He is now trying his hand at NASCAR.
Long the province of Southern "crackers" NASCAR or "stock car" racing has become the largest sport in America, eclipsing Major League Baseball, the NFL, the NBA and other sports. However, it is not a sport that until recently has tried to reach out to minorities. Magic has come in to boost the sport among non-whites.
As well, through his business ventures, Magic has dabbled in local Los Angeles politics. Many have suggested he could run for office some day.
What if Tony Villar came up short on election day and we then slog through four years of a lame duck Mayor Poopy. In 2009, Magic could run for Mayor. He would take office a month before his 50th birthday.
As a succesful Mayor for eight years - with all his business connections - Magic could take on the Governor's seat - or maybe - given all the connections he could earn down South with his NASCAR connections - go straight to President of the United States.
A bit fantastical I admit, but it could happpen.