Lakers Rumors: The Buss Family Saga Continues with Latest Decision

In the latest bit of Lakers rumors, the Buss brothers have elected Jeanie Buss to the Lakers Board of Directors.

According to documents filed in the Los Angeles County Superior Court on Friday, the Buss brothers have signed an agreement waiving theLakersannual shareholders meeting and electing their sister and four others to the board of directors, asreported by Nathan Fennoof the LA Times. What is the significance of these Lakers rumors?

Jeanie Buss, the Lakers President, must be on the board of directors in order to remain the controlling owner of the team. Late last month, just days after shefiredher brother Jim as President of Basketball Operations andnamedhis rival Magic Johnson as his successor, Jim and Johnny attempted acoupwhen they scheduled a shareholders meeting with the intention of electing new board members. Jeanie’s name was not on the list of proposed members.

Jeanie felt this action was an attempt to remove her as controlling owner and promptly instructed her attorneys tofile a restraining orderto block the meeting. The restraining order was then withdrawn after the brothers canceled the meeting.

Along with Jeanie, Friday’s agreement namedJoey Buss, President of the D-Fenders,Johnny BussofJBU Photo, AEG PresidentDan Beckermanand Lakers CEOFrancis Marianito the board of directors, according toFenno.

With this agreement, Jeanie will remain the controlling owner of the Lakers for another six months until the next shareholders meeting scheduled for December.

Ramona Shelburne of ESPNreportsJeanie’s attorneys arerequestingthat the court requires her brothers to “take all actions reasonably available to them” to ensure she elected to the board and remains controlling owner for the rest of her life.

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It’s clear to me why the lateJerry Busschose Jeanie to lead his team. He gave her all the power and she is finally stepping up to the plate and using it. Firing her brother after his four dismal years as President of Basketball Operations had to be difficult but it had to be done. She gave him his fair shot when she could have replaced him at any time with her then-boyfriendPhil Jackson.

Jeanie is working hard to rebuild the Laker brand which has taken a hit and not seen much success of late. She understands the importance of fan support and loyalty and I believe will do what’s necessary to make the franchise great again.

With the recent hires of Johnson and new GMRob Pelinka, she is demonstrating a willingness to think outside the box and do what’s needed to reshape her team.

She is the perfect mix of salty and sweet. Herkumbaya management styleis refreshing in such a cutthroat business, but don’t let it fool you. She will not hesitate to drop the hammer and make the difficult calls when necessary.

Next: Who Will Get Dealt From Lakers Young Core

So, it seems that Queen Jeannie’s throne is safe for now – but I don’t think for a moment the drama is over.

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