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 foundation to serve the needs of youth in Northern California. Today, the Walter S. Johnson Foundation continues his legacy, funding education, leadership and economic development programs for youth and families. Walter S. Johnson Walter S. Johnson (1884–1978) was a notable businessman and philanthropist in San Francisco, California. He was one of the founders of the American Forest Products Corporation, a Fortune 500 company in the 1950s and 1960s, and of Friden, Inc., the Friden Calculating Machine Company, which developed and sold electro-mechanical numerators and office equipment, predecessors of today's computerized counterparts. As a philanthropist, Walter S. Johnson is most