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Question: Are you comfortable with your current level of involvement with the Lakers?
Answer: I'm exactly where I want to be. Eighty percent of the basketball decisions are made by [my son] Jimmy and all of the business side is handled by [my daughter] Jeanie. I don't have anything to do with that.
I now have the time to pursue another profession. I'm going to become a professional poker player. Well, let's say I'm going to become a poker player. Whether I can earn a living at it is questionable. But I do play in the World Series of Poker all the time.
Q: Any regrets about the last 31 years?
A: Some of the trades have been tough on me. When Nick Van Exel left, that was hurtful. The Norm Nixon trade was very hurtful, but he made it easy for me because he understood and, still today, Norm and I hug as much as any two guys. So I feel good about that. Firing Paul Westhead was a very, very rough thing because, as a man, I really admired him. When Pat Riley and I realized it was time to part ways, that was sad, the end of an era.
Q: There was a claim in a recent Internet story that, because of the failure of the Lakers to offer Phil Jackson a contract extension to this point, there is a tension among members of the Buss family. Is that true?
A: We really want to get through the year and then take a deep breath and see where we are. If I were to go to Phil right now and say, "Will you coach next year?" he'd say, "Well, let's wait until the end of the year and see how I feel." So, I don't think it causes any tension. I know I have to wait until season's end before a discussion begins.
Q: There was a story on the Internet that you had paid the $800,000 that Lane Kiffin, the Trojans' new football coach, was required to come up with to buy out his contract at Tennessee. Is that true?
A: I heard about that story. There is absolutely zero truth to it. I had never even heard of Lane Kiffin until I picked up the newspaper and saw he had been hired.