Orlando Magic Company Description
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.
View the Comprehensive Company Description for Orlando Magic
The Company Description provides a historical perspective of Orlando Magic's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Orlando Magic's evolution in the marketplace.
