NBA
Magic Johnson
Magic Johnson
Los Angeles Lakers, Point Guard
Age: 65y-4m-8d (Aug 14, 1959)
Exp: 14 Years
Country: US
College: Michigan State
Drafted: Round 1 (#1 overall), 1979
RETIRED
1984-2009 Veteran Extension
Magic Johnson signed a 25 year , $25,000,000 contract with the Los Angeles Lakers, including $25,000,000 guaranteed, and an average annual salary of $1,000,000.
Contract Terms:
25 yr(s) / $25,000,000
Average Salary:
$1,000,000
GTD at Sign:
$25,000,000
Total GTD:
$25,000,000
Signed Using:
To see the rest of the Magic Johnson's contract breakdowns, & gain access to all of Spotrac's Premium tools, sign up today. Already Subscribed? Login Here
1979-1983 Rookie
Magic Johnson signed a 5 year , $2,300,000 contract with the Los Angeles Lakers, including $2,300,000 guaranteed, and an average annual salary of $460,000.
Contract Terms:
5 yr(s) / $2,300,000
Average Salary:
$460,000
GTD at Sign:
$2,300,000
Total GTD:
$2,300,000
Signed Using:
Free Agent:
1984 / UFA
To see the rest of the Magic Johnson's contract breakdowns, & gain access to all of Spotrac's Premium tools, sign up today. Already Subscribed? Login Here
Seasons
14 Years
Career Earnings thru 2024
$39,342,860
Earnings w/ Different Teams
1 team
Earnings Per Year
| Year | Age | Team(s) | Status | Cash Total | Cash Cumulative | Awards |
|---|---|---|---|---|---|---|
| 1979 | 20 |
|
Active
|
$460,000 |
$460,000 |
|
| 1980 | 21 |
|
Active
|
$460,000 |
$920,000 |
|
| 1981 | 22 |
|
Active
|
$460,000 |
$1,380,000 |
Champion |
| 1982 | 23 |
|
Active
|
$460,000 |
$1,840,000 |
Champion |
| 1983 | 24 |
|
Active
|
$460,000 |
$2,300,000 |
|
| 1984 | 25 |
|
Active
|
$1,000,000 |
$3,300,000 |
|
| 1985 | 26 |
|
Active
|
$2,500,000 |
$5,800,000 |
Champion |
| 1986 | 27 |
|
Active
|
$1,000,000 |
$6,800,000 |
|
| 1987 | 28 |
|
Active
|
$2,500,000 |
$9,300,000 |
Champion |
| 1988 | 29 |
|
Active
|
$3,142,860 |
$12,442,860 |
Champion |
| 1989 | 30 |
|
Active
|
$1,000,000 |
$13,442,860 |
|
| 1990 | 31 |
|
Active
|
$2,400,000 |
$15,842,860 |
|
| 1991 | 32 |
|
Active
|
$2,500,000 |
$18,342,860 |
|
| 1992 | 33 |
|
Active
|
$2,500,000 |
$20,842,860 |
|
| 1993 | 34 |
|
Active
|
$2,500,000 |
$23,342,860 |
|
| 1994 | 35 |
|
Active
|
$1,000,000 |
$24,342,860 |
|
| 1995 | 36 |
|
Active
|
$1,000,000 |
$25,342,860 |
|
| 1996 | 37 |
|
Active
|
$1,000,000 |
$26,342,860 |
|
| 1997 | 38 |
|
Active
|
$1,000,000 |
$27,342,860 |
|
| 1998 | 39 |
|
Active
|
$1,000,000 |
$28,342,860 |
|
| 1999 | 40 |
|
Active
|
$1,000,000 |
$29,342,860 |
Champion |
| 2000 | 41 |
|
Active
|
$1,000,000 |
$30,342,860 |
Champion |
| 2001 | 42 |
|
Active
|
$1,000,000 |
$31,342,860 |
Champion |
| 2002 | 43 |
|
Active
|
$1,000,000 |
$32,342,860 |
|
| 2003 | 44 |
|
Active
|
$1,000,000 |
$33,342,860 |
|
| 2004 | 45 |
|
Active
|
$1,000,000 |
$34,342,860 |
|
| 2005 | 46 |
|
Active
|
$1,000,000 |
$35,342,860 |
|
| 2006 | 47 |
|
Active
|
$1,000,000 |
$36,342,860 |
|
| 2007 | 48 |
|
Active
|
$1,000,000 |
$37,342,860 |
|
| 2008 | 49 |
|
Active
|
$1,000,000 |
$38,342,860 |
Champion |
| 2009 | 50 |
|
Active
|
$1,000,000 |
$39,342,860 |
Champion |
| Total |
$39,342,860 |
Earnings Per Team
| Years | Team | Base | Signing | Incentives | Cash Cumulative |
|---|---|---|---|---|---|
| 31 |
|
$39,342,860 | - | - | $39,342,860 |
| Year | Team(s) | Age | Base | Signing | Incentives | Cash Total | Cash Cumulative |
|---|---|---|---|---|---|---|---|
| 1979 |
|
20 |
$460,000
|
$460,000 |
$460,000 |
||
| 1980 |
|
21 |
$460,000
|
$460,000 |
$920,000 |
||
| 1981 |
|
22 |
$460,000
|
$460,000 |
$1,380,000 |
||
| 1982 |
|
23 |
$460,000
|
$460,000 |
$1,840,000 |
||
| 1983 |
|
24 |
$460,000
|
$460,000 |
$2,300,000 |
||
| 1984 |
|
25 |
$1,000,000
|
$1,000,000 |
$3,300,000 |
||
| 1985 |
|
26 |
$2,500,000
|
$2,500,000 |
$5,800,000 |
||
| 1986 |
|
27 |
$1,000,000
|
$1,000,000 |
$6,800,000 |
||
| 1987 |
|
28 |
$2,500,000
|
$2,500,000 |
$9,300,000 |
||
| 1988 |
|
29 |
$3,142,860
|
$3,142,860 |
$12,442,860 |
||
| 1989 |
|
30 |
$1,000,000
|
$1,000,000 |
$13,442,860 |
||
| 1990 |
|
31 |
$2,400,000
|
$2,400,000 |
$15,842,860 |
||
| 1991 |
|
32 |
$2,500,000
|
$2,500,000 |
$18,342,860 |
||
| 1992 |
|
33 |
$2,500,000
|
$2,500,000 |
$20,842,860 |
||
| 1993 |
|
34 |
$2,500,000
|
$2,500,000 |
$23,342,860 |
||
| 1994 |
|
35 |
$1,000,000
|
$1,000,000 |
$24,342,860 |
||
| 1995 |
|
36 |
$1,000,000
|
$1,000,000 |
$25,342,860 |
||
| 1996 |
|
37 |
$1,000,000
|
$1,000,000 |
$26,342,860 |
||
| 1997 |
|
38 |
$1,000,000
|
$1,000,000 |
$27,342,860 |
||
| 1998 |
|
39 |
$1,000,000
|
$1,000,000 |
$28,342,860 |
||
| 1999 |
|
40 |
$1,000,000
|
$1,000,000 |
$29,342,860 |
||
| 2000 |
|
41 |
$1,000,000
|
$1,000,000 |
$30,342,860 |
||
| 2001 |
|
42 |
$1,000,000
|
$1,000,000 |
$31,342,860 |
||
| 2002 |
|
43 |
$1,000,000
|
$1,000,000 |
$32,342,860 |
||
| 2003 |
|
44 |
$1,000,000
|
$1,000,000 |
$33,342,860 |
||
| 2004 |
|
45 |
$1,000,000
|
$1,000,000 |
$34,342,860 |
||
| 2005 |
|
46 |
$1,000,000
|
$1,000,000 |
$35,342,860 |
||
| 2006 |
|
47 |
$1,000,000
|
$1,000,000 |
$36,342,860 |
||
| 2007 |
|
48 |
$1,000,000
|
$1,000,000 |
$37,342,860 |
||
| 2008 |
|
49 |
$1,000,000
|
$1,000,000 |
$38,342,860 |
||
| 2009 |
|
50 |
$1,000,000
|
$1,000,000 |
$39,342,860 |
||
| Total |
$39,342,860 |
$39,342,860 |
Earnings Per Team
| Years | Team | Base | Signing | Incentives | Cash Cumulative |
|---|---|---|---|---|---|
| 31 |
|
$39,342,860 | - | - | $39,342,860 |
- Jul 17, 1996 Los Angeles (LAL) renounced free-agent exception rights
-
May 14, 1996
Retired from Professional Basketball
-
Jan 20, 1996
Signed a contract with Los Angeles (LAL)
- Jan 20, 1996 Came out of retirement to resume professional basketball career
-
Nov 03, 1992
Waived by Los Angeles (LAL)
-
Nov 03, 1992
Retired from Professional Basketball
-
Oct 01, 1992
Signed an extension with Los Angeles (LAL)
- Sep 29, 1992 Came out of retirement to resume professional basketball career
-
Nov 07, 1991
Retired from Professional Basketball
-
Aug 01, 1984
Signed a contract with Los Angeles (LAL)
-
Aug 01, 1979
Signed a contract with Los Angeles (LAL)
-
Jun 25, 1979
Drafted by Los Angeles (LAL): Round 1 (#1 overall)
| Year | Team | GP | GS | Min/Gm | Pt/Gm | Reb/Gm | Ast/Gm | Stl/Gm | Blk/Gm | FG% | 3PT% | FT% |
|---|
