Los Angeles Lakers Owner: Does Jerry Buss Still Own The Lakers?

Jerry Buss’ 66% controlling ownership of the Lakers passed to his six children via a trust, with each child receiving an equal vote (11% for each child).

His succession plan had daughter Jeanie assume his previous title as the Lakers’ governor as well as its team representative at NBA Board of Governors meetings.

Jeanie Marie Buss, a daughter of Jerry Buds, is an American sports executive who is the controlling owner and president of the Los Angeles Lakers of the National Basketball Association (NBA).

She entered the family business as general manager of the Los Angeles Strings professional tennis team at 19.

She later bought the Los Angeles Blades professional roller hockey team. She served as president of the Great Western Forum before becoming vice president of the Lakers.

After her father died in 2013, his controlling ownership of the Lakers passed to his six children via a family trust, with each sibling receiving an equal vote.

Buss took over as team president and as the Lakers representative on the NBA Board of Governors. In 2020, she became the first female controlling owner to guide her team to an NBA championship.