BEVERLY HILLS, Calif. Earvin “Magic” Johnson today announced his acquisition of new football and basketball franchises in SimWin Sports, the world’s premier digital sports league. The basketball legend now has an investment stake in the company and leads the list of Hall of Fame owners at SimWin Sports, where virtual teams and athletes compete 24/7/365 to fuel on-demand fantasy sports contests.

SimWin Sports is the first professional sports league where the teams are owned by sports legends, celebrities and investors. Fans can join the action by acquiring, training, trading and selling virtual players. Built on proprietary Web3 technology, each player ownership presents a fun and unique business opportunity, sharing in multiple league revenue streams, earning salaries, performance bonuses, fantasy sports and secondary marketplace revenues.

Fans will have the opportunity to own a piece of digital sports history in SimWin Sports’ first-ever virtual athlete drop in the coming months.

“I’m so excited to be involved with SimWin, which is blazing a trail in one of the hottest new business sectors and has a great team leading the charge,” said Johnson. “This multi-billion-dollar business is about to take off and the SimWin model is an excellent way for sports fans to get involved in this groundbreaking opportunity. I look forward to contributing to its growth and success. Get ready for the Inaugural Draft Class NFT player drop coming soon. I might just draft one of your players for my team.”