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Home > Company Index > Leisure > Professional Sports Teams & Organizations > Orlando Magic

Orlando Magic
 PROFILE
Perhaps there's destiny in a name. After dribbling onto the court in 1989, the Orlando Magic defied the odds against expansion teams, struggling for only a short time in its infancy. The team drafted Goliath-like center Shaquille O'Neal in 1992 and instantly became a serious NBA competitor. In 1995 the Magic, behind the talents of O'Neal and guard Anfernee "Penny" Hardaway, made the NBA finals, but were swept by the Houston Rockets. Free-agent O'Neal left for the Los Angeles Lakers in 1996 and the team lost Hardaway to the Phoenix Suns in 1999. The following year Orlando signed free agents Tracy McGrady and Grant Hill in hopes of regaining the finals. Rich DeVos, co-founder of Amway, owns the team.

 COMPETITION
The Heat Group (dossier)
New York Knickerbockers (dossier)
Philadelphia 76ers (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 66.00
1-Yr. Sales Growth: 74.1%
Employees: 130
Revenue per employee: $507,692.31

 KEY PEOPLE
• Bob Vander Weide
    CEO
• Jim Fritz
    CFO

 CONTACT INFO
2 Magic Place, 8701 Maitland Summit Blvd.
Orlando, FL 32810
US
Phone: 407-916-2400
Fax: 407-916-2830
Online: Web Site

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