brady couldn’t resist dropping a comment on Magic’s latest yacht post, proof that even legends fangirl over other legends.
But don’t get it twisted, Magic’s not just vacationing, he’s vibing after years of hard-earned success. While his NBA career pulled in just under $40 million in total salary, it was his off-court hustle that built his empire.
From Starbucks franchises to real estate, Magic flipped smart investments into major ownership stakes in the Dodgers, Commanders, Sparks, LAFC, and the Washington Spirit. And he’s done it with a focus on impact, bringing economic opportunities to communities that need them most.
In the 1980s, Magic signed what was then the biggest deal in sports history, a $25 million contract with the Lakers. Fast forward to today, and that’s roughly the weekly cost of his vacation ride.
So while most of us are packing for a few days away from home or backyard BBQs, Magic Johnson is clinking glasses of rosé on a yacht bigger than your local hotel.
Photo Credit: DepositPhotos.com
