OT: Lakers promote Magic; Kupchak, Jim Buss out | The Boneyard

OT: Lakers promote Magic; Kupchak, Jim Buss out

Carnac

That venerable sage from the west
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LOS ANGELES -- In a move that drastically reshapes the leadership structure of one of the NBA's most illustrious franchises two days before the league's trade deadline, the Los Angeles Lakers have named Hall of Famer Magic Johnson their new president of basketball operations while firing both longtime general manager Mitch Kupchak and executive vice president of basketball operations Jim Buss.

The Lakers, with the third-worst record in the NBA and 14th in the West, are in serious danger of missing the playoffs for a fourth straight season. Before this current drought, the Lakers missed the postseason just four times since moving to Los Angeles in 1960.

"Today I took a series of actions I believe will return the Lakers to the heights Dr. Jerry Buss demanded and our fans rightly expect," Lakers president and co-owner Jeanie Buss, Jim's sister, said in a statement Tuesday. "Effective immediately, Earvin Johnson will be in charge of all basketball operations and will report directly to me. Our search for a new general manager to work with Earvin and coach Luke Walton is well underway and we hope to announce a new general manager in short order. Together, Earvin, Luke and our new general manager will establish the foundation for the next generation of Los Angeles Lakers greatness."

[FULL STORY]
 
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I wonder if Magic remains owner of Sparks.
 

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