Magic Johnson has signed a new two-year contract to play with Magic M7, the team from the Swedish town of Boras that he bought last year.

"He signed the deal two days ago and obviously he believes in what we're doing," Magic M7 Manager Steve Haney said yesterday.

Johnson, 40, led his team to an 84-60 victory over Sallen from Uppsakka in October and will return to Sweden this week to play in five league matches, starting with a Jan. 14 game in Gothenberg against Sundsvall Dragons.

HILL HONORED: Pistons F Grant Hill was named NBA player of the week after scoring 40 or more points in three of four games. Hill led the Pistons to a 3-1 record, averaging 38.8 points, 7.5 assists and 5.3 rebounds.

CELTICS' GRIFFIN OUT: Celtics F Adrian Griffin was placed on the injured list and will miss at least five games with a sprained right ankle, the team said. Boston also activated F Walter McCarty from the injured list to replace Griffin. . . .

Bulls G B.J. Armstrong, who missed the first 15 games of the season recovering from arthroscopic surgery on his left knee, will be out a minimum of two weeks after reinjuring it Saturday.

RODMAN DRAWS INTEREST: Dennis Rodman's agent, Steve Chasman, said the Mavericks are one of three teams that are interested in Rodman. He did not identify the other teams.