Orlando Magic, Ltd. · Orlando, FL United States
Company Description
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This link will open in a new window This organization hopes to work a little voodoo on the basketball court. The Orlando Magic is a professional basketball franchise that joined the National Basketball Association in 1989. A surprising upstart, Orlando made its first playoff appearance in 1994 with the help of star center Shaquille O'Neal and reached the NBA Finals the following season, losing to the Houston Rockets in four games. (O'Neal left the following year to join the Los Angeles Lakers .) Founded by local businessman Jim Hewitt, the team holds court at Orlando's Amway Arena; the family of Amway co-founder Rich DeVos has owned the Magic through RDV Sports since 1991. To read the full description, subscribe now.
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Key Orlando Magic, Ltd. Financials
| Company Type | Private Single Location |
| Fiscal Year-End | June |
| Annual Sales (mil.) | $7.4 |
| Employees | 125 |
Orlando Magic, Ltd. Executives
28 executives listed for Orlando Magic, Ltd.'s Orlando, FL location.
| Title | Name & Bio | Contact |
| Owner and Chairman | Richard DeVos | Network |
| President and CEO | Bob Vander Weide | Network |
| COO | Alex Martins | Network |
Competition
Competitive Landscape for Orlando Magic, Ltd.
Demand is driven by consumer income and corporate entertainment spending. The profitability of individual teams depends on achieving high fan attendance and a large TV audience, both of which are enhanced by effective marketing and competitive play. Teams in large metropolitan areas have advantages in the population base and TV audience they can draw on, though they may face competition from other teams. Teams in smaller markets, along with less popular sports and minor league teams, can compete by building fan loyalty through local marketing promotions and an appeal to civic pride. Average annual revenue per worker across all sports teams is over $325,000. To read the full description, subscribe now.Top Orlando Magic, Ltd. Competitors
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