Jeanie Buss stands as a towering figure in the world of sports, not just for her role as the controlling owner and president of the Los Angeles Lakers, but also for her remarkable journey in a field traditionally dominated by men. Her leadership has guided the Lakers through significant transitions, and her influence extends far beyond the basketball court. Born into a family with a rich legacy in sports and real estate, Jeanie Buss has leveraged her background, business acumen, and passion for sports to become one of the most influential women in the industry.
Personal Information:
- Full Name: Jeanie Marie Buss
- Date of Birth: September 26, 1961
- Age: 62 years old (as of 2024)
- Place of Birth: Santa Monica, California
- Nationality: American
- Parents: Jerry Buss and Joann Buss
- Siblings: Johnny Buss, Jim Buss, Janie Buss, Joey Buss, Jesse Buss
- Occupation: President and Controlling Owner of the Los Angeles Lakers, Co-owner of Women of Wrestling (WOW)
- Marital Status: Married to Jay Mohr (2023)
- Previous Relationships: Steve Timmons (m. 1990, div. 1993), Phil Jackson (1999-2016)
- Net Worth: Estimated at $700 million (as of 2024)
- Awards: 2023 Sports Emmy Award as Executive Producer of “Legacy: The True Story of the LA Lakers”
A Legacy of Leadership: Early Life and Family
Jeanie Marie Buss was born on September 26, 1961, in Santa Monica, California. She is the daughter of Jerry Buss, the late owner of the Los Angeles Lakers and a legendary figure in sports management, and Joann Buss. Growing up alongside her siblings, Jeanie was immersed in a world of sports and business from a young age. Her father, a former chemist who became a successful real estate investor, was a pivotal figure in her life. Jerry Buss was instrumental in building a sports empire that included teams like the Los Angeles Strings, the Los Angeles Kings hockey team, and, most famously, the Los Angeles Lakers.
Jerry Buss’s ventures into sports began in the 1970s, and by the time Jeanie was a teenager, she was already attending World Team Tennis meetings with her father. These experiences provided her with a unique education in sports management, and she quickly became an integral part of her father’s operations. At the age of 17, Jeanie chose to live with her father full-time, further solidifying her role in the family’s burgeoning sports dynasty.
A Career Rooted in Sports Management
Jeanie Buss’s career in sports management began at the young age of 19, when she was appointed the general manager of the Los Angeles Strings, a professional tennis team. This position allowed her to demonstrate her business savvy and leadership skills, setting the stage for her future roles within the family’s sports enterprises. After her success with the Strings, Jeanie took on ownership of the Los Angeles Blades, a roller hockey team, where she further honed her management skills.
Her next major role came as the president of the Great Western Forum, the Lakers’ home arena at the time. This position marked a significant step in her career, as she was now responsible for managing one of the most iconic sports venues in the country. Jeanie’s tenure at the Forum further proved her ability to handle the complexities of sports management, earning her the respect of both her peers and her father.
Ascending to Leadership: The Lakers and Beyond
In 1999, Jeanie Buss was named vice president of business operations for the Lakers, a position that placed her at the heart of one of the most storied franchises in sports history. Under the mentorship of her father, she was groomed to take over the business side of the Lakers, while her brother Jim was expected to manage the basketball operations. This division of responsibilities reflected Jerry Buss’s confidence in Jeanie’s abilities and her potential to lead the Lakers into the future.
Jerry Buss’s passing in 2013 marked a turning point for the Lakers and for Jeanie. Upon his death, his six children inherited a 66% stake in the Lakers through a family trust. Each child received an 11% share, but it was Jeanie who was entrusted with the leadership of the team. Her siblings, recognizing her expertise and vision, granted her full control over Lakers decisions in 2017, solidifying her position as the most powerful figure in the organization.
Jeanie’s leadership was quickly tested. The Lakers were struggling both on and off the court, and difficult decisions had to be made. In 2017, she took decisive action by firing her brother Jim Buss, who was then serving as vice president of basketball operations, and general manager Mitch Kupchak. This bold move was seen as a necessary step to revitalize the team, and it demonstrated Jeanie’s willingness to make tough decisions for the betterment of the franchise.
A Respected Figure in the NBA
Jeanie Buss’s role as the controlling owner and president of the Lakers has made her one of the most influential women in sports. She represents the Lakers on the NBA’s Board of Governors, where she plays a critical role in shaping the direction of the league. Her leadership has not only kept the Lakers competitive but has also solidified their position as one of the most valuable franchises in the world.
The Lakers, under Jeanie’s stewardship, have seen significant success, including an NBA Championship in 2020. This achievement was particularly meaningful, as it came after a period of rebuilding and restructuring within the organization. Jeanie’s ability to navigate the complexities of team ownership, manage high-profile players, and maintain the Lakers’ legacy of excellence has earned her widespread respect in the sports community.
Personal Life and Relationships
Jeanie Buss’s personal life has also been the subject of public interest, though she has always prioritized her career. In 1990, she married professional volleyball player Steve Timmons, but the marriage ended in divorce three years later. Jeanie later explained that she put her career ahead of her marriage, a decision that underscores her commitment to her professional responsibilities.
In late 1999, Jeanie began dating Phil Jackson, the former head coach of the Lakers. Their relationship was one of the most high-profile romances in sports, given Jackson’s legendary status in the NBA. Although they never married, their partnership was significant, both personally and professionally. However, they announced their split in 2016, citing the challenges of maintaining a long-distance relationship.
In 2017, Jeanie began a relationship with comedian Jay Mohr, and in December 2022, they announced their engagement. The couple married in September 2023 in Malibu, marking a new chapter in Jeanie’s personal life.
Net Worth and Financial Impact
As of 2024, Jeanie Buss’s net worth is estimated to be around $700 million. This wealth is largely tied to her ownership stake in the Lakers, which, given the team’s valuation of $6.5 billion, makes her one of the wealthiest women in sports. Each of the Buss siblings’ 11% stake in the Lakers is now worth approximately $715 million, reflecting the franchise’s immense value.
Jeanie’s financial success is not just a product of inheritance; it is also a result of her savvy business decisions and her ability to lead one of the most successful sports franchises in history. Her influence extends beyond the Lakers, as she is also the co-owner and promoter of Women of Wrestling (WOW), further diversifying her portfolio and impact on the sports world.
Jeanie Buss: A Lasting Legacy
Jeanie Buss’s journey from a young girl attending tennis meetings with her father to becoming one of the most powerful women in sports is a testament to her resilience, intelligence, and dedication. She has navigated the challenges of family dynamics, made difficult decisions in the face of adversity, and led the Lakers to new heights. Her legacy is one of leadership, innovation, and a deep commitment to preserving and enhancing the legacy of the Los Angeles Lakers.
