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Previous Contracts
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1984-2009
Contract: 25 yr(s) / $25,000,000 Average Salary: $1,000,000 Guaranteed at Signing $25,000,000 Signed Using: Veteran Extension 1979-1983Entry Level
Contract: 5 yr(s) / $2,300,000 Average Salary: $460,000 Guaranteed at Signing $2,300,000 Signed Using: Entry Level Free Agent: 1984 / UFA -
Estimated Career Earnings
A look at the calculated cash earnings for Magic Johnson, including any upcoming years.
Year Team Awards Salary Signing Bonus Incentive Trade Kicker Total Cash 1979-80 $460,000 - - - $460,000 1980-81 $460,000 - - - $460,000 1981-82 $460,000 - - - $460,000 1982-83 $460,000 - - - $460,000 1983-84 $460,000 - - - $460,000 1984-85 $1,000,000 - - - $1,000,000 1985-86 $2,500,000 - - - $2,500,000 1986-87 $1,000,000 - - - $1,000,000 1987-88 $2,500,000 - - - $2,500,000 1988-89 $3,142,860 - - - $3,142,860 1989-90 $1,000,000 - - - $1,000,000 1990-91 $2,400,000 - - - $2,400,000 1991-92 $2,500,000 - - - $2,500,000 1992-93 $2,500,000 - - - $2,500,000 1993-94 $2,500,000 - - - $2,500,000 1994-95 $1,000,000 - - - $1,000,000 1995-96 $1,000,000 - - - $1,000,000 1996-97 $1,000,000 - - - $1,000,000 1997-98 $1,000,000 - - - $1,000,000 1998-99 $1,000,000 - - - $1,000,000 1999-00 $1,000,000 - - - $1,000,000 2000-01 $1,000,000 - - - $1,000,000 2001-02 $1,000,000 - - - $1,000,000 2002-03 $1,000,000 - - - $1,000,000 2003-04 $1,000,000 - - - $1,000,000 2004-05 $1,000,000 - - - $1,000,000 2005-06 $1,000,000 - - - $1,000,000 2006-07 $1,000,000 - - - $1,000,000 2007-08 $1,000,000 - - - $1,000,000 2008-09 $1,000,000 - - - $1,000,000 2009-10 $1,000,000 - - - $1,000,000 Est. Earnings
(31 seasons)$39,342,860 - - - $39,342,860 Seasons Team Salary Signing Bonus Incentive Trade Kicker Total Cash 31 seasons $39,342,860 - - - $39,342,860 * earnings may include deduction of original cashed earned due to shortened season
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Transactions
Jul 17 1996Los Angeles (LAL) renounced free-agent exception rightsMay 14 1996Retired from Professional BasketballJan 20 1996Signed a contract with Los Angeles (LAL)Jan 20 1996Came out of retirement to resume professional basketball careerNov 3 1992Waived by Los Angeles (LAL)Nov 3 1992Retired from Professional BasketballOct 1 1992Signed an extension with Los Angeles (LAL)Sep 29 1992Came out of retirement to resume professional basketball careerNov 7 1991Retired from Professional BasketballAug 1 1984Signed a contract with Los Angeles (LAL)Aug 1 1979Signed a contract with Los Angeles (LAL)Jun 25 1979Drafted by Los Angeles (LAL): Round 1 (#1 overall) -
Statistics