Lakers Dynasty Shift: Jerry & Joey Buss Out After Historic $10 Billion Sale – Breaking News
Los Angeles, CA – In a stunning turn of events following the record-breaking $10 billion+ sale of the Los Angeles Lakers, brothers Jerry and Joey Buss, sons of the iconic Jerry Buss, have been relieved of their duties with the NBA franchise. This breaking news sends ripples through the basketball world, marking a significant power shift within one of the league’s most storied organizations. The move, reported just hours ago, signals a clear direction from new ownership and Governor Jeanie Buss, Jerry and Joey’s sister.
A Family Legacy Disrupted
The Buss family’s control of the Lakers dates back to 1979, when Jerry Buss purchased the team for a mere $67.5 million (equivalent to roughly $290 million today). For decades, the Buss name was synonymous with Lakers success, a period marked by 17 NBA championships and a commitment to “Showtime” entertainment. Joey Buss served as the alternate governor and spearheaded research and development, including oversight of the Lakers’ G League affiliate. Jesse Buss, also impacted by the changes, held the role of assistant general manager and director of scouting, playing a key role in identifying talent.
Key Contributors Let Go: Impact on Player Acquisition
According to sources at Reuters, Joey and Jesse Buss were instrumental in the acquisitions of key players like Austin Reaves and Rui Hachimura – moves that have significantly bolstered the Lakers’ roster in recent seasons. Joey’s leadership of the South Bay Lakers, the team’s G League affiliate, was also considered vital for player development. The timing of these firings, so soon after the sale, suggests a deliberate restructuring by the new ownership group. This is a critical moment for SEO and Google News visibility, as fans and analysts alike search for details on this dramatic change.
A Sister’s Decision & A Feeling of Isolation
Jeanie Buss will retain her position as Governor for at least the next five years. Jesse Buss, 37, revealed to The Athletic that he had felt increasingly isolated from the organization since 2023, particularly while battling an undisclosed illness and undergoing immunotherapy treatments. He expressed a long-standing lack of communication with his older sister, alleging a pattern of family members involved with the team being dismissed. “She has everyone fired,” Jesse reportedly told The Athletic, adding that he wasn’t entirely surprised by the outcome. The brothers, in a joint statement to ESPN, expressed their disappointment, wistfully noting, “At times like this, we wish we could ask our father what he would think of everything this.”
The Future of the Lakers & NBA Family Dynamics
This shakeup raises questions about the future direction of the Lakers and the evolving dynamics within prominent NBA families. The sale to a new holding company, while securing the franchise’s financial future, has clearly triggered a period of transition. The Lakers’ success has always been intertwined with the Buss family’s vision, and this move represents a departure from that tradition. The impact on scouting, player development, and overall team strategy remains to be seen. Understanding the nuances of NBA ownership and the influence of family legacies is crucial for anyone following the league. This story will undoubtedly continue to develop, and Archyde will provide ongoing coverage of the Lakers and the broader NBA landscape.
As the Lakers embark on this new chapter, the legacy of Jerry Buss will undoubtedly remain a guiding force. The team’s commitment to excellence, entertainment, and a winning culture will be paramount as they navigate this period of change. Stay tuned to Archyde for the latest updates and in-depth analysis of this evolving story.
