According to The Hollywood Reporter, the filmmaker has been on a $10 million a year contract with Paramount Pictures since 2006.
Abrams has directed two Star Trek movies and Super 8 for Paramount, bringing in big box office success.
However for Lucasfilm to secure the director, Disney – which owns the rights to Star Wars – had to pay Paramount “a one-time shot of less than seven figures.”
Despite parachuting in to save Star Wars, it’s likely that Paramount will attempt a renewed deal with Abrams, who they consider “the next Steven Spielberg.”
Johnson previously said: “It was never in the plan for me to direct Episode IX, so I don’t know what’s going to happen with it.
“But for, me I was entirely focused on Episode VIII and having this experience and now I’m just thinking about putting the movie out there and seeing how audiences respond to it. So no, I’m not thinking about it right now.”