los angeles lakers buss family trust. L. los angeles lakers buss family trust

 
Llos angeles lakers buss family trust  In Buss' mind, that familial bond and trust between the organization and the team was always as vital to their success

However, she admits that legends of the franchise’s past and present. toward the end of 1999, Buss is supposed to get a windfall of $50 million to $60 million. A Twitter user DMs Los Angeles Lakers owner Jeanie Buss to thank her and GM Rob Pelinka for the trades the team made at the deadline – but she wasn't happy. PHOTOS: Jerry Buss through the years. Jeanie Buss is proud of this Lakers squad. Dr. team’s evolution via the Buss family, players, coaches and fans, each sharing perspectives on its epic highs and distressing lows. After an apparent coup attempt within the Buss family that kept lawyers busy this week, we look at pressing questions surrounding the Los Angeles Lakers. Los Angeles Times. ESPN. Jerry Buss, the Los Angeles Lakers owner who shepherded the NBA team to 10 championships from the Showtime dynasty of the 1980s to the Kobe Bryant era, died Monday. 27%. Buss brothers agree to new board of directors for Lakers, with Jeanie Buss on it. Andrew D. 5%. When Buss died in February 2013, however, his controlling interest in the Lakers was passed on to his six children via a trust managed by sons Johnny and Jim as well as daughter Jeanie. Each sibling has a vote but Jeanie Buss is the managing owner. Jerry Buss owned 66% of the Lakers and therefore, each one of his children owned 11% of the Lakers. More. Standings. Lee Klose, posing with her book, "Late for the Buss: An Adoption Story. Upon Jerry Buss’ death in 2013, his six children inherited a family trust that owns 66% of the Lakers. LeBron James will 100% have his Lakers jersey retired, according to Jeanie Buss. Additional Crew: Law of the Lawless. Tags: Anthony Davis, Jeanie Buss, LeBron James, Los Angeles Lakers, Magic Johnson, Phil Jackson, Rich Paul, Rob Pelinka. The trust battle between the Buss siblings over control of the L. The family trusts that own 66% of the Lakers can elect three of the board’s five members. He was married to JoAnn Mueller. Reilly and I are having lunch in South Pasadena, far removed from life in the fast lane. Finding great success in the real estate business, he, along with longtime business partner, Frank Mariani, formed a real estate investment company. Just buying out the brothers by the Buss children is not that simple — the Lakers are worth an estimated $3 billion, according to Forbes. The inside story of how Lakers controlling owner Jeanie Buss seized control of her franchise for good, after years of familial drama -- and months of legal threats and maneuvers. In 2013-14, she assumed the duties of the president of the Los Angeles Lakers. Saving money from his first job out of USC, in 1959, Buss recruited four other investors to purchase a 14-unit rental apartment in West Los Angeles for a $6,000 down payment and $100,000 loan from. It will feature "exclusive access to the Buss family and probing,. Stats. Jeanie Buss became the first woman to own a championship NBA team after the Los Angeles Lakers won in 2020. Historical Win/Loss Record (Regular Season) Season Wins-Losses Percentage; 2022-2023: 43-39. Schedule Standings Stats Teams Players Daily Lines More The inside story of how Lakers controlling owner Jeanie Buss seized control of her franchise for good, after. He died on 18 February 2013 in Los Angeles, California, USA. More than making the Lakers the cool kids of professional basketball, Buss cared about. 13 terms. She dreamed of being a developer like her father, a chemist who grew up in Depression-era Wyoming, then moved to Los Angeles, where he made his millions. Buss took over as team president and as the Lakers representative on the NBA Board of Governors. Sharpe concluded by apologizing to his family and friends, as well as his work family at Fox and FS1 for his actions. 23, and also Nov. The Los Angeles Lakers returned to their first day of practice on Tuesday following the death of team owner Dr. Lee Klose finds birth family after decades. Buss owned a 66% controlling interest in the Lakers, and at the time of. landon and shavonda from real world: philadelphia. Image via. Todd Boehly is famous for being known as the. com) — A family feud over the ownership of the Los Angeles Lakers appears to be over. Previously, she spent six years covering football, first for the Florida Times-Union in Jacksonville, Fla. Johnny and Jeanie are the three trustees for the Buss family trust which owns 66 percent of the. Affiliation: National Basketball Association (NBA) (Western Conference-Pacific Division) Ownera: Jerry Buss Family Trust (majority); Philip Anschutz (minority), Edward P. 19, 2013. "You don't want to do that to other people who have families. The Lakers organization will stay in the Buss family in the wake of owner Jerry Buss' death Monday. The journey time between Los Angeles and Victoria, BC is around 38h 41m and covers a distance of around 2343 km. Schedule. Lakers News: Buss Family Intends to Keep Ownership of Lakers. Jerry Buss purchased the Lakers back in 1979, he turned a perennial second-place franchise into a pillar of excellence. Buss spent time in Los Angeles and Kemmerer, Wyo. He was also the previous owner of the WNBA’s Los Angeles Sparks, the. By. September 19, 2022 8:40 AM PDT. The Buss family's 66 percent stake in the Lakers lives within the trust, not in any one sibling's name, so shares can be sold only if the trust is dissolved. The Lakers will be owned now by a trust held by Buss' six children -- Johnny, Jeanie, Jim, Jesse, Joey and Janie Drexel. 24, in the Los Angeles area. Saturday, March 4, 2017. When her father passed away in 2013, his six children received equal voting rights and the controlling ownership of the Los Angeles Lakers through a family trust. By. Buss spent time in Los Angeles and Kemmerer, Wyo. Buss turned the Forum into the must-be venue for anyone who is anyone in Los Angeles. Jerry Buss’s net worth: Dr. ) Prvenstva 17. Jerry Buss owned 66% of the Lakers and therefore, each one of his children owned 11% of the Lakers. The NBA would never be the same. Roski, and Patrick Soon-Shiong (minority) Arena: Crypto. Jim was dismissed as a trustee of the Buss family trust and lost his position on the Laker’s board of directors. Los Angeles Lakers president Jeanie Buss sought a temporary restraining order Friday against her brothers, Jim and Johnny, after they attempted to "oust her as the Lakers president and controlling. – 2010. 0. Buss Family Trust. The Buss Family Trusts is the majority owner of the Lakers now with Jeanie Buss acting as the controlling owner. After buying the Los Angeles Lakers, Dr. Since the death of Jerry Buss the Lakers have been run by Jeanie Buss, Jerry’s daughter, pursuant to the Trust. Images. The Los Angeles Lakers family was hit with the bad news that the club announced on Monday, related to the Buss family. He was the majority owner of the Los Angeles Lakers of the National Basketball Association (NBA), winning 10 league championships that were highlighted by the team's Showtime era during the 1980s. Woj: Phil Jackson signed off on Lakers' hiring of Vogel (1:06) Adrian Wojnarowski breaks down how former Lakers coach Phil Jackson's positive view of Frank Vogel helped Vogel land the Los Angeles. The family business was real estate when she was a kid. Lakers," directed by Antoine Fuqua and executive produced by Jeanie Buss, premiered on Monday. Los Angeles Lakers Los Angeles Lakers Los Angeles Lakers;. Philadelphia 76ers Premier League UFC. . 5%. Jim was the second of the Buss family’s six. Image via. Teams. Buss is the controlling owner and president of the Lakers and the daughter of Jerry. Lakers co-owner and president Jeanie Buss explained the structure of the Lakers, her dynamic with brother Jim Buss, and talked about Phil Jackson leaving for New York. Standings. The late Jerry Buss purchased the team with the Los Angeles Kings hockey and The Forum for a combined $67. The six brothers and sisters, with a gap of 31 years from eldest to youngest, gathered in the winter. Standings. Patrick Soon-Shiong. However, after a big family dispute, Jim was removed from the Buss family trust and even lost. Since Jerry Buss' demise in 2013, his six children own equal percentages as the proud owners of the LA Lakers with 11% each. The Buss family have been the owners of the Los Angeles Lakers for pretty much the entirety of the team’s successes over the last 50 years. How do pigments determine an object's apparent color? Verified answer. The Lakers thrived under the leadership of Buss as he revolutionized virtually the entire league. He was 80. BUSSTING OUT: Lakers co-owner Johnny Buss pictured at the Ice House in Pasadena, said to be the country's oldest comedy club. Buss followed the footsteps of her father and became the President of the Los Angeles Lakers as well as the co-owner of. Kurt Rambis is reportedly still ‘incredibly influential’ within Lakers, and Phil Jackson is consulting him and Jeanie Buss. 폴스키 (Edward P. Jeanie Buss and Magic Johnson, shown with Dr. He also wanted to put on a show. A. (Lennox. Jerry Buss, the Los Angeles Lakers’ playboy owner who shepherded the NBA franchise to 10 championships, has died. Lakers star Kobe Bryant is mobbed by teammates after scoring 60 points in his final NBA game at the Staples. Let’s observe more in-depth about the part-owner of the famous Los Angeles Lakers. 'Legacy: The True Story of the LA Lakers' chronicles the L. Jim Buss Early life. Buss purchased the team, reported to be worth around $1 billion, in 1979. The Honey plotline has been the weakest story thread all season, along with the related thinness of Buss’s relationship with his family and staff, but the $100 million lawsuit filed against him. Lakers president and co-owner Jeanie Buss has deflected an attempt by her older brothers, Johnny and Jim Buss, to strip her of her controlling ownership of the NBA team. 5 million in 1979 from Jack Kent Cooke. As the owner of the Los Angeles Lakers from 1979 until he passed away in 2013, Dr. These are turbulent times for the Los Angeles Lakers --both on. Previously, she spent six years covering football, first for the Florida Times-Union in Jacksonville, Fla. Jerry Buss had been a chemist and a mathematician long before he bought the Los Angeles Lakers in 1979. The family became such a household name that there is now a show on HBO. Buss unfortunately passed away in 2013 and left the controlling ownership of the team to his kids. The youngest sibling of the first family of Los Angeles basketball is Jesse Buss, 24, the Lakers Scouting Coordinator and D-Fenders Director of Scouting. Upon his death in 2013, Lakers ownership was passed onto the six Buss children through a family trust with Jeanie assuming the lead role as President. Lakers President Jeanie Buss attends the NBA basketball game between the Lakers and the 76ers on March 12 at. 2017-03-08 - By Nathan Fenno Buried in the 39-page trust document stamped “Confidenti­al” is the paragraph at the heart of the struggle to control the Lakers. Subscribe. Jerry Buss. San Antonio Spurs. 제리 버스 패밀리 트러스트 (Jerry Buss Family Trust) [5], 필립 앤슈츠 (Philip Anschultz). In. Additionally, the ownership of the franchise involves a family trust, with the Buss family owning 66% ownership. Scores. A coach firing. Her father was Dr Jerry Buss, a real estate investor and former owner of the Lakers basketball club, while her mother's name is JoAnn. He loved to party and gamble and travel and savor the many flavors of the world, but he also loved to win, and. "You don't want to do that to other people who have families. Photo courtesy of the White House. Buss was long the symbol of stability for a franchise that has had its fair share of Hollywood drama throughout the years. Los Angeles Clippers v Los Angeles Lakers. Jeannie Buss, the Lakers' president and part owner, has asked a judge to. Rattling off 10 championships before his passing in 2013. We go inside her decision to finally wield her power. Buss Family Trust Current Team: Los Angeles Lakers Job Title: Owner & Majority Owner Change staff? Job History Owner of the Los Angeles Lakers since 2013-2014. Up next NBA News: Phil Jackson Wants Lakers to Operate More in Post. Their marriage lasted for only three years before they divorced. He was 80. Rather than flowers for the departed, the Lakers are asking for. He implemented the ‘Lakers Girls’, a halftime dance spectacle that rivaled the ones in dark, smoky night clubs throughout L. We go inside her decision to finally wield her power. Lakers" just wrapped up its run on Hulu. Buss was president of the Los Angeles Lazers professional indoor soccer team from 1985–1989. 6y Ramona Shelburne. C. Buss family faces crucial moment with the LakersLA Lakers owner Jeanie Buss. She is the daughter of Jerry Buss who is the former Los Angeles Lakers owner. B. Jerry Buss' children intend on carrying out their father's succession plan for the Los Angeles Lakers following the iconic owner's. Some might wonder if his death will bring radical changes to the ownership of the team, but according to his family, that’s not very likely. Daily Lines. The six Buss children co-own 66 percent of the Lakers in trust. Lakers president and co-owner Jeanie Buss has deflected an attempt by her older brothers, Johnny and Jim Buss, to strip her of her controlling ownership of the NBA team. Jerry Buss’s net worth: Dr. So let’s say the Lakers make $100 million, that means the Buss family gets $67 million of that, and now you split that six different ways, all of them have $10 million and change per year. Players. The Buss family’s wealth began with their patriarch, Jerry Buss. Los Angeles Lakers owner Jeanie Buss, an executive producer on an upcoming Lakers. West’s successor Mitch Kupchak remained as the. On February 21 Jeannie Buss, the L. per Dr. West is now an executive board member and partial owner with the Warriors after an illustrious career on the court and in the front office with the Lakers. When Dr. She was born on September 26, 1961, and is. . Los Angeles Lakers é um time de basquetebol da NBA (National Basketball Association) com sede em Los Angeles, Califórnia. Los Angeles Lakers owner-president Jeanie Buss and actor/standup/podcaster Jay Mohr are engaged, according to TMZ Sports. These days, Jeanie is the team’s. Jeanie Buss went to court to block an effort by Jim and Johnny Buss to vote her off the Lakers’ board of. Despite her optimism about the franchise’s direction, Los Angeles Lakers governor Jeanie Buss expressed both hope. Drive, car ferry. Polski), 패트릭 순시엉 (Patrick Soon-Shiong) [7], 토드 볼리(Todd Boehly) 사장. 2016-2017 Buss Family Trust Mitch Kupchak/Rob Pelinka Luke Walton 2015-2016 Buss Family Trust Mitch Kupchak Byron Scott 2014-2015 Buss Family Trust Mitch Kupchak Byron Scott 2013-2014 Dr. We go inside her. Jeannie Buss and her brothers, Jim and Johnny, reached with an agreement for Jeannie to remain as controlling owner for as long as the family owns the famed basketball team. Los Angeles Lakers owner Jerry Buss poses with the NBA Championship trophy after Game 6 of the NBA Finals on May 16, 1980 at the Spectrum in Philadelphia, Pennsylvania. 5 million in 1979 from Jack Kent Cooke. Jerry Buss, who owned the Los Angeles Lakers for more than 30 years at a time when the team won 10 NBA championships, died in Los Angeles on Monday, February 18, 2013. Current Team: Los Angeles Lakers. T…Although the Los Angeles Lakers’ front office has endured heavy scrutiny in recent years, Jeanie Buss recently complimented the front office’s efforts in helping the team secure a title. There seem to be a lot of folks in Jeanie Buss' ear. The Los Angeles Lakers on Monday lost their patriarch, Dr. (Wally Skalij / Los Angeles Times) By Tania Ganguli. Buss was an American businessman and the majority owner of the Los Angeles Lakers from 1979 until he died in 2013. Ed Roski. We go inside her decision to finally wield her power. More. LOS ANGELES -- Los Angeles Lakers Governor Jeanie Buss announced today that the team has named Earvin "Magic" Johnson as President of Basketball Operations. Jim tied his wedding knot to his. The Lakers will be owned now by a trust held by Buss' six children -- Johnny, Jeanie, Jim, Jesse, Joey and Janie Drexel. Buss cared deeply about the Lakers, Los Angeles and winning and that’s exactly what he did. Schedule. (Katie Falkenberg / Los Angeles Times) Five years later, just two seasons after winning a 17 th title. In the 2021-22 NBA team evaluations over at Forbes, the Los Angeles Lakers dropped to the third-most-valuable franchise in the NBA. After the death of the legendary Lakers owner four years ago, Jeanie Buss took the reins of the franchise as its controlling owner, as reportedly dictated by the family trust set up by her father. She could trust Magic, someone she’s known since both were teenagers, someone who showed a weird way to repay that trust when he dropped the bomb this week without telling her. This has led many to question decisions made by their front. Jerry Buss had a net worth of $600 million and was an American entrepreneur and professional sports franchise owner. Jerry Buss. Pat Riley shines brightest in Jeanie Buss’s star-studded Lakers documentary. The LA Lakers are off to a disappointing 2-9 start to the season and sit in 14th in the Western Conference. 5%. Less than one month after two of her brothers reportedly attempted to make a move to wrest away control of the Los Angeles Lakers from her, Jeanie Buss appears to have swiftly and completely ensured she will remain in charge of one of American professional sports’ marquee franchises. Anthony Davis, #3 of the Los Angeles Lakers, drives to the basket during the October 24, 2023 game against the Denver Nuggets in Denver, Colorado. Daily Lines. The majority of Jerry Buss’ net fortune came from his ownership of the Los Angeles Lakers basketball franchise. After an apparent coup attempt within the Buss family that kept lawyers busy this week, we look at pressing questions surrounding the Los Angeles Lakers. The late Jerry Buss' trust stipulates that. Jerry’s succession plan called for Jeanie to take over as Lakers governor and team representative at NBA Board of Governors meetings. A. More. -. Under the ownership of the Buss family, the Lakers won 10 championships with Dr. Jerry Buss purchased the Lakers back in 1979, he turned a perennial second-place franchise into a pillar of excellence. com Arena: Results; Record:. Daily Lines. Jerry Buss, the late Lakers' owner, runs the. By Mike Bresnahan. The. Jeanie Buss is the controlling owner of the Los Angeles Lakers team. When Jeanie Buss decided to fire her brother, it was the end of one act of a family feud -- and the beginning of another. Players. When Jeanie Buss decided to fire her brother, it was the end of one act of a family feud -- and the beginning of another. The Buss family name that she has worked so hard to protect is in danger of being irreparably damaged. He later trained thoroughbred race. 2010 NBA Champion Los Angeles Lakers honored by President Obama at White House. Jerry. In a podcast in 2021 with. It was a rough night for Sharpe at Crypto. Jerry. Therefore, each child owns roughly 11% of the team. Tags: Anthony Davis, Jeanie Buss, LeBron James, Los Angeles Lakers, Magic Johnson, Phil Jackson, Rich Paul, Rob Pelinka. In Buss' mind, that familial bond and trust between the organization and the team was always as vital to their success. Jerry Buss made it his goal to turn them into Hollywood’s team, all based around a philosophy known to every basketball fan as. Under the ownership of the Buss family, the franchise won 10 championships with Jerry leading the. ) After Jeanie Buss removed her brother and GM Mitch. The Buss Family Trust owns 66 percent of the Lakers. Lakers president and co-owner Jeanie Buss has deflected an attempt by her older brothers, Johnny and Jim Buss, to strip her of her controlling ownership of the NBA team. Staff writer. He was promoted to vice president of basketball operations in 2005. with the Buss family owning 66%. “He had really great X’s and O’s,” Buss said, “but. Buss family faces crucial moment with the Lakers. He bequeathed a family trust to his six children, who control 66% of the Lakers and have equal voting rights. Ed Roski. LOS ANGELES (CBSLA. Nov. By Shahan Ahmed • Published March 3, 2017 • Updated on March 3, 2017 at 3:05 pmIn the male-dominated world of the Showtime Lakers, two women emerged as key figures: Jeanie Buss, daughter of and successor to team owner Jerry Buss, and her mentor Claire Rothman, the Forum’s. Jim Buss Personal Life. Jim worked as the President of Los Angeles Lazers from 1985 (to 1989), succeeding his elder brother in. Asked if the Lakers would consider retiring both of James' numbers, Buss simply said it's "a discussion for another time. The trust, however, states Jeanie Buss is the controlling owner and. 2013 at the age of 80, the Lakers’ former longtime owner Jerry Buss had set up the family trust for his children, Jeanie, Jim,. The inside story of how Lakers controlling owner Jeanie Buss seized control of her franchise for good, after years of familial drama -- and months of legal threats and maneuvers. The Jim Buss Era (2005-2017)-With Kobe Bryant leading the way, the Lakers made three consecutive NBA Finals and won back-to-back titles (2009 and 2010) including an incredible revenge win over the. Patrick Soon-Shiong. In 2022, Jeanie Buss' net worth is estimated at $500 million and she is one. Each now owns 11% of the team. He was an actor, known for Law of the Lawless (1964), Arli$$ (1996) and High Stakes Poker (2006). Jeanie Buss, controlling owner and president of the Lakers, survived an attempt by her brothers, Jim and Johnny, to wrest control of the NBA team. It’s about a different fertile womanizing billionaire: Jerry Buss, owner of the Los Angeles Lakers, who died, aged 80, on February 18, 2013. A: Jim Buss and Johnny Buss, Dr. On Friday, attorney Adam Streisand filed a petition in Los Angeles Superior Court for a temporary restraining order and preliminary injunction on behalf of his client,. March 27, 2017 12:47 PM. How these producers are building a ‘Legacy’ with Lakers documentary and indie films. Jeanie allowed it is complicated given Jim’s status as one of the shareholders—the Buss family trust, comprising six of Jerry’s children, owns 66 percent of the Lakers—and how she is an. 2. Players. The Sheboygan Lakers are an ice skating ring and hockey arena in Wisconsin. "Shelburne: Trust always at core of Buss legacy. We’re not looking at any family trusts, so that eliminated the Jerry Buss family trust that owns the Los Angeles Lakers, the Dan DeVos family trust that owns the Orlando Magic, and the James Dolan family trust that owns the New York Knicks. The trust document reviewed by The Times — one of four virtually identical trusts through which the Buss family owns 66% of the Lakers — is a key part of the simmering dispute between. Other owners include Patrick Soon-Shiong with 4% and Ed Roski with 3%. Lakers president and co-owner Jeanie Buss has deflected an attempt by her older brothers, Johnny and Jim Buss, to strip her of her controlling ownership of the NBA team. Buss was president of the Los Angeles Lazers professional indoor soccer team from 1985–1989. C. At the age of 17,. Gerald Hatten "Jerry" Buss (January 27, 1933 – February 18, 2013) was an American businessman, investor, chemist, and philanthropist. LOS ANGELES: A behind-the-scenes battle for control of the NBA’s Los Angeles Lakers has gone public with Jeanie Buss’s lawyer saying she had rebuffed an initial bid by brothers Jim and Johnny. When Dr. He is the second son of the famous Jerry Buss. A. my family and the Los Angeles Lakers," Buss wrote on Instagram, alongside a photo of herself with Bryant and his. Jeanie Marie Buss ( Santa Mónica, 26 de septiembre de 1961) es una emprendedora y ejecutiva estadounidense. Los Angeles Lakers. The new owner gave courtside seats to movie stars. The Buss Family Trust owns 66% of the Los Angeles Lakers. when the Lakers forsake the Forum and move into the new $300. Jeanie Buss' husband. He died in 2013 and majority control of the team was placed in a trust controlled by his. LOS ANGELES (AP) — A battle over control of the Los Angeles Lakers is over after an agreement was reached to have Jeanie Buss serve as controlling owner of the storied. Buss purchased the team in 1979. Many Los Angeles Lakers fans mourned the passing of the team’s primary owner, Jerry Buss, on Monday. Jeannie Buss was born on September 26, 1961, in Los Angeles, California, Jeanie Buss age is 58 years. Drafting well. A. Jeanie Buss, the controlling owner and president of the Los Angeles Lakers, took to social media Thursday for the first time since the death of Kobe Bryant, with whom she said she was "family. By keeping it in the Lakers family, she has embarrassed the family, and it only grew worse. Bernstein/NBAE/Getty ImagesLakers president and co-owner Jeanie Buss has deflected an attempt by her older brothers, Johnny and Jim Buss, to strip her of her controlling ownership of the NBA team. The Lakers won a title in 1980, Buss’ first year of ownership, starting the “Showtime” era and the first of 10 championships in his lifetime and 11 overall for the Buss family. He was 80. In 1979, Dr. A. Roski (minority), Patrick Soon-Shiong (minority). In the mid-nineteen-eighties, Lee Iacocca, the celebrated executive who had run both Chrysler and Ford, visited the Los Angeles laboratory of Patrick Soon-Shiong, a surgeon at U. Dr. The family trust that controls the team can elect three. However, as the trust is a collective the Buss Family Trust is the biggest owner of the Lakers as collectively the Buss Family. A. 5 billion, the team fell just behind the Golden. 23, and also. com) — A family feud over the ownership of the Los Angeles. (Wally Skalij / Los Angeles Times) Quickly, powerful people whose. In times of trial, legends originated. Leave a Comment / Uncategorized / By test4294227 Buss family trust. In the 34 years Jerry Buss owned the Lakers, they missed the playoffs only. As the owner of the Los Angeles Lakers from 1979 until he passed away in 2013, Dr. Jerry Buss owned the club (and Jeanie worked under him), a Michael Jordan-led Chicago Bulls obliterated a Magic Johnson-led Lakers franchise 4-1 in the 1991 NBA. The Buss family's 66 percent stake in the Lakers lives within the trust, not in any one sibling's name, so shares can be sold only if the trust is dissolved. " The Lakers had never hit a prolonged funk such as this. NFL NBA Megan Anderson Atlanta Hawks Los Angeles Lakers Boston Celtics Arsenal F. Well before his passing on Feb. Kobe Bryant and Mitch Kupchak said the late Jerry Buss%27 children are ready to lead the Lakers;. Over 100,000 Movies 420,00 Scenes with Previews Try it for $2. "You don't want to do that to your family," says Lakers executive Linda Rambis, a longtime friend whose office is across the hallway from Jeanie's. We played with relentless drive and a blatant will to win. Jeanie Buss took over as team president and represents the Lakers on the NBA Board of Governors. Jerry, Jim’s father, was an entrepreneur, chemist, philanthropist, and investor. Jim Buss was born on November 9, 1959, in Los Angeles County, California, to Jerry Buss and JoAnn Mueller. According to the terms of Dr. The Lakers are owned by the Buss Family Trust which consists of Jeanie and her five siblings. Why a 4-5 start shouldn't worry the Los Angeles Lakers If last season proved anything, the Los Angeles Lakers are more than capable of bouncing back from a slow start to their 2023-24 campaign. Analysis by Ben Golliver. Up next 2012-13 Laker Girl Tryouts Photo Gallery.