From nba.com
Jim Buss says he’ll go if Lakers can’t turn it around in next 3-4 years – So this is how it will end. If the Los Angeles Lakers don’t dig out of their current mess and return to their place among the NBA’s elite in the next three to four years, Jim Buss is gone. Those are his words, per Mike Bresnahan of The Los Angeles Times. It’s no secret among the Buss clan, whose obligation to the city of Los Angeles goes beyond just running the most high-profile franchise in town but also making sure said franchise competes at the highest level year after year.
The six brothers and sisters, with a gap of 31 years from eldest to youngest, gathered in the winter near the first anniversary of their father’s death to discuss some problems about the family business. It’s also the city’s treasured sports team — the Lakers.
The team was nose-diving in the standings, losing the interest of fans, and grinding toward its worst season since the team moved to Los Angeles in 1960.
So Jeanie Buss posed an elementary question to her siblings: What was going on with the Lakers?
Her older brother Jim Buss, 54, in charge of the Lakers’ basketball operations, spoke up in the boardroom of the team’s El Segundo training facility and pledged to resign in a few years if the suddenly dark fortunes of the franchise weren’t reversed.
“I was laying myself on the line by saying, if this doesn’t work in three to four years, if we’re not back on the top — and the definition of top means contending for the Western Conference, contending for a championship — then I will step down because that means I have failed,” he told The Times about the meeting. “I don’t know if you can fire yourself if you own the team … but what I would say is I’d walk away and you guys figure out who’s going to run basketball operations because I obviously couldn’t do the job.
“There’s no question in my mind we will accomplish success. I’m not worried about putting myself on the line.”
It was an emotional meeting, and the siblings — including Johnny, Janie, Joey and Jesse — agreed that Jim deserved more time on the job.
Their father, Jerry Buss, died in February 2013. He left his six children — each with an equal vote — in charge of a family trust, with a 66% ownership stake in the team. But the results of their first season as co-owners weren’t close to championship caliber.
“We’re watching a very unfortunate thing happen to a beloved team right now,” former Lakers coach Phil Jackson told The Times before taking the job last month as president of the New York Knicks. “Everybody is kind of aghast at it and people that are the best customers that any franchise can possibly hope for are dissatisfied, and rightly so.”