What Jeannie really needs to do is even the playing field. She’s competing with billionaires and the landscape has changed. She needs outside capital and counsel. Our inability to go deep into the luxury tax is preventing us from some our natural competitive advantages.
To win a championship, it requires rosters that go well past the luxury tax. I’m hoping she can look at alma mater USC and see what Lincoln Riley has done in the past year. Going outside the family is her best route. _________________ Author of James Harden and the Strip Club
"The key to good decision making is not knowledge. It is understanding. We are swimming in the former. We are desperately lacking in the latter." - Malcom Gladwell
What Jeannie really needs to do is even the playing field. She’s competing with billionaires and the landscape has changed. She needs outside capital and counsel. Our inability to go deep into the luxury tax is preventing us from some our natural competitive advantages.
To win a championship, it requires rosters that go well past the luxury tax. I’m hoping she can look at alma mater USC and see what Lincoln Riley has done in the past year. Going outside the family is her best route.
Joined: 14 Apr 2001 Posts: 144474 Location: The Gold Coast
Posted: Wed Dec 28, 2022 8:58 am Post subject:
ahaider wrote:
What Jeannie really needs to do is even the playing field. She’s competing with billionaires and the landscape has changed. She needs outside capital and counsel. Our inability to go deep into the luxury tax is preventing us from some our natural competitive advantages.
To win a championship, it requires rosters that go well past the luxury tax. I’m hoping she can look at alma mater USC and see what Lincoln Riley has done in the past year. Going outside the family is her best route.
So she should give up a chunk of her share in the family trust to deepen the pockets? Besides that reportedly being impossible, she would no longer be in control since her siblings would have more ownership in the family trust. _________________ RIP mom. 11-21-1933 to 6-14-2023.
What Jeannie really needs to do is even the playing field. She’s competing with billionaires and the landscape has changed. She needs outside capital and counsel. Our inability to go deep into the luxury tax is preventing us from some our natural competitive advantages.
To win a championship, it requires rosters that go well past the luxury tax. I’m hoping she can look at alma mater USC and see what Lincoln Riley has done in the past year. Going outside the family is her best route.
1. The Lakers already are deep into the luxury tax.
2. The Busses don't have any way to get significant outside capital that they can use to pay more in salaries. All they can do is sell their interest in the Lakers to some very rich person who will spend more, but there's no indication they have any interest in doing that.
What Jeannie really needs to do is even the playing field. She’s competing with billionaires and the landscape has changed. She needs outside capital and counsel. Our inability to go deep into the luxury tax is preventing us from some our natural competitive advantages.
To win a championship, it requires rosters that go well past the luxury tax. I’m hoping she can look at alma mater USC and see what Lincoln Riley has done in the past year. Going outside the family is her best route.
building our own arena was the only way for her to gain significant income, and obviously she passed on that. don't tell me it doesn't work because the Warriors earned almost twice as much as us even after paying all those taxes.
by the way, Lincoln Riley brought the best player in college football with him, without Caleb Williams, USC would be under .500. he is a great coach, don't get me wrong.
What Jeannie really needs to do is even the playing field. She’s competing with billionaires and the landscape has changed. She needs outside capital and counsel. Our inability to go deep into the luxury tax is preventing us from some our natural competitive advantages.
To win a championship, it requires rosters that go well past the luxury tax. I’m hoping she can look at alma mater USC and see what Lincoln Riley has done in the past year. Going outside the family is her best route.
What she needs to do is to hire the best people available and GTFO of the way.
What Jeannie really needs to do is even the playing field. She’s competing with billionaires and the landscape has changed. She needs outside capital and counsel. Our inability to go deep into the luxury tax is preventing us from some our natural competitive advantages.
To win a championship, it requires rosters that go well past the luxury tax. I’m hoping she can look at alma mater USC and see what Lincoln Riley has done in the past year. Going outside the family is her best route.
building our own arena was the only way for her to gain significant income, and obviously she passed on that. don't tell me it doesn't work because the Warriors earned almost twice as much as us even after paying all those taxes.
by the way, Lincoln Riley brought the best player in college football with him, without Caleb Williams, USC would be under .500. he is a great coach, don't get me wrong.
Seems like Jeanie isn't very smart when it comes to making business investment/decisions. Don't even know what she's good at. It's why the Lakers are where they are rn and it's only 10 years in. Most of her wealth comes from her dad.
More money would help, obviously. The Warriors and Clippers have an advantage over the rest of the NBA. They can keep adding to their teams without worrying about the luxury tax.
But, this team has spent money poorly in the past. Westbrook increased the luxury tax by a lot to make the team a lot worse.
The past front office spent big money on Mozgov and Deng.
Money still needs to be used wisely, even if the Lakers one day get to spend like the Warriors and Clippers.
If you want hope, maybe the Buss family eventually gives in after seeing these sale prices sports teams are fetching. The Suns were just bought for $4 billion after being calculated as being worth $2.7 billion by Forbes in October.
The Lakers were calculated to be worth $5.9 billion by Forbes in October, so imagine how much the Buss family could get for them. There's gotta be some point where the dollars become too much to pass up.
Joined: 02 May 2005 Posts: 90307 Location: Formerly Known As 24
Posted: Wed Dec 28, 2022 1:09 pm Post subject:
venturalakersfan wrote:
ahaider wrote:
What Jeannie really needs to do is even the playing field. She’s competing with billionaires and the landscape has changed. She needs outside capital and counsel. Our inability to go deep into the luxury tax is preventing us from some our natural competitive advantages.
To win a championship, it requires rosters that go well past the luxury tax. I’m hoping she can look at alma mater USC and see what Lincoln Riley has done in the past year. Going outside the family is her best route.
So she should give up a chunk of her share in the family trust to deepen the pockets? Besides that reportedly being impossible, she would no longer be in control since her siblings would have more ownership in the family trust.
Technically speaking, she is one of the beneficiaries of a trust, and thus has no actual “share” that she can sell in part or in whole. _________________ “We must always take sides. Neutrality helps the oppressor, never the victim. Silence encourages the tormentor, never the tormented.” ― Elie Wiesel
Joined: 24 Dec 2007 Posts: 35854 Location: Santa Clarita, CA (Hell) ->>>>>Ithaca, NY -≥≥≥≥≥Berkeley, CA
Posted: Wed Dec 28, 2022 7:28 pm Post subject:
Fans should boycott going to the games in person until the Buss kids sell. Stop paying to see this garbage product. _________________ Damian Lillard shatters Dwight Coward's championship dreams:
Nothing has changed on the Buss family ownership front, instead of Jim, you get Jeanie but the same incompetence of the post-Jerry Buss era. Guessing a decade will pass before they decide to throw in the towel and sell. If you want to take an example of what bad ownership can do just look down south at the Angels organization. Took them nearly a decade of mediocrity before the owner decided to sell.
Fans should boycott going to the games in person until the Buss kids sell. Stop paying to see this garbage product.
Which fans are you talking about?
Im pretty sure most of the crowd is having a great time watching James dunks and chanting “MVP” for Westbrook. Ignoring the airballs, turnovers and piss poor defensive effort in losses.
Lakers are more concerned with entertainment and marketing than winning. That is not changing anytime soon. By the time they do, a generation of NBA fans will only know them as irrelevant and great comedy.
Hypothetically if the Lakers are on the market how much would the winning bid be? The Glazers are selling off Manchester United by Q1 2023 for reportedly around £6B. Figure we'd go for right around there...
Joined: 11 Jan 2012 Posts: 5103 Location: Southland Native
Posted: Wed Dec 28, 2022 9:59 pm Post subject:
J.C. Smith wrote:
Gatekeeper wrote:
Hypothetically if the Lakers are on the market how much would the winning bid be? The Glazers are selling off Manchester United by Q1 2023 for reportedly around £6B. Figure we'd go for right around there...
Hypothetically if the Lakers are on the market how much would the winning bid be? The Glazers are selling off Manchester United by Q1 2023 for reportedly around £6B. Figure we'd go for right around there...
I think they could get $10B+.
That would make all six Buss kids instant billionaires before taxes since they each own 11% stake. I'd say they take it and run or they risk having Jeanie run the team into the ground.
Hypothetically if the Lakers are on the market how much would the winning bid be? The Glazers are selling off Manchester United by Q1 2023 for reportedly around £6B. Figure we'd go for right around there...
I think they could get $10B+.
Don't think so, especially in this market. The Suns went for $4B; $6B to $7B would be the most the Lakers would be sold for.
The lakers estimated to worth 5.9B, and you have to pay premium. 8-10B is easy to get
What Jeannie really needs to do is even the playing field. She’s competing with billionaires and the landscape has changed. She needs outside capital and counsel. Our inability to go deep into the luxury tax is preventing us from some our natural competitive advantages.
To win a championship, it requires rosters that go well past the luxury tax. I’m hoping she can look at alma mater USC and see what Lincoln Riley has done in the past year. Going outside the family is her best route.
What she needs to do is to hire the best people available and GTFO of the way.
I agree but the problem is that she obviously does not understand that because she hires her friends and Pelinka who was Kobe's agent.
Despite having Lebron, our team have been a failure.
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