Jan 25, 2013, 4:18 PM EDT
The Buss family was once described to me as a Shakespearian drama — the strong patriarch and beloved king holds the family and kingdom together, but someday the fight for power among his children will potentially destroy everything their father built.
Right now, Jerry Buss still owns the Lakers. His son Jim runs the basketball side of the operation, his daughter Jeannie the business side. Four other children are involved at various levels and will someday be part owners. Jerry Buss, 79, has been hospitalized a couple times in recent years and has not been to a Lakers game in more than a year.
The Lakers have more than enough on-the-court issues to keep fans distracted this season, but another and potentially larger issue is brewing behind the scenes, reports Kevin Ding of Orange County Register.
Well … Jeanie and Jim aren’t speaking to each other.
They haven’t since Mike Brown was fired as Lakers coach in early November and the Lakers went through that unseemly, confusing, hurtful dance with Phil Jackson – the love of Jeanie’s life and now her fiancé – before hiring Mike D’Antoni.
And before you say “Jeanie should buy out Jim, bring back Phil and all will be right with the world” know that it’s not going to work that way.
Details are scarce as to how Buss’ trust is set up, but it is believed that amid all the complicated rules and regulations, the children agreed previously to heed their father’s wishes and structure the trust to keep that majority ownership in the family. The six children (Johnny, Jim, Jeanie, Janie, Joey and Jesse) are believed to be locked in together by the trust – so that they stay together or they sell together.
The potential scenarios are nearly endless. There are groups reportedly buzzing about ready should the Buss family want to sell, although I had been told years ago that AEG (owners of Staples Center and a percentage of the Lakers) had first right of refusal. Of course, AEG is up for sale and parts may be broken off, making the situation all the more complex.
It could end up with absentee owners — the proverbial prince/princess banished from the kingdom — but it could go a lot of ways. Just something else for Lakers fans to worry about, as if there aren’t enough other issues this season.
Apr 27, 2015, 7:58 PM EDT
The doctor will decide if microfracture is needed while doing a scope.
Apr 27, 2015, 7:17 PM EDT
The Cavs will be without two starters for the first two games of next round.
Apr 27, 2015, 6:59 PM EDT
Davis was +35 when playing while Green sat, -55 while Green was on the court at the same time.
Apr 27, 2015, 6:22 PM EDT
He would have been key against the Bulls to help space the floor.
Apr 27, 2015, 5:45 PM EDT
Olynyk finds common ground with Clevelanders
Apr 27, 2015, 4:59 PM EDT
Stats show Boston defended LeBron well, he just hit the shots anyway.
Apr 27, 2015, 4:15 PM EDT
I say Smith should get at least three games.
Apr 27, 2015, 3:44 PM EDT
They need the swelling to go down to get a sense of his return,
Apr 27, 2015, 3:07 PM EDT
Preview socks for the Cavaliers, Heat, Spurs and Warriors
Apr 27, 2015, 2:29 PM EDT
Cavaliers gave him a chance to wait by sweeping Celtics
Apr 27, 2015, 1:49 PM EDT
Rockets lost closeout game to Dallas
Apr 27, 2015, 1:12 PM EDT
Wallace owed more than $10 million next season
Apr 27, 2015, 12:26 PM EDT
What does Walker’s cratered draft stock say about Billy Donovan?
Apr 27, 2015, 11:45 AM EDT
If that was their plan, they executed it well
Apr 27, 2015, 11:03 AM EDT
Isaiah Thomas played, um, creative defense
Apr 27, 2015, 10:24 AM EDT
Celtics were reportedly gaining ground before Kelly Olynyk
Apr 27, 2015, 9:46 AM EDT
Wizards forward started talking before series, hasn’t stopped
Apr 27, 2015, 9:07 AM EDT
Celtics forward: ‘I would never intentionally hurt Kevin or anyone else’
Apr 27, 2015, 8:30 AM EDT
Somebody looks a lot more comfortable with no Rajon Rondo around.
Apr 27, 2015, 8:00 AM EDT
Well played Rick Carlisle. Well played.
- Report: Chandler Parsons to have knee surgery, could require microfracture surgery 0
- Cavaliers’ J.R. Smith gets two-game suspension for shot to Jae Crowder’s head 11
- PBT Extra with NBASavant.com: Draymond Green helped hold Anthony Davis in relative check 2
- Cavaliers’ Kevin Love out for entire conference semifinals (likely vs. Bulls) 9
- PBT Extra with NBASavant.com: LeBron got his shots despite good Celtics defense 3
- PBT Extra: For how long should J.R. Smith be suspended? 31
- Report: If Kevin Love leaves Cavaliers, Lakers are team to beat in free agency 32
- Rumor: Kevin Love out minimum of two weeks, will likely miss most or all of series vs. Bulls 39