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
John S. Johnson John S. Johnson John S. Johnson (May 11, 1873–January 17, 1934) was an early American cyclist and speed skater. He was the first to bicycle 1-mile in less than two minutes, or 1:56.6. This happened in 1892 at a racing track in Independence, Iowa . Johnson was also a world record holder in speed skating, and won world championship titles in both sports. Later in his career, Johnson rode for racing teams sponsored by the bicycle manufacturers E.C. Stearns Bicycle Agency of Syracuse, N.Y., and Schwinn Bicycle Co. of Chicago. He was living in Minneapolis, Minnesota, and was of Swedish