The Los Angeles Lakers have just fired GM Mitch Kupchak and announced that Magic Johnson will take over as President of Basketball Operations, meaning Jim Buss will no longer hold his role as Lakers Executive Vice President of Basketball Operations.
Here's what Jeanie Buss had to say about Magic's promotion, per the Lakers official press release:
"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," Jeanie Buss said. "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."
Magic said this promotion is a "dream come true":
"It's a dream come true to return to the Lakers as President of Basketball Operations working closely with Jeanie Buss and the Buss family," said Earvin "Magic" Johnson. "Since 1979, I've been a part of the Laker Nation and I'm passionate about this organization. I will do everything I can to build a winning culture on and off the court. We have a great coach in Luke Walton and good young players. We will work tirelessly to return our Los Angeles Lakers to NBA champions."