Who is the Owner of The LA Lakers? Check Net Worth Details Here! (2024)

In the wake of Jerry Buss's demise in 2013, Jeanie Buss assumed command as the dominant proprietor and president of the organization. Simultaneously, she holds the position of co-owner and chief advocate for the U.S. women's professional wrestling promotion Women of Wrestling.

The LA Lakers stand as one of the preeminent and renowned franchises in the NBA, boasting a rich history and a legacy of success. Originating in Minneapolis, Minnesota, the team was initially known as the Minneapolis Lakers. However, due to financial challenges, the franchise made a pivotal move to Los Angeles. After the relocation, the team adapted its name from Minneapolis to Los Angeles.

Who is the Owner of The LA Lakers? Check Net Worth Details Here! (1)

Throughout the franchise's illustrious history, the Lakers have garnered an impressive record, securing 33 division titles and 32 conference titles. Notably, they share the distinction with the Boston Celtics, both boasting a record 17 NBA championships. This achievement underscores the Lakers' status as a powerhouse in professional basketball.

Jeanie Buss is the owner of the LA Lakers.

ALSO READ| Who Is The Owner Of Golden State Warriors? Check Details Here

Who is the Owner of the Los Angeles Lakers?

In the wake of Jerry Buss's demise in 2013, Jeanie Buss assumed command as the dominant proprietor and president of the organization. Simultaneously, she holds the position of co-owner and chief advocate for the U.S. women's professional wrestling promotion Women of Wrestling.

Who is the Owner of The LA Lakers? Check Net Worth Details Here! (2)

Trained under the guidance of Jerry Buss, Jeanie underwent a comprehensive education, preparing her to assume control over the organizational business aspects of her father. Furthermore, the ownership structure entails a family trust, with the Buss family commanding a 66% stake.

Career

Alma mater

University of Southern California

Occupation(s)

President of the Los Angeles Lakers

Co-owner of the Women of Wrestling promotion.

Partner(s)

Phil Jackson

(1999–2016)

Parent

Jerry Buss (father)

Awards

Six-time NBA champion (as an executive and later owner)

2023 Sports Emmy Award

Ascending to the role of majority owner of the Los Angeles Lakers in 2013 following Jerry Buss's passing, Jeanie Buss faced initial challenges. The Lakers, once synonymous with glory under Jerry Buss, grappled with a downturn in performance during Jeanie's early stewardship. Nevertheless, Jeanie made history as the inaugural female NBA owner to clinch a championship with her respective franchise.

As the Lakers approach the 2023-24 NBA season, there is a palpable shift in strategy, signalling an intent to secure victory. The franchise, now under Jeanie Buss's leadership, strives for a triumphant resurgence, determined to reclaim the winning stature reminiscent of its earlier years.

ALSO READ| Who are the Owners of Chicago Bears? Check Name and Net Worth Here!

Jeanie Buss Networth

As of 2022, Jeanie Buss commands an estimated net worth of $700 million, solidifying her position as one of the foremost influential women in the realm of sports. However, her journey to success has been marked by challenges, transcending the advantages of her affluent background.

Profile

Category

Richest Business › Executives

Net Worth

$700 Million

Date of Birth

Sep 26, 1961 (62 years old)

Place of Birth

Santa Monica

Profession

Businessperson

Nationality

United States of America

In a pivotal role, Jeanie assumed the presidency of the Great Western Forum, the Lakers' home arena. Her involvement with the team expanded significantly during this tenure, culminating in her appointment as the executive vice president of business operations.

ALSO READ| List of NFL Team Owners and their Details

LA Lakers Business partners and GMs

Here is a list of business partners and general managers involved with the Lakers:

Business Partner

Role

Stake

Todd Boehly, Mark Walter

Minority owners

27%

Ed Roski Jr.

Minority owner

3%

Patrick Soon-Shiong

Minority owner

4.50%

Rob Pelinka

General Manager

-

In 2017, Rob Pelinka assumed the role of general manager for the Lakers, a position he has successfully held for a span of six seasons. Noteworthy among his strategies are the impactful acquisition of Anthony Davis in 2019 and a mid-season roster overhaul during the 2022-23 season, aimed at elevating the team's on-court performance. Pelinka's adept decision-making has left a significant imprint on the Lakers' trajectory in recent years.

ALSO READ|

Who is the Owner of The LA Lakers? Check Net Worth Details Here! (2024)
Top Articles
Latest Posts
Article information

Author: Nathanial Hackett

Last Updated:

Views: 6011

Rating: 4.1 / 5 (72 voted)

Reviews: 87% of readers found this page helpful

Author information

Name: Nathanial Hackett

Birthday: 1997-10-09

Address: Apt. 935 264 Abshire Canyon, South Nerissachester, NM 01800

Phone: +9752624861224

Job: Forward Technology Assistant

Hobby: Listening to music, Shopping, Vacation, Baton twirling, Flower arranging, Blacksmithing, Do it yourself

Introduction: My name is Nathanial Hackett, I am a lovely, curious, smiling, lively, thoughtful, courageous, lively person who loves writing and wants to share my knowledge and understanding with you.