John, Union, IA
Subj: That’s money, baby
Who has the distinction of signing the longest contract in NBA history?
That honors belongs to Magic Johnson who signed a 25 year, $25 million contract following the 1981 season. Although the salary was considered exorbitant at the time, it didn’t take long before lesser players were soon earning the same amount and Magic later restructured his deal to condense the final $21 million into seven years instead of 21.