Who Owns the Los Angeles Lakers Basketball Team?

Brief Overview

The Los Angeles Lakers are one of the most iconic teams in the NBA, with a rich history and a passionate fan base. The team has won 17 NBA championships, tied for the most in league history, and is owned by a group led by businessman and investor Jeanie Buss.

Jeanie Buss: Owner and President of the Lakers

Jeanie Buss is the controlling owner and president of the Los Angeles Lakers. She is the daughter of the late Jerry Buss, who purchased the team in 1979 and transformed it into one of the most successful franchises in sports history. After her father's death in 2013, Jeanie Buss took over as the team's governor and has been instrumental in its continued success.

Under Jeanie Buss's leadership, the Lakers have won two NBA championships (2010 and 2020) and have consistently been a contender for the title. She is known for her strong leadership and her commitment to building a winning team while also fostering a positive and inclusive culture within the organization.

Other Owners and Investors

While Jeanie Buss is the controlling owner of the Lakers, she does not own the team outright. Other members of the Buss family, including her siblings Jim Buss, Joey Buss, and Jesse Buss, own minority stakes in the team.

Additionally, several high-profile investors have minority stakes in the Lakers, including:

• Phil Knight, co-founder of Nike
• Magic Johnson, former Lakers player and executive
• Steve Ballmer, former CEO of Microsoft

Legacy and Impact

The Los Angeles Lakers have a rich legacy and a global fan base. The team's success on the court and its iconic status have made it one of the most valuable franchises in sports. Under the ownership of Jeanie Buss and her family, the Lakers are poised to continue their success and remain a dominant force in the NBA for years to come.