Johnny Buss Rumors
Johnny maintains that his intention was never to usurp his sister’s authority. He says he worried that Johnson would spend too much in pursuit of a championship. He says he and his brother were aiming for a majority on the board to get control of the budget, but insists he did not know about the effort to elect a board without Jeanie. “I immediately apologized to Jeanie saying, ‘Hey, look. This is not what I wanted. Please don’t include me in this,’” Johnny said. “Jeanie did not accept my apology. Decided to publicly string me up and you know, it was sad.” A source close to the Buss family who was not authorized to speak publicly denied that Johnny had ever apologized and insisted that the conflict only became public because of actions taken by Jim and Johnny.
Jeanie Buss’ high-powered attorney says her courtroom victory against her brothers was a “good old-fashioned ass whooping” … and says Jeanie vows to “bring some glory back to Los Angeles.” As we previously reported, Jim and Johnny Buss tried to overthrow Jeanie and gain control of the team — but Jeanie’s legal team, headed by Adam Streisand, shut them down real quick.
Jeanie and brothers Jim and Johnny agreed to a legal stipulation, filed in Los Angeles Superior Court, that Jeanie will serve as the Lakers’ controlling owner for as long as the Buss family owns the team. At the same time, Jim, who led the recent attack on Jeanie’s throne, agreed to resign as one of three trustees, surrendering that position to sister Janie, who is Jeanie’s ally. The third trustee is still Johnny, who was also part of the coup but can now count on being outvoted if he decides to challenge his sister again.
Los Angeles Lakers president Jeanie Buss has asked her older brothers Johnny Buss and Jim Buss for assurances they’ll vote for her to remain both the controlling owner and a member of the team’s board of directors for the rest of her life, according to documents filed in Los Angeles Superior Court on Friday. The documents were in response to a filing by Jim and Johnny’s attorneys that affirmed they’d vote her in to the team’s board of directors for at least the next year.
In a letter sent to Jeanie Buss and other members of the Lakers’ board on Feb. 24, Jim and Johnny proposed a slate of four directors that did not include Jeanie Buss or Joey Buss, who had previously served on the board. Jeanie Buss’ lawyers argued in court March 2 that Jim and Johnny are breaching their fiduciary responsibilities as trustees by not including her in the slate of proposed directors.
Cuban admitted feeling joy in Lakers president Jeanie Buss thwarting an effort from her brothers, Jim and Johnny, in voting her off the team’s board of directors and stripping away her power as the team’s acting governor. “The worse it is, the better for me,” Cuban said before the Lakers visited the Mavericks on Tuesday at American Airlines Center. “There’s no NBA thing involved. We survived the other franchise going through some hell that didn’t begin to rival what may be going on. The more turmoil with 29 other teams, the happier I am.”
Not that Laker fans should be overly alarmed at the news that Jeanie Buss had to go to court to try to block her brothers, Jim and John, from trying to oust her as head of the franchise. No matter what a judge decides in any future proceeding, Laker fans — and thus, Time Warner execs — will not stand for Jimmy and Johnny, who have never had a real job in their privileged, rich-kid lives, running the franchise. If anyone thinks things have been turbulent, as when fans chanted “We want Phil” at Mike D’Antoni’s debut, that would be like the good old days if Jim and Johnny were ever in charge.