The Los Angeles Lakers, one of the most iconic teams in the National Basketball Association (NBA), is owned by an ownership group called the Buss family. The team's majority owner is the late Dr. Jerry Buss' daughter, Jeanie Buss. The Buss family has played a significant role in the team's success and is widely respected throughout the basketball community.
Dr. Jerry Buss, a businessman and real estate developer, purchased the Lakers in 1979. Under his ownership, the Lakers became a powerhouse in the NBA and achieved great success, winning numerous championships. Dr. Buss believed in entertaining his fans and creating a winning culture, which ultimately led to the team's tremendous popularity and worldwide recognition.
After Dr. Buss' passing in 2013, his six children inherited the Lakers, with Jeanie Buss taking the reins as the controlling owner. Jeanie Buss has continued to carry on her father's legacy and leadership style, focusing on building a winning team while also fostering a positive organizational culture.
Under Jeanie Buss' ownership, the Lakers have experienced both highs and lows. The team struggled for a period but managed to bounce back and win the NBA championship in 2020 behind the leadership of star players LeBron James and Anthony Davis. Despite challenges, the Lakers remain one of the most valuable franchises in the NBA.
The Buss family's commitment to the Lakers extends beyond just their ownership. They have been dedicated to creating a strong Lakers brand and nurturing a passionate fan base. The Lakers' success over the years has attracted a massive following, making them one of the most beloved and recognizable sports teams globally.
Overall, the Buss family, with Jeanie Buss at the helm, continues to hold ownership of the Los Angeles Lakers. They have demonstrated their dedication to the team and its fan base, striving to maintain the Lakers' rich history and tradition of excellence in the NBA.