become part owner of the Los Angeles Dodgers. Buss supported Johnson as he revealed his diagnosis of HIV in 1991, and he never hesitated to keep Johnson close to the organization, bringing him in as part-owner, and even as a coach. Johnson had never seriously considered coaching, but he agreed to take the head coaching position with the Lakers in 1994 at Buss' request. In 1992, 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. Media figure and business interests In 1997, his production company Magic Johnson Entertainment signed a deal with Fox. In 1998, Johnson hosted a late night talk show on the Fox network called The Magic Hour, but the show was canceled after two months because of low ratings. Shortly after the cancellation of his talk show, Magic Johnson started a record label. The label, initially called Magic 32 Records, was renamed Magic Johnson Music when Johnson signed a joint venture with MCA in 2000. Magic Johnson Music signed R&B artist Avant as its first act. Johnson also co-promoted Janet Jackson's Velvet Rope Tour through his company Magicworks. He has also worked as a motivational speaker, and was an NBA commentator for Turner Network Television for seven years, before becoming a studio analyst for ESPN's NBA Countdown in 2008. Johnson runs Magic Johnson Enterprises, a conglomerate company that has a net worth of $700 million; its subsidiaries include Magic Johnson Productions, a promotional company; Magic Johnson Theaters, a nationwide chain of movie theaters; and Magic Johnson Entertainment, a film studio. In addition to these business ventures, Johnson has also created the Magic Card, a pre-paid MasterCard aimed at helping low-income people save money and participate in electronic commerce. In 2006, Johnson created a contract food service with Sodexo USA called Sodexo-Magic. In 2004, Johnson and his partner Ken Lombard sold Magic Johnson Theaters to Loews Cineplex Entertainment. The first Magic Johnson Theater located in the Baldwin Hills Crenshaw Plaza, closed