The Los Angeles Lakers, one of the most iconic franchises in the history of the National Basketball Association (NBA), is owned by an esteemed group of individuals. The current majority owner is Jeanie Buss, who took control of the team in 2017. However, the ownership of the Lakers can be traced back to their inception in 1947.
The late Dr. Jerry Buss, Jeanie Buss's father, was the person who initially purchased the Lakers. He acquired the team in 1979 and owned it until his passing in 2013. Dr. Buss is widely recognized for transforming the Lakers into a powerhouse, capturing multiple championships and establishing a winning culture.
Following Jerry Buss's passing, a family trust was formed to determine the new ownership structure. Jeanie Buss, as the appointed successor, took over the majority ownership stake. She became the first female controlling owner in NBA history, continuing her father's legacy.
Though Jeanie Buss holds the largest stake, there are other minority owners in the Lakers organization. The team roster includes some prominent names, such as basketball legend Magic Johnson, movie producer Peter Guber, and businessman Patrick Soon-Shiong.
Apart from these notable owners, the Lakers belong to a larger group called the Buss family trust. The trust was established to ensure the team's long-term stability and success. It is responsible for making crucial decisions related to the franchise.
Under Jeanie Buss's leadership, the Los Angeles Lakers have continued to be a force in the NBA. They have assembled talented rosters, including star players like LeBron James and Anthony Davis, and have found success on the court once again.
The ownership of the Lakers remains a testament to the Buss family's impact on the franchise. Through vision, dedication, and a passion for the sport, they have built an enduring legacy that continues to shape the team's identity.
In conclusion, Jeanie Buss is the current majority owner of the Los Angeles Lakers, carrying on the ownership tradition established by her late father, Dr. Jerry Buss. The Buss family trust, alongside other minority owners, contributes to the overall ownership structure of this historic basketball franchise.