Unlike most deferred comp arrangements, there was apparently no agreed-upon figure or formula for calculating the amount of compensation. Johnson reached agreement with himself on how much he should get paid. The amount he arrived at just happened to cover what he had recently dropped on the election.
Remember, corporate contributions directly to a federal candidate remain illegal. That includes reimbursements.
Johnson's explanation for all this? "It's a private business. I've complied with all the disclosure laws, and I don't have to explain it any further to someone like you," Johnson told the Milwaukee Journal Sentinel's Daniel Bice.