It looks like the Buss family drama has subsided. For now.
Jeanie Buss has been confirmed as controlling owner of the Lakers, the Los Angeles Times reported.
Jeanie and her brothers, Johnny and Jim, have been in a battle to control the team. The three agreed that Jeanie would be the controlling owner and on theteam’s board of directors as long as the Lakers stay within the Buss family.
The Busses reportedly went to a Los Angeles judge on Monday morning to iron out the details and have the agreement in writing.
“The message is clear here: Do not underestimate Jeanie Buss,” her attorney, Adam Streisand, said. “There is not going to be a palace coup. Not now. Not ever.”
Because of Jim Buss' attempt to take over the team, he now has lost his position as a co-trustee. There were four co-trustees within the two thirds of the Lakers that the Busses own.
According to an L.A.Times source, Jim resigned his spot to younger sister Janie, who has always supported Jeanie. Now the two women and Johnny are co-trustees.
Jim Buss refused to delve into the issues with the family, saying in a text message that, “It is difficult for me to remain quiet as many of the articles and stories are full of misreporting and does not cover the truth and reasons of what has transpired.”
The brothers tried to oust Jeanie from her position after she gutted the Lakers' front office last month, hiring Magic Johnson to be president of the organization and Kobe Bryant's agent, Rob Pelinka, as the new general manager.
Jim Buss lost his position asexecutive vice president of basketball operations in that makeover.