Feb 18, 2013, 8:32 PM EDT
Lakers fans have always felt uneasy talking about the reality that hit the team today — life for the organization after Jerry Buss, who passed away Monday morning.
The Hall of Fame Lakers owner was the man with the vision and plan that made the Lakers the most successful franchise in the NBA of the last 30 years. He was brilliant at marketing but he also hired people with good basketball instincts and he understood the value of stars in the NBA. Under him, the Lakers made the NBA finals 48 percent of the years since he bought the team.
Now his children take over the organization and a new legacy begins. Every title, all the success so far goes on Jerry’s side of the Lakers ledger. It’s now tabula rasa.
If one thing should be clear from what the family said Monday is should be this — the Lakers are not being sold. It is something the family said in a statement in January, said in a statement again Monday and was reiterated by a team spokesman later on Monday at a press conference. The Buss family will continue to control the franchise.
“It was our father’s often stated desire and expectation that the Lakers remain in the Buss family. The Lakers have been our lives as well and we will honor his wish and do everything in our power to continue his unparalleled legacy,” the family said in a statement.
Jerry Buss’ six children each have a stake in a complicated trust that gives them as a group a majority ownership of the franchise (believed to be about 65 percent, with AEG the next largest owner at about 30 percent). Jim, Jeanie and Johnny manage the trust. Each family member has some role in the organization.
Jim Buss has and will maintain ultimate control of the of the basketball side of the operations (something he has basically done for several years now working with Mitch Kupchak). However, on the basketball side Jerry was always the ultimate decider, now that falls to Jim. Jeanie Buss will continue to run the business side of the operation, as she has done for a decade. She has a fantastic reputation around the league with other owners.
Reports had surfaced that, at least before their father’s recent turn for the worse, Jim and Jeanie had not spoken since Jeanie’s fiancé Phil Jackson was interviewed but turned down to return as Lakers coach.
The question on everyone’s mind is “can Jim live up to his father’s legacy? Or will there be changes?” In the short term, probably not much changes. In the long term… that remains to be seen.
Jerry was a gambler, but a guy who always did his research then trusted his conclusions. Like the good poker player he was, when he took a risk it was calculated not impulsive. He stayed true to his vision.
Whether Jim Buss has both the vision and ability to pull that off remains to be seen. His test starts now.
If Jeanie and Jim work together, the Lakers could and should remain one of the most powerful franchises and brands the NBA has. However, there is the potential Shakespearian-level drama if there is a struggle for power.
And if that happens Lakers fans should be worried, because the fantastic success of the organization started with stability and vision from the top.
Mar 11, 2014, 10:03 AM EDT
Yannick Noah would rather do more of the Dikembe Mutombo finger wag
Mar 11, 2014, 9:30 AM EDT
This seems like more than a coincidence.
Mar 11, 2014, 8:44 AM EDT
Griffin should have gone for the full tear, though.
Mar 11, 2014, 8:00 AM EDT
“There’s no better preparation than going straight to the NBA… I think the NBA is the best teacher.”
Mar 11, 2014, 3:20 AM EDT
Blake Griffin is good at basketball. Also: Kyle Korver can still shoot.
Mar 11, 2014, 3:05 AM EDT
Los Angeles learned an important less on Monday — don’t let up against the Suns.
Mar 11, 2014, 1:18 AM EDT
“We got tangled up and went down and, you know,” Griffin said with a grin after the game.”Took a little forearm. But you know, it happens.”
Mar 11, 2014, 12:14 AM EDT
This was not the one shot Griffin missed on Monday.
Mar 10, 2014, 11:05 PM EDT
Guard has been out since Jan. 10 surgery to repair a torn meniscus in his right knee.
Mar 10, 2014, 10:03 PM EDT
Serious charge of fun challenge?
Mar 10, 2014, 8:44 PM EDT
Run, Phil, run
Mar 10, 2014, 8:04 PM EDT
All the audio and video you need to enrich your NBA feud of the day.
Mar 10, 2014, 7:07 PM EDT
Does he mean Carmelo Anthony, Andrea Bargnani or J.R. Smith?
Mar 10, 2014, 6:11 PM EDT
Phil Jackson seems destined for New York. I argue that’s a good thing… but only if Jackson has a Jedi mind trick that can keep James Dolan at bay.
Mar 10, 2014, 5:21 PM EDT
Kansas’ Joel Embiid — potentially the top pick in the upcoming NBA Draft — has sought out a second opinion on his back injury. Just a reminder of why he should jump to the NBA rather than stay another year in college.
Mar 10, 2014, 4:05 PM EDT
As if his season hasn’t been a big enough disappointment, Cleveland’s No. 1 overall pick Anthony Bennett will miss at least 10 games with a knee strain.
Mar 10, 2014, 3:48 PM EDT
Nobody thinks Mike D’Antoni is the long term answer for the Lakers, but what is the point of switching out coaches this late in a lost season?
Mar 10, 2014, 3:07 PM EDT
All the buzz has Phil Jackson taking a front office job with the Knicks (he’s just deliberate in making decisions like this)… but nobody asked Carmelo what he thought? Really?
Mar 10, 2014, 2:41 PM EDT
And the first Eastern Conference team comes in at …
Mar 10, 2014, 1:49 PM EDT
Bulls fans have taken to chanting “M-V-P” when Joakim Noah heads to the free throw line — and he does not like it one bit.
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