"The announcement was made Thursday in a move many figured would come later with changes to the Lakers' basketball operations department after Mark Walter became the majority owner. The sale was at a $10-billion valuation and was approved by the NBA board of governors in October. According to a person not authorized to speak publicly on the matter, everything with the Lakers is being evaluated and that included firing scouts on Thursday. It was felt that starting the process now was the best course of action to take, according to one person who spoke on condition of anonymity, rather than wait."
""We are extremely honored to have been part of this organization for the last 20 seasons,' Joey and Jesse Buss said in a statement to ESPN, which first broke the story. "Thank you Laker Nation for embracing our family every step of the way. We wish things could be different with the way our time ended with the team. At times like this, we wish we could ask our Dad what he would think of it all.""
The Lakers confirmed that Joey and Jesse Buss are no longer with the franchise. The moves followed an ownership change after Mark Walter became majority owner in a sale valued at $10 billion and approved by the NBA board of governors. Basketball operations are being evaluated and scouts were reportedly fired as part of the process. Joey served as an alternate governor and vice president of research and development and led the South Bay Lakers; Jesse was assistant general manager and director of scouting. Both remain minority owners. Jeanie Buss will continue as the primary team governor. The brothers were credited with finding and developing multiple players.
Read at Los Angeles Times
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