HoopsHype Jim Buss rumors

December 12, 2014 Updates

But tank? As far as Lakers president Jeanie Buss is concerned, tanking is "unforgivable" and "irresponsible." "I think the teams that use that as a strategy are doing damage," Buss said as part of a wide-ranging ESPN The Magazine joint interview with her brother, and Lakers president of player personnel, Jim Buss. "If you're in a tanking mode and you're doing that for three years or whatever, that means you've got young players from the years that you were at the bottom that you're teaching bad habits to. I think that's unforgivable. "If you're tanking and you have young players or you keep a short roster, you're playing guys out of their position or too many minutes, you're risking injury. It's irresponsible and I don't think it belongs in any league." ESPN.com

November 13, 2014 Updates

The Buss Family’s love affair with Bryant is well-known in NBA circles. “I don’t see them trading Kobe, not at all,’’ said one rival NBA team president. “The Lakers almost have to keep him, as much for business reasons as anything else, and I believe that’s what they’re going to do.’’ Forbes.com

Buss, 30, also has an important role with the Lakers. “I serve as an alternate governor on the Board of Governors,” he said. “I've been doing that over six years now.” His sister Jeanie Buss is the Lakers' president and governor. The team's patriarch passed away in February 2013, to cancer complications. “Fortunately my father was very organized for us,” said Joey. “He did a lot of the estate planning. He set up everything up in such a way that it was very easy for us to pick up and go.” Los Angeles Times

According to an internal league memo which ranked the projected profitably of each team for last season on the basketball side of their business, the Lakers - who have a local television deal with Time Warner that is worth up to $5 billion and could last up to 25 years – led the league at $100.1 million. The Chicago Bulls were a distant second at approximately $61 million, and the Spurs – who were among the 21 teams projected to be profitable – were in sixth place. According to a person who has the memo which was first revealed by the web site, Grantland, the Spurs' profits were projected at $26.1 million. The person spoke to USA TODAY Sports on the condition of anonymity because the memo was private. USA Today Sports

November 10, 2014 Updates

As for the idea that he might play beyond those two seasons, one that was endorsed by Jeanie Buss in a recent interview with USA TODAY Sports when she expressed a desire to re-sign Bryant after his current contract is done, Bryant isn't seeing it. For better or worse, he reiterated as he has in the past, this 19-season marriage that has brought him far more joy (five championships) than it has pain will be over after the 2015-16 campaign. "Nah, not really," he said with a grin and a shake of the head when asked if he can envision playing beyond his current contract. "But I'm so loyal to this organization, there's not a chance (of him leaving)…I've been really fortunate to win a lot of games here, a lot of championships here. You can't (expletive) with (that)." USA Today Sports

October 23, 2014 Updates

Abbott’s piece de resistance is a rarely-attempted defense of Jim Buss, suggesting that he gave Bryant that $48.5 million last winter—before Kobe played, after which he came back and lasted six games—to avoid a public squabble over a new contract. Actually, Jeanie Buss made that call, not her brother. After losing Howard, they were terrified of losing Kobe, although at his pay scale, he had nowhere to go. The real key for the Buss kids was it was what their father did, as in 1991 when he gave Magic Johnson a one-year $14.6 million extension, bigger than half the NBA payrolls at the time. Forbes.com

October 21, 2014 Updates

Roland Lazenby: As Jerry West told me, the Lakers are a franchise to print money. Right now Jim Buss is just printing 20s. Imagine if he had a team. Twitter @lazenby

October 20, 2014 Updates

The view in the Lakers' front office is that any real rebuild will have to wait until after Bryant's retirement. "This has finally come home," says a Lakers insider. "Major players don't want to play with Kobe, and Jimmy is waiting for him to leave. ESPN.com

In most ownership groups, nobody is relying on the team as the prime revenue stream; the team is the high-risk end of a much bigger portfolio. In LA, the team is the linchpin supporting six heirs. And there is no more important income than the 20-year, $3 billion Time Warner deal to broadcast Lakers games locally. One well-placed source who has reviewed Lakers team finances says the Lakers' annual income from that deal hinges on ratings, which tend to go up when Bryant is on the court. If the team had jettisoned Bryant and tanked the past season in the name of a high 2014 draft pick, the resulting low ratings would have smacked the business of the Lakers hard. ESPN.com

July 17, 2014 Updates
July 16, 2014 Updates
July 4, 2014 Updates

When the team gave Bryant that extension–at the prompting of Jeanie Buss, the popular member of the family, in December, before Kobe returned from injury, lasted six games and left for the season– the word going around the organization was: We did this knowing that James and Anthony aren’t likely to be on the market and if they are, we’re not likely to have a shot at them. The Buss kids, who weren’t capable of thinking the Kobe extension through, are now desperate to make a big score, no matter how unlikely that is with so few big free agents–really ony Bron and Melo–and so little likelihood that either would leave his team. What the Lakers are doing now no longer qualifies as planning. It’s panic. Forbes.com

July 2, 2014 Updates

The Anthony pitch will be spearheaded by Lakers president Jeanie Buss, executive vice president of player personnel Jim Buss and Kupchak, according to a source with knowledge of the Lakers' plan. One key difference in the Lakers' pitch meeting with Anthony from the one they had with Dwight Howard last year will be the presence of Jeanie Buss, who has made it clear to the front office that she will do whatever is helpful to sell free agents on the franchise. The relationship between Jeanie Buss and brother Jim Buss has vastly improved in recent months, sources close to the situation told ESPN.com's Ramona Shelburne. ESPN.com

July 1, 2014 Updates
June 3, 2014 Updates
May 30, 2014 Updates

Lakers executives Jim Buss and Mitch Kupchak will do the majority of the work via phone calls and interviews with numerous candidates but Jeanie Buss will be updated continually and offer feedback if she feels the need. "Jeanie's involved in the process of finding him," said a person familiar with the situation. As team governor, Jeanie holds the highest position in the franchise, a role she assumed after her father's death. Los Angeles Times

The Lakers could ultimately meet with 10 coaching candidates but once the two Buss siblings and Kupchak narrow the field dramatically, a recommendation will be presented to the other four Buss siblings — Joey, Jesse, Johnny Buss and Janie Buss Drexel. There will not necessarily be a vote, but it will be a time for the other siblings to ask questions or voice any vehement objections. "This process is going to involve the Buss family," said the person with knowledge of the arrangement. Los Angeles Times

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