I've often wondered what the Lakers would have done if Magic hadn't retired after the 91 season. I can imagine them possibly trying to get someone like a Barkley or a Nique to pair up with Magic and that could have possibly changed the course of NBA history. We may have gotten more of Mike vs Magic and maybe just maybe Mike wouldn't have gotten to 6 rings. But of course history played out differently and left Jordan as the undisputed goat.
The Lakers would have needed some more talent. The 1991 playoffs (and especially the Finals) felt a bit like a last stand. It was the Lakers surprising everyone and getting to the Finals and not going quietly into the night when it looked like they were done in 1990.
Worthy and Scott were declining.
I think Magic (without HIV) still had a few good close-to-prime years left, but he was carrying too much of a load and also would have slowly declined.
Before Magic's announcement, I remember he was excited about the acquisition of Sedale Threatt to back him up because it would help reduce his load.
So the Lakers hadn't exactly done much to upgrade going into the 1991-92 season.