Johnson, who’s the majority owner of the Charlotte Bobcats NBA team, said he didn’t walk away with any understanding of what a Joe Biden administration would offer following last week’s presidential debate between the two candidates.
“Where I come out as a businessman, I will take the devil I know over the devil I don’t know any time of the week.
“I know what President Trump has done and what he’s said he will do. I don’t know what Vice President Biden has said he will do other than masks, listen to the scientists,” the 74-year-old Johnson said.
In his almost endorsement of Donald Trump, Johnson seemed more concerned about the economic impact more than anything else.
“I would rather know who I’m going to deal with in the White House. I’m going to know what regulatory decisions they’re going to make. What fiscal policy decisions, what monetary policies they’re going to make than to be taking a chance, particularly when you have the turbulence of a pandemic.”
Back in 2016 Johnson was offered a position in the Trump administration. He said he declined the offer because of the government red tape.
Launched in 1979, Johnson sold Black Entertainment Television to Viacom in 2000 for $3 billion. Outside of the Charlotte Bobcats, Johnson has controlling share in a number of companies, including RLJ McLarty Landers Holdings L.L.C., the highest-earning black-owned auto company with annual revenues of $1.8 billion.