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
Magic Johnson Award Magic Johnson Award The Magic Johnson Award is an annual award for a National Basketball Association (NBA) player who recognizes excellence on the court and cooperation and dignity with the media and public. The award, which was created in 2001 by the Pro Basketball Writers Association a professional nonprofit organization comprised approximately 175 writers and editors of people who regularly cover the NBA for newspapers, magazines and websites has been given to some of the league's most prominent players over the years. It is named in honor of player Magic Johnson, whom the writers association regards as "the ideal model"