Mark Walter Family Foundation and Los Angeles Dodgers Foundation have provided an initial commitment of $100 million.

Gov. Newsom enlisted the help of Dodgers Chairman Mark Walter, LA Lakers legend and businessman Earvin “Magic Johnson," and LA28 Chairperson Casey Wasserman for the initiative.

Gov. Gavin Newsom has launched a program called LA Rises which will provide financial support from private sectors to rebuild areas affected by LA wildfires.

Gavin Newsom announced today an initiative to help rebuild Los Angeles after the recent fires. Dubbed LA Rises, the effort will be led by high-profile sports and entertainment leaders, including Magic Johnson,

The program has enlisted Dodgers Chairman Mark Walter, Magic Johnson, and LA28 chairman and president Casey Wasserman to lead the initiative.

Gov. Gavin Newsom is tapping Magic Johnson, Dodgers Chairman Mark Walter and 2028 Olympics organizer Casey Wasserman to lead a new private-sector initiative to support wildfire recovery

The post-wildfire public-private partnership includes at least $100M of private capital and will shape "what L.A. is going to be like for the next 50 or 100 years."

Alongside the Lakers icon, the group will also be guided by Dodgers chairman Mark Walter and 2028 Olympics organizer Casey Wasserman.

Magic Johnson, Dodgers Chairman Mark Walter, and 2028 Olympics organizer Casey Wasserman will lead a new private-sector initiative to support wildfire recovery in Los Angeles, Gov. Gavin Newsom announced Tuesday.