Magic Johnson 25 Year Extension. Buss had a keen eye for bright stars on the court. In 1981, magic signed a 25 year, $25 million dollar contract.

The crazy deal was to keep johnson a laker for a long, long time, running. The beginning of the contract was in 1984 and it expired in 2009, but what is more important it was a promise to bring johnson onboard as a part of the lakers’ front office.