Los Angeles, November 21, 2025
The Los Angeles Lakers have dismissed executives Joey and Jesse Buss as part of a significant organizational overhaul following the sale of the franchise. The Buss brothers, who have been with the team for two decades, will maintain their minority ownership stakes. This restructuring aims to enhance the team’s management and performance under new ownership, emphasizing modern strategies in the ever-evolving landscape of professional sports.
Los Angeles Lakers Dismiss Joey and Jesse Buss Amid Organizational Overhaul
Los Angeles, CA – The Los Angeles Lakers have made a bold move in their management structure by dismissing executives Joey and Jesse Buss, a decision that comes in the wake of the team’s recent sale to Mark Walter for a staggering $10 billion. This organizational shake-up signals a new era for the franchise as it seeks to revitalize its operations and performance on the court.
The Buss brothers have been involved in the Lakers’ front office for two decades, with Joey serving as vice president of research and development and Jesse as assistant general manager and director of scouting. Their connection to the team is deeply rooted, as they are the sons of the late owner Jerry Buss and brothers of current operating governor Jeanie Buss, who remains at the helm of the team for at least five more years.
Details of the Dismissal
Despite their dismissal from the front office roles, both Joey and Jesse Buss will retain their minority ownership stakes in the Lakers. This unique arrangement allows them to maintain a connection to the franchise while the new ownership embarks on a mission to restructure the team’s management and improve performance.
Background Context
The Buss family’s legacy with the Lakers began in 1979 when Jerry Buss purchased the team for $67.5 million. Following his passing in 2013, ownership transitioned to his children, with Jeanie Buss taking a prominent role. The recent sale of a majority stake in the team to Walter marks a transformative change, with the Lakers expected to undergo various organizational changes to enhance competitiveness and profitability.
Organizational Restructuring
As part of this transition, significant restructuring efforts are underway, leading to modifications not only in the front office but also within the scouting department. The new ownership is focused on adopting modern strategies that can keep pace with the evolving landscape of professional sports. This kind of innovative thinking is a hallmark of successful organizations, and it often reflects a broader trend in both sports and business sectors, where adaptability and forward-thinking are critical.
Entrepreneurial Innovation in Sports
The Lakers’ reorganization effort demonstrates a key trend in business: the need for continuous innovation to remain competitive. By implementing changes that streamline operations and enhance scouting, the Lakers are not just looking to improve their performance on the court but also aiming to capitalize on lucrative business prospects off the court. This entrepreneurial approach can inspire other businesses in Los Angeles, illustrating the importance of agility and strategic risk-taking in a dynamic economy.
Furthermore, such organizational changes often pave the way for enhanced collaboration among teams, fostering a culture of competitive excellence that is beneficial for all involved. As businesses in Los Angeles look to drive growth and create job opportunities, learning from the sports industry’s practices can yield valuable insights.
Implications for the Future
The dismissal of the Buss brothers raises questions about the future direction of the Lakers. With Jeanie Buss in charge, the team’s operational strategy will likely balance respect for the franchise’s storied history along with a fresh vision from new ownership. This transition also highlights the importance of leadership that fosters innovation, resilience, and a commitment to excellence—qualities that are paramount not just in sports but across all sectors of the Los Angeles business landscape.
As the Lakers move forward, fans and stakeholders alike will be watching closely to see how these changes impact the team’s performance, engagement with the community, and overall brand strength. Encouragement of entrepreneurial ventures and reduced regulatory burdens can further assist teams and businesses alike to thrive in this bustling economic environment.
Frequently Asked Questions (FAQ)
Who are Joey and Jesse Buss?
Joey and Jesse Buss are the sons of the late Lakers owner Jerry Buss and brothers of Jeanie Buss, the current operating governor. They had significant roles in the Lakers’ front office but will retain minority ownership stakes in the team.
What prompted the dismissal of Joey and Jesse Buss?
The dismissal is part of a broader organizational overhaul following the sale of the Lakers to Mark Walter. This restructuring aims to reshape the team’s management and improve overall performance.
What is the history of the Buss family’s ownership of the Lakers?
The Buss family’s ownership of the Lakers began in 1979 when Jerry Buss acquired the team. Following his death in 2013, the team transitioned to his children, and in 2025, a majority stake was sold to Mark Walter, while Jeanie Buss remains the operating governor.
Will the Buss brothers remain involved with the Lakers?
While they have been dismissed from their front office positions, the Buss brothers will continue to hold minority ownership stakes, allowing them to maintain some connection to the franchise.
Key Features of the Lakers’ Organizational Changes
| Feature | Details |
|---|---|
| Dismissal of Joey and Jesse Buss | Joey and Jesse Buss have been removed from their front office roles as part of the Lakers’ organizational restructuring. |
| Retention of Minority Ownership | Despite their dismissal, the Buss brothers will retain their minority ownership stakes in the Lakers. |
| Sale of Majority Stake | The Buss family sold a majority stake in the Lakers to Mark Walter for $10 billion, with the sale finalized in October 2025. |
| Jeanie Buss’s Continued Role | Jeanie Buss remains the team’s operating governor for at least five more years, overseeing day-to-day operations. |
| Organizational Restructuring | The Lakers are undergoing a significant restructuring, including changes in the front office and scouting department, under new ownership. |
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