The 1991–92 NBA season was the Lakers' 44th season in the National Basketball Association, and 32nd in the city of Los Angeles.^[1] This was the start of a new era for the Los Angeles Lakers, as they were coming from an NBA Finals defeat to the Chicago Bulls in five games, but also with the sudden retirement of their long-time superstar, Magic Johnson, after he announced that he was HIV positive.^{[2][3][4][5][6]} Johnson would briefly come back and play in the 1992 NBA All-Star Game in Orlando despite controversy;^[7][8][9] he was selected along with teammate James Worthy,^[10] and won the All-Star MVP award, as the Western Conference defeated the Eastern Conference, 153–113.^{[11][12][13][14]}

During the off-season, the Lakers acquired Sedale Threatt from the Seattle SuperSonics.^[15][16] Starting the season without Johnson for the first time since 1979, the Lakers won 10 of their first 13 games, including a nine-game winning streak, and held a 28–18 record at the All-Star break.^[17] However, they struggled in February, losing seven straight games and posting a 3–9 record during the month. The Lakers ultimately finished sixth in the Pacific Division with a 43–39 record,^[18] which was their worst record since the 1975–76 season.^[19]

Worthy averaged 19.9 points, 5.6 rebounds, 4.7 assists and 1.4 steals per game, but only played 54 games due to a knee injury,^[20][21][22] while Sam Perkins averaged 16.5 points and 8.8 rebounds per game, and Threatt provided the team with 15.1 points, 7.2 assists and 2.0 steals. In addition, Byron Scott averaged 14.9 points and 1.3 steals per game, while A.C. Green provided the team with 13.6 points and 9.3 rebounds per game, Vlade Divac contributed 11.3 points, 6.9 rebounds and 1.5 steals per game, but only played just 36 games due to a back injury,^[23][24] and sixth man Terry Teagle averaged 10.7 points per game off the bench.^[25]

As the #8 seed in the Western Conference, the Lakers were defeated in the Western Conference First Round of the playoffs by the Portland Trail Blazers, 3–1.^[26][27][28] The Blazers would lose in six games to the defending champion Chicago Bulls in the NBA Finals.^{[29][30][31][32][33]} Following the season, head coach Mike Dunleavy left and took a coaching job with the Milwaukee Bucks,^[34][35] and Teagle was released to free agency.

NOTE: Please write the players statistics in alphabetical order by last name.

Starting point guard Magic Johnson missed the first three games with an unspecified "stomach ailment". On November 7, 1991, Johnson announced that he had tested positive for HIV and would immediately retire.^{[2][3][4][5][6]} Johnson discovered his condition after attempting to purchase life insurance and failing the HIV test conducted by Lakers team doctor. During the press conference, he stated that his wife Cookie and unborn child were HIV negative and that he would become an advocate for HIV education and prevention. The NBA world was shocked; U. S. president George H. W. Bush said: "For me, Magic is a hero, a hero for anyone who loves sports."^[36] Johnson was still listed on the roster, as an injured reserve, and continued to be paid.

Johnson was voted in on the West team for the 1992 NBA All-Star Game. Columnists and other people speculated on whether he would play. Because HIV is spread through blood, some players voiced concerns about being infected if Johnson were to get a bleeding wound and touch them. Utah Jazz forward Karl Malone was the most vocal player to express concern.^{[7][8][9][37]} Nevertheless, Johnson played in the All-Star Game, leading the West to a 153–113 win and being named the All-Star Most Valuable Player (MVP). The game ended with 14.5 seconds remaining; when Johnson drained a last-minute three-pointer, other players ran on the court to congratulate Johnson and exchange high-fives.^[11][12][13] It would be Johnson's last game until he made a brief return at the end of the 1995–96 season.^[38]

Despite being HIV positive, Johnson was chosen for the US team for the 1992 Summer Olympics. The squad was quickly dubbed the Dream Team because of its abundance of NBA stars such as Jordan, Karl Malone and Bird, but Johnson was the main attraction.^[39] At the Olympic Opening Ceremony, German tennis player Steffi Graf ordered colleague Barbara Rittner to photograph her with Johnson, and in the match against Spain, Spanish captain Juan Antonio San Epifanio and his squad demonstratively hugged him, showing that his HIV infection did not matter to them. During the tournament, Johnson struggled with knee problems and played for only a fraction of the games. The point guard position was mostly run by Utah Jazz all-time assist leader John Stockton, but Johnson's presence alone was enough to provoke standing ovations from the crowd. He used the spotlight to attempt to inspire HIV positive people in several interviews.^{[citation needed]}

• Magic Johnson, NBA All-Star Game Most Valuable Player Award
• Magic Johnson, J. Walter Kennedy Citizenship Award