Magic Johnson Buss had given Johnson a contract that paid him $14 million a year, as payback for all the years he was not the league's highest paid player. Although Johnson's retirement prior to the 1992–93 NBA season voided this contract, Buss insisted that he still be paid. It was this arrangement that allowed Johnson to coach the team without receiving any additional salary. After Johnson ended his coaching stint, Buss sold him a 4% stake in the Lakers for $10 million, and Johnson served as a team executive. Johnson's autobiography is Other biographies include: Magic Johnson Earvin "Magic" Johnson Jr. (born
Walter S. Johnson a state Assembly Bill offering $2 million in restoration funds if the city of San Francisco would match it. The city faltered and Johnson stepped up to the plate, donating the needed $2 million to the project. The state funds kicked in and work on the Palace began. Johnson continued to contribute to the Palace for the rest of his life. In tribute, the city named the surrounding grounds the Walter S. Johnson Park. The Palace was not the first historic building that interested Johnson. The Augustin Bernal Adobe house in Pleasanton, California and the surrounding ranch land were purchased