Lakers will remain in Buss family. But now a new legacy begins.

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Lakers fans have always felt uneasy talking about the reality that hit the team today — life for the organization after Jerry Buss, who passed away Monday morning.

The Hall of Fame Lakers owner was the man with the vision and plan that made the Lakers the most successful franchise in the NBA of the last 30 years. He was brilliant at marketing but he also hired people with good basketball instincts and he understood the value of stars in the NBA. Under him, the Lakers made the NBA finals 48 percent of the years since he bought the team.

Now his children take over the organization and a new legacy begins. Every title, all the success so far goes on Jerry’s side of the Lakers ledger. It’s now tabula rasa.

If one thing should be clear from what the family said Monday is should be this — the Lakers are not being sold. It is something the family said in a statement in January, said in a statement again Monday and was reiterated by a team spokesman later on Monday at a press conference. The Buss family will continue to control the franchise.

“It was our father’s often stated desire and expectation that the Lakers remain in the Buss family. The Lakers have been our lives as well and we will honor his wish and do everything in our power to continue his unparalleled legacy,” the family said in a statement.

Jerry Buss’ six children each have a stake in a complicated trust that gives them as a group a majority ownership of the franchise (believed to be about 65 percent, with AEG the next largest owner at about 30 percent). Jim, Jeanie and Johnny manage the trust. Each family member has some role in the organization.

Jim Buss has and will maintain ultimate control of the of the basketball side of the operations (something he has basically done for several years now working with Mitch Kupchak). However, on the basketball side Jerry was always the ultimate decider, now that falls to Jim. Jeanie Buss will continue to run the business side of the operation, as she has done for a decade. She has a fantastic reputation around the league with other owners.

Reports had surfaced that, at least before their father’s recent turn for the worse, Jim and Jeanie had not spoken since Jeanie’s fiancé Phil Jackson was interviewed but turned down to return as Lakers coach.

The question on everyone’s mind is “can Jim live up to his father’s legacy? Or will there be changes?” In the short term, probably not much changes. In the long term… that remains to be seen.

Jerry was a gambler, but a guy who always did his research then trusted his conclusions. Like the good poker player he was, when he took a risk it was calculated not impulsive. He stayed true to his vision.

Whether Jim Buss has both the vision and ability to pull that off remains to be seen. His test starts now.

If Jeanie and Jim work together, the Lakers could and should remain one of the most powerful franchises and brands the NBA has. However, there is the potential Shakespearian-level drama if there is a struggle for power.

And if that happens Lakers fans should be worried, because the fantastic success of the organization started with stability and vision from the top.

Minnesota signs undrafted rookie Naz Reid to multiyear deal

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MINNEAPOLIS (AP) — The Minnesota Timberwolves have signed rookie center Naz Reid to a multiyear contract, upgrading the two-way deal they initially gave him before a strong performance for the team’s entry in the NBA Summer League in Las Vegas.

The new contract, completed Thursday, all but ensures that Reid will be on the regular-season roster, after going undrafted out of LSU.

Jon Krawczynski of The Athletic broke the story.

The 6-foot-10, 250-pound Reid averaged 11.9 points and 5.4 rebounds in 18.6 minutes over seven summer league games against other clubs largely composed of rookies and second-year players. The Timberwolves’ team reached the championship game.

Reid averaged 13.6 points and a team-high 7.2 rebounds in his lone season at LSU, which reached the Sweet 16 of the NCAA Tournament.

Bulls bring back Shaquille Harrison on one-year contract

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Shaquille Harrison started last season as an afterthought at the end of the Chicago Bulls’ bench. Then, because Cameron Payne was not good and Kris Dunn got injured (and was really not that good, either), Harrison got his chance — and took it. He was a defender Fred Hoiberg and then Jim Boylen could trust, and he played in the final 72 Bulls games last season at almost 20 minutes a night.

He will be back with the Bulls next season, the team announced.

While not announced, this is a one-year minimum contract. The Bulls waived Harrison back on July 6 as they remade the roster, but Harrison played one game at Summer League for the Bulls and they decided to bring him back.

Harrison is a Boylen favorite — he plays hard and defends well — and while minutes will be harder to come by behind Tomas Satoransky and Coby White, Harrison is a guy Boylen wants on the bench.

Dunn is on the roster at point guard, too, but the Bulls are rumored to be looking to trade him and his $5.4 million salary. Chicago will likely have to throw in a sweetener, like a decent second-round pick, to make that happen.

Nike countersues Kawhi Leonard over ‘Klaw’ logo

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“My mind on my money and my money on my mind.”
—Snoop Dogg

Nike and Kawhi Leonard are going to court over control of his “Klaw” logo, and it’s all about money and brand.

Leonard left Nike last season, eventually signing with New Balance, and he wants to be able to market his Klaw logo as part of his line with his new company. Leonard and his representatives sued Nike for control of the logo, saying Leonard came up with it in his own drawings.

Nike has countersued and said Leonard did not design the logo. Tim Bontemps of ESPN had these quotes from the countersuit itself.

“In this action, Kawhi Leonard seeks to re-write history by asserting that he created the ‘Claw Design’ logo, but it was not Leonard who created that logo. The ‘Claw Design’ was created by a talented team of NIKE designers, as Leonard, himself, has previously admitted…

“In his Complaint, Leonard alleges he provided a design to NIKE. That is true. What is false is that the design he provided was the Claw Design. Not once in his Complaint does Leonard display or attach either the design that he provided or the Claw Design. Instead, he conflates the two, making it appear as though those discrete works are one and the same. They are not.”

TMZ posted the designs.

I’m not about to guess what a judge would decide in this case. Most likely, this gets settled one way or another.

Meanwhile, New Balance is trying to come up with a new slogan for Leonard and his gear. King of the North is now out after his move to the Los Angeles Clippers this summer.

J.R. Smith reportedly meets with Bucks to talk contract

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After five seasons in Cleveland, the Cavaliers waived J.R. Smith. The 34-year-old veteran wing is not part of the Cavaliers future, and by waiving him before the guarantee date they only had to pay him $4.4 million of this $15.7 million salary.

That makes Smith a free agent.

He sat down with the Bucks on Thursday, according to Shams Charania of The Athletic.

The Bucks can only offer minimum contracts at this point.

Smith will turn 34 before next season starts and his skills are in decline, he shot just 30.8 percent from three last season. The Bucks will likely start Khris Middleton and Wesley Matthews on the wing with Sterling Brown, Pat Connaughton, and Donte DiVincenzo behind them. They have the roster spot to make the addition. The questions are does Smith fit, does he want the small role that’s really available, and how often will he wear a shirt around the facility?