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Jeanie and Jim Buss on Power-Sharing and the Future of Their Family Franchise


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#1 LALakersFan4Life

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Posted August 14, 2013 - 03:24 PM

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11:00 AM PDT 8/14/2013 by Ric Bucher

A pair of reading glasses sits atop the dresser in Jeanie Buss' bedroom. There's nothing remarkable about the frameless specs except for one detail: They sat on the nose of her father, Dr. Jerry Buss, whose smiling face forever will be identified with the Los Angeles Lakers, the NBA franchise he owned for 34 years until his death in February at age 80. Under Dr. Buss, the Lakers' purple-and-gold colors became so synonymous with both winning and entertainment that it's hard to decide who resides in whose shadow, the team or the star-glutted city it calls home. "I wanted to keep something that was as close to him as possible," says Jeanie of her dad's glasses, discussing him publicly for the first time since his death from kidney failure after a battle with prostate cancer. "And they help me remember how he saw the world."

The challenge facing Jeanie, 51, and her 53-year-old brother Jim -- along with four other Buss siblings who share a 66 percent controlling interest in the Lakers -- is not merely to see the world as their father did but to act on that vision with equal success. The Busses have inherited a team at a crossroads. The Lakers are the NBA's most successful franchise of the past 30-plus years -- winner of 10 championships since 1980, valued by Forbes at $1 billion, with a local TV deal worth $3.6 billion over 20 years -- but it is an organization whose allure has been defined by a peculiar mix of success on the court and Hollywood flash among its fan base. Dr. Buss understood both sides of that coin. Now, after a lackluster season in which the Lakers exited the playoffs in the first round, longtime star Kobe Bryant, 34, ruptured his Achilles tendon and center Dwight Howard opted to depart after one season, it remains to be seen whether this Buss generation can keep Tobey Maguire, Ari Emanuel and Jack Nicholson dropping $100,000 apiece for courtside season tickets. "The shoes they're stepping into are so huge and epic," says Bryant. "It's on the next generation in line to figure out what their leadership style is going to be and to do it their own way."

Complicating matters, the basketball world Dr. Buss conquered is not the same one his kids are attempting to navigate. Most notably, a salary cap prevents the big-market Lakers from far outspending small-market rivals. "Things have changed," says Pat Riley, coach of the Showtime Lakers teams of the 1980s and now president of two-time champion Miami Heat. "It's nowhere near the innocent, wonderful years of the '80s, when we all got on the train and Dr. Buss was the conductor."

Jerry Buss was a chemist-turned-self-made real estate mogul when, in 1979, he bought the Lakers, the NHL's L.A. Kings, the Forum and a 13,000-acre ranch from Jack Kent Cooke for $67.5 million. Defying his advisers, Dr. Buss was among the first NBA owners to televise home games, believing it wouldn't keep fans from buying tickets. His flamboyant personal life informed how he ran his team: Decked out in jeans and open-collared shirts and arriving at games with several beauties on his arm, the divorced Dr. Buss was a pioneer in offering premium seats along the court where luminaries could see and be seen. He built an exclusive club inside the Forum (and, later, Staples Center) for Hollywood bigwigs, and he paid and presented his players as stars as important as the actors sitting courtside. Bryant says he considered leaving the Lakers twice -- as a free agent in 2004 and again via trade in 2007 -- and both times Dr. Buss talked him out of it. "You can tell by how someone runs their business if they're full of [expletive] or not," says Bryant. "He could tell you exactly what he had in mind and how he planned to get it done. And he had a track record."

 

Read the rest of the article in link.

http://www.hollywood...jim-buss-604909



#2 MDI

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Posted August 14, 2013 - 03:48 PM

BINGO. We are where we are mainly because of this. Times have changed. Its a players league and we need to construct a roster that is appealing to them. History doesnt' mean as much as fields are now level, we dont have much of a competitive advantage

But the Lakers need to acquire more than salary-cap room if they want to be in play for the league's biggest superstars. "They're living on the History channel," says one free agent, meaning the team remains convinced that the attraction of playing for the Lakers in L.A. is enough. As one NBA agent notes: "The Lakers were built for a different era. Their personnel has been depleted and [research] infrastructure is outdated. It's important to be in a major market, but not as important anymore. And they were always able to spend more than other teams. Now they can't." A longtime opposing assistant coach adds that free agents feel the Lakers' track record is impressive but the team is not on the cutting edge when it comes to marketing, physical therapy or analytics. The sense is that institutional arrogance has caused a slow but evident decay. "It hurts to hear that," says Jeanie, without contesting it.

And the idea that the present-day Lakers will ever again enjoy seven trips to the Finals during a stretch of eight seasons, as they did in the '80s, is hard to fathom for various reasons. Start with the fact that the NBA is set against it.

"The changes in the collective bargaining agreement and revenue-sharing have made it more difficult for any team to stand out, at the will of the owners," says NBA commissioner David Stern. "It's a changed and difficult atmosphere."



This was a fantastic read. I see that Jeanie is more vocal now...last week she goes on radio now she voices some displeasure of not being included in decision making and has a good relationship with Magic unlike Jim...and hoping Lakers using more analytics. Very interesting. I wonder if shes gonna challenge her brother's authority now when it  comes to personnel decisions

I wouldn't mind if the Guggenehim group buys the lakers too but we need some basketball people in there...Ronnie Lester, Mitch Kupchak those types. Let the basketball management people do their jobs


Edited by MDI, August 14, 2013 - 03:50 PM.

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Props to sidthekid871


#3 Tensai

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Posted August 14, 2013 - 03:57 PM

Kobe would be a fantastic 'figurehead' for Lakers in his retirement. Not sure if he wants it though.



#4 David

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Posted August 14, 2013 - 04:21 PM

"They're living on the History channel," says one free agent, meaning the team remains convinced that the attraction of playing for the Lakers in L.A. is enough.


KOBE. #VINO. BRYANT.


#5 Majesty

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Posted August 14, 2013 - 04:25 PM

Considering we just signed 4 guys that took a paycut to be here so......


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#6 KobeWillReturnTriumphant

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Posted August 14, 2013 - 04:29 PM

Lets see if a top tier talent will take a pay cut to be here. So far we had a top tier free agent take a pay cut to leave.

#7 Harry Styles

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Posted August 14, 2013 - 04:50 PM

Lets see if a top tier talent will take a pay cut to be here. So far we had a top tier free agent take a pay cut to leave.

Seriously. Let's stop over hyping Nick Young and his crew and start wondering if any star free agent wants to take a pay cut to play with 36 year old Kobe. I wouldn't sell my house on that bet. 



#8 David

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Posted August 14, 2013 - 05:01 PM

Lets see if a top tier talent will take a pay cut to be here. So far we had a top tier free agent take a pay cut to leave.

We need talent to sell them that LA is a good place. Unless Kobe is going to recruit Melo and play a role like how Parsons did with the Rockets, we are going to need to invest in this draft and get young talent.


KOBE. #VINO. BRYANT.


#9 Jody Smokes

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Posted August 14, 2013 - 05:13 PM

Seems like Jeanie's thinking is lowkey in line with the objective fans and so called "haters" while Jim's thinking is in line with the LaLa we are the Lakers so what crowd that consist of about 90% of Laker boards. 

 

The writing is on the wall for this organization, particularly this core.  Until they start making better decisions as a whole they will continue to fall.  Guys act like every Lakers championship team was built overnight via free agency.  Guys really think this org is just going to walk into the 2014 or 2015 free agency and just clean out all the stars and win another ring.  We don't have the same great minds at work like in the old days.  Kobe and Shaq were products of Jerry West and Dr Buss.  Pau lowkey may have been West doing or his influence.


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#10 LakeShow805

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Posted August 14, 2013 - 05:18 PM

Considering we just signed 4 guys that took a paycut to be here so......

no big names....



#11 Majesty

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Posted August 14, 2013 - 05:20 PM

Lets see if a top tier talent will take a pay cut to be here. So far we had a top tier free agent take a pay cut to leave.

 

Seriously. Let's stop over hyping Nick Young and his crew and start wondering if any star free agent wants to take a pay cut to play with 36 year old Kobe. I wouldn't sell my house on that bet. 


 


How soon we forget

Paul-George.jpg
"It'd be tough to say no to Kobe"



BOOM!!
 


Edited by Majesty, August 14, 2013 - 05:21 PM.

Is Wayne Brady gonna have to Djokovic? - Robert Flores 


#12 KobeWillReturnTriumphant

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Posted August 14, 2013 - 05:27 PM

George hill is a RFA and has already stated he intends to sign in Indiana. At least if the lakers suck this year they'll be more fun to watch. I am skeptical that young alters his chucker mantra.

#13 Majesty

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Posted August 14, 2013 - 05:31 PM

George hill is a RFA and has already stated he intends to sign in Indiana. At least if the lakers suck this year they'll be more fun to watch. I am skeptical that young alters his chucker mantra.


That's a picture of Paul George...


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#14 Jody Smokes

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Posted August 14, 2013 - 05:35 PM

When the statement pretty much means nothing and he also indicated before that statement he felt Indy was the place for him.  He is also a restricted free agent that is most likely going to lock in a max deal.  By the time George is eligible to be a free agent Lebron may be retiring from the NBA


That's a picture of Paul George...


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#15 Majesty

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Posted August 14, 2013 - 05:40 PM

When the statement pretty much means nothing and he also indicated before that statement he felt Indy was the place for him.  He is also a restricted free agent that is most likely going to lock in a max deal.  By the time George is eligible to be a free agent Lebron may be retiring from the NBA



He said that AFTER the hellstorm he received when he gave an honest answer.

Pacers have till Oct 31st to get him to extend.


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#16 LakeShow805

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Posted August 14, 2013 - 05:41 PM


 


How soon we forget

Paul-George.jpg
"It'd be tough to say no to Kobe"



BOOM!!
 

Words don't mean too much.

 

 

 

 

 

 

Ill believe it when I see it



#17 David

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Posted August 14, 2013 - 05:41 PM


 


How soon we forget

Paul-George.jpg
"It'd be tough to say no to Kobe"



BOOM!!
 

RFA


KOBE. #VINO. BRYANT.


#18 Harry Styles

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Posted August 14, 2013 - 05:44 PM

Grasping at straws here..



#19 LALakersFan4Life

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Posted August 14, 2013 - 05:55 PM


 


How soon we forget

Paul-George.jpg
"It'd be tough to say no to Kobe"



BOOM!!
 

 


He is from LA. It's hard to say no to Kobe and his hometown. But would he really want to sign with the Lakers? It's his FAMILY's favorite team. And he's a Clipper fan. His family is gonna have to persuade him to join their favorite team.;
 



#20 KobeWillReturnTriumphant

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Posted August 14, 2013 - 06:02 PM

Ugh. That's who I meant. Fail by me. Working nights is not making me smart.

Edited by KobeWillReturnTriumphant, August 14, 2013 - 06:03 PM.





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