The Los Angeles Lakers are one of the most iconic and successful teams in the history of American sports. They have won 17 NBA championships, more than any other team in the league. The Lakers are also one of the most valuable teams in the world, worth an estimated $5.5 billion.
So who owns this legendary franchise? The Lakers are currently owned by a group of investors led by businessman and investor Jeanie Buss. Buss is the daughter of the late Jerry Buss, who bought the Lakers in 1979 and turned them into one of the most dominant teams in the NBA.
In addition to Jeanie Buss, other notable investors in the Lakers include her brother Jim Buss, her sister Joey Buss, and former Lakers player Earvin "Magic" Johnson. The Buss family has been the majority owner of the Lakers since 1979, and they have overseen the team's rise to greatness.
Who Owns the Lakers
The Los Angeles Lakers are owned by a group of investors led by Jeanie Buss.
- Jeanie Buss: Controlling owner
- Jim Buss: Minority owner
- Joey Buss: Minority owner
- Magic Johnson: Minority owner
- Other investors: Minority owners
- Buss family: Majority owners since 1979
- 17 NBA championships: Most in league history
- $5.5 billion: Estimated value of team
- Iconic and successful franchise
The Buss family has been instrumental in the Lakers' success, overseeing the team's rise to greatness.
Jeanie Buss: Controlling owner
Jeanie Buss is the controlling owner of the Los Angeles Lakers. She is the daughter of the late Jerry Buss, who bought the team in 1979 and turned it into one of the most dominant franchises in NBA history.
- Inherited ownership:
Jeanie Buss inherited the Lakers from her father, Jerry Buss, who passed away in 2013. She became the controlling owner of the team, with her siblings Jim Buss and Joey Buss serving as minority owners.
- Business acumen:
Jeanie Buss has a strong business background. She has worked in the Lakers' front office for many years, and she has also served as the team's president and governor. She is known for her shrewd business sense and her ability to make tough decisions.
- Commitment to excellence:
Jeanie Buss is committed to maintaining the Lakers' tradition of excellence. She has overseen the team's recent success, which includes winning the NBA championship in 2020. She is also committed to investing in the team's future, both on and off the court.
- Community involvement:
Jeanie Buss is actively involved in the Los Angeles community. She is a supporter of various charitable organizations, and she is also a member of the board of directors for the Los Angeles Sports & Entertainment Commission.
Jeanie Buss is a strong and capable leader who is committed to the Los Angeles Lakers. She is the right person to lead the team into the future.
Jim Buss: Minority owner
Jim Buss is a minority owner of the Los Angeles Lakers. He is the son of the late Jerry Buss, who bought the team in 1979. Jim Buss has been involved with the Lakers for many years, serving in various roles in the team's front office.
- Former Lakers executive:
Jim Buss served as the Lakers' executive vice president of basketball operations from 2005 to 2017. During his tenure, the Lakers won two NBA championships, in 2009 and 2010.
- Controversial decisions:
Jim Buss was responsible for some controversial decisions during his time as the Lakers' executive vice president. These decisions included trading away popular players such as Shaquille O'Neal and Pau Gasol. He was also criticized for his handling of the team's salary cap.
- Stepped down from front office:
Jim Buss stepped down from his role as the Lakers' executive vice president in 2017. He remains a minority owner of the team, but he is no longer involved in the team's basketball operations.
- Legacy:
Jim Buss's legacy with the Lakers is a mixed bag. He was part of two championship teams, but he also made some questionable decisions that led to the team's decline. He is a controversial figure among Lakers fans, but there is no doubt that he is a significant part of the team's history.
Jim Buss is a complex and controversial figure in Lakers history. He has been both praised and criticized for his role with the team. However, there is no doubt that he is a passionate Lakers fan who wants the best for the franchise.
Joey Buss: Minority owner
Joey Buss is a minority owner of the Los Angeles Lakers. She is the daughter of the late Jerry Buss, who bought the team in 1979. Joey Buss has been involved with the Lakers for many years, working in various roles in the team's front office.
Joey Buss is known for her strong business acumen and her passion for the Lakers. She is a graduate of the University of Southern California, where she studied business administration. After graduating from USC, Joey Buss worked in the Lakers' finance department before being promoted to a role in the team's basketball operations department.
In her role in the Lakers' basketball operations department, Joey Buss was responsible for a variety of tasks, including player scouting, contract negotiations, and salary cap management. She was also a key member of the team's decision-making process. Joey Buss was instrumental in the Lakers' success during the early 2010s, when the team won two NBA championships.
Joey Buss is a rising star in the Lakers' front office. She is a smart, capable, and passionate executive who is committed to the team's success. She is one of the most important people in the Lakers' organization, and she is sure to play a major role in the team's future.
Joey Buss is a valuable asset to the Los Angeles Lakers. She is a smart, capable, and passionate executive who is committed to the team's success. She is one of the most important people in the Lakers' organization, and she is sure to play a major role in the team's future.
Magic Johnson: Minority owner
Magic Johnson is a minority owner of the Los Angeles Lakers. He is one of the greatest basketball players of all time, and he is also a successful businessman and philanthropist. Magic Johnson has been involved with the Lakers for many years, both as a player and as an owner.
Magic Johnson played for the Lakers from 1979 to 1991 and again in the 1995-96 season. He was one of the most dominant players in NBA history, leading the Lakers to five NBA championships. Magic Johnson was also a vocal leader and a fan favorite. He is considered to be one of the greatest Lakers players of all time.
After retiring from playing, Magic Johnson became a successful businessman. He founded Magic Johnson Enterprises, a company that owns a variety of businesses, including movie theaters, restaurants, and fitness centers. Magic Johnson is also a philanthropist, and he has donated millions of dollars to various charities.
Magic Johnson returned to the Lakers in 2017 as a minority owner. He is a valuable asset to the team, both on and off the court. Magic Johnson is a basketball legend, a successful businessman, and a generous philanthropist. He is a true Los Angeles Lakers icon.
Magic Johnson is a legend in the world of basketball. He is one of the greatest players of all time, and he is also a successful businessman and philanthropist. Magic Johnson is a valuable asset to the Los Angeles Lakers, both on and off the court.
Other investors: Minority owners
In addition to Jeanie Buss, Jim Buss, Joey Buss, and Magic Johnson, there are a number of other investors who own minority stakes in the Los Angeles Lakers. These investors include:
- Phil Anschutz:
Phil Anschutz is a billionaire businessman and philanthropist. He is the founder and chairman of Anschutz Entertainment Group, which owns a variety of sports and entertainment businesses, including the Los Angeles Kings hockey team and the Staples Center arena.
- Edward P. Roski Jr.:
Edward P. Roski Jr. is a real estate developer and philanthropist. He is the founder and chairman of Majestic Realty Co., one of the largest privately held real estate companies in the United States. Roski is also the former owner of the Los Angeles Rams football team.
- Patrick Soon-Shiong:
Patrick Soon-Shiong is a biotech billionaire and philanthropist. He is the founder and CEO of NantWorks, a healthcare and technology company. Soon-Shiong is also the owner of the Los Angeles Times newspaper.
- Steve Ballmer:
Steve Ballmer is the former CEO of Microsoft and the current owner of the Los Angeles Clippers basketball team. Ballmer is one of the richest people in the world, with a net worth of over $100 billion.
These are just a few of the many investors who own minority stakes in the Los Angeles Lakers. These investors are all successful businesspeople and philanthropists who are committed to the team's success.
Buss family: Majority owners since 1979
The Buss family has been the majority owner of the Los Angeles Lakers since 1979. Jerry Buss bought the team from Jack Kent Cooke for $6.5 million. Jerry Buss was a real estate developer and investor who had a passion for basketball. He was determined to make the Lakers the most successful team in the NBA.
- Jerry Buss:
Jerry Buss was the patriarch of the Buss family and the driving force behind the Lakers' success. He owned the team for 34 years, during which time the Lakers won 10 NBA championships. Jerry Buss was a visionary leader who transformed the Lakers into a global brand. He was also a beloved figure in Los Angeles, and he was known for his generosity and his commitment to the community.
- Jeanie Buss:
Jeanie Buss is the current controlling owner of the Lakers. She is the daughter of Jerry Buss, and she has been involved with the team for many years. Jeanie Buss is a strong and capable leader who is committed to the Lakers' success. She has overseen the team's recent success, which includes winning the NBA championship in 2020.
- Jim Buss:
Jim Buss is the son of Jerry Buss and the brother of Jeanie Buss. He served as the Lakers' executive vice president of basketball operations from 2005 to 2017. Jim Buss was responsible for some controversial decisions during his time with the Lakers, but he was also part of two championship teams.
- Joey Buss:
Joey Buss is the daughter of Jerry Buss and the sister of Jeanie Buss and Jim Buss. She has worked in the Lakers' front office for many years, and she is currently the team's executive vice president of business operations. Joey Buss is a rising star in the Lakers' organization, and she is sure to play a major role in the team's future.
The Buss family has been instrumental in the Lakers' success. They are committed to the team and to the city of Los Angeles. The Buss family is the heart and soul of the Lakers, and they will continue to be a major part of the team's future.
17 NBA championships: Most in league history
The Los Angeles Lakers have won 17 NBA championships, more than any other team in league history. The Lakers' first championship came in 1950, when the team was still based in Minneapolis. The Lakers moved to Los Angeles in 1960, and they have won 11 championships since then.
- Showtime Lakers:
The Lakers won five championships in the 1980s, led by Magic Johnson, Kareem Abdul-Jabbar, and James Worthy. This team was known for its fast-paced, exciting style of play, which was dubbed "Showtime." The Showtime Lakers are considered to be one of the greatest teams in NBA history.
- Kobe Bryant era:
Kobe Bryant led the Lakers to five championships in the 2000s and early 2010s. Bryant was one of the greatest scorers in NBA history, and he was also a fierce competitor. He was the heart and soul of the Lakers during his time with the team.
- Recent success:
The Lakers won their most recent championship in 2020, led by LeBron James and Anthony Davis. The Lakers have a young and talented roster, and they are poised to contend for more championships in the years to come.
- Legacy of success:
The Lakers' 17 NBA championships are a testament to the team's rich history and tradition. The Lakers are one of the most successful teams in all of professional sports, and they are always a contender for the championship.
The Lakers' 17 NBA championships are a source of great pride for the team and its fans. The Lakers are the most successful team in NBA history, and they are always striving for more.
$5.5 billion: Estimated value of team
The Los Angeles Lakers are worth an estimated $5.5 billion, making them one of the most valuable teams in the world. The Lakers' value has been steadily increasing in recent years, thanks to the team's success on the court and its global brand appeal.
The Lakers' success on the court has been a major factor in their increased value. The team has won 17 NBA championships, more than any other team in league history. The Lakers have also had some of the greatest players in NBA history, including Magic Johnson, Kareem Abdul-Jabbar, and Kobe Bryant.
The Lakers' global brand appeal is another reason for their high value. The team has a large and passionate fan base all over the world. The Lakers are also one of the most popular teams on social media. This global appeal makes the Lakers a valuable asset for sponsors and advertisers.
The Lakers' value is also boosted by the fact that they play in Los Angeles, one of the largest and most affluent markets in the United States. Los Angeles is also a major tourist destination, which helps to attract fans to Lakers games.
The Los Angeles Lakers are a valuable asset, both on and off the court. The team's success on the court, its global brand appeal, and its location in Los Angeles all contribute to its high value.
Iconic and successful franchise
The Los Angeles Lakers are one of the most iconic and successful franchises in American sports. The team has won 17 NBA Championships, the most of any team in the league. The Lakers have also had some of the greatest players in NBA history, including Magic Johnson, Kareem Abdul-Jabbar, and Kobe Bryant.
The Lakers' success on the court has been matched by their success off the court. The team has a global brand and a large and passionate fan base. The Lakers are also one of the most valuable teams in the NBA, with an estimated value of $5.5 billion.
There are many factors that contribute to the Lakers' iconic status. The team's rich history, its success on the court, and its global brand are all part of what makes the Lakers one of the most recognizable and respected franchises in sports.
The Lakers are also known for their innovative approach to the game of basketball. In the 1980s, the Lakers were one of the first teams to adopt a fast-paced, high-scoring offense that came to be known as "Showtime." This style of play was incredibly popular with fans and helped to revolutionize the game of basketball.
FAQ
Here are some frequently asked questions about the Los Angeles Lakers:
Question 1: Who owns the Los Angeles Lakers?
Answer: The Los Angeles Lakers are owned by a group of investors led by Jeanie Buss.
Question 2: How many NBA championships have the Lakers won?
Answer: The Lakers have won 17 NBA championships, the most of any team in the league.
Question 3: Who are some of the greatest Lakers players of all time?
Answer: Some of the greatest Lakers players of all time include Magic Johnson, Kareem Abdul-Jabbar, Kobe Bryant, Shaquille O'Neal, and Wilt Chamberlain.
Question 4: What is the Lakers' estimated value?
Answer: The Lakers are estimated to be worth $5.5 billion, making them one of the most valuable teams in the NBA.
Question 5: Where do the Lakers play their home games?
Answer: The Lakers play their home games at the Staples Center in Los Angeles, California.
Question 6: What is the Lakers' mascot?
Answer: The Lakers' mascot is a lion named Chuck.
Question 7: What are the Lakers' team colors?
Answer: The Lakers' team colors are purple and gold.
These are just a few of the most frequently asked questions about the Los Angeles Lakers. For more information, please visit the team's official website.
In addition to the FAQ section above, here are a few tips for Lakers fans:
Tips
Here are a few tips for Los Angeles Lakers fans:
Tip 1: Visit the Staples Center:
If you're ever in Los Angeles, be sure to visit the Staples Center, home of the Lakers. You can take a tour of the arena, visit the Lakers Store, or catch a game. Even if you're not a Lakers fan, the Staples Center is a must-see for any sports fan.
Tip 2: Watch Lakers games on TV or online:
If you can't make it to a game in person, you can still watch the Lakers on TV or online. Most major cable and satellite providers offer Lakers games, and you can also stream games online through services like NBA League Pass.
Tip 3: Follow the Lakers on social media:
The Lakers are very active on social media, so be sure to follow them on Twitter, Instagram, and Facebook. This is a great way to stay up-to-date on the latest news and rumors, as well as get exclusive content and behind-the-scenes access.
Tip 4: Support the Lakers community:
The Lakers have a strong community of fans, and there are many ways to get involved. You can join a Lakers fan club, attend Lakers events, or volunteer your time to help out the team. This is a great way to connect with other Lakers fans and show your support for the team.
These are just a few tips for Los Angeles Lakers fans. By following these tips, you can stay up-to-date on the latest news and rumors, get exclusive content and behind-the-scenes access, and support the Lakers community.
Whether you're a lifelong Lakers fan or just a casual observer, there's no denying that the Los Angeles Lakers are one of the most iconic and successful franchises in American sports. With a rich history, a passionate fan base, and a bright future, the Lakers are sure to continue to be a force to be reckoned with for many years to come.
Conclusion
The Los Angeles Lakers are one of the most iconic and successful franchises in American sports. The team has won 17 NBA championships, more than any other team in the league. The Lakers have also had some of the greatest players in NBA history, including Magic Johnson, Kareem Abdul-Jabbar, and Kobe Bryant.
The Lakers are currently owned by a group of investors led by Jeanie Buss. The Buss family has been the majority owner of the Lakers since 1979, and they have overseen the team's rise to greatness. The Buss family is committed to maintaining the Lakers' tradition of excellence, and they are investing in the team's future.
The Lakers have a bright future. The team has a young and talented roster, led by LeBron James and Anthony Davis. The Lakers are also one of the most valuable teams in the NBA, and they have the resources to attract top-tier talent. The Lakers are poised to contend for more NBA championships in the years to come.
Whether you're a lifelong Lakers fan or just a casual observer, there's no denying that the Los Angeles Lakers are a special team. The Lakers have a rich history, a passionate fan base, and a bright future. The Lakers are truly one of a kind.