Los Angeles Lakers NBA basketball team's owner Jerry Buss (R), his son Vice President of Basketball Operations Jim Buss (C) and Lakers player Matt Barnes listen at a news conference to announce new head coach Mike Brown in Los Angeles, California, May 31, 2011. Reuters/Lucy Nicholson

Los Angeles Lakers part owner Jim Buss is satisfied with what the team has done so far in their rebuilding effort to return back to prominence in the NBA. Also the team’s executive vice president, Buss also admitted that they are not yet done but that the team has already “turned the corner” in trying to get back to contention in the upcoming years.

“I think we’ve done a great job (rebuilding). Yeah, I think we’re in dynamite position. Not good position – dynamite. I think we’ve turned the corner,” The 66-year-old Lakers executive said in an interview with Sam Amick of USA Today Sports. “I don’t know if you discount that terminology, ‘turn the corner.’ But when you’re headed down the wrong road, and you can finally get off that road and turn the corner, that’s huge in my opinion.”

The Lakers drafted point guard D’Angelo Russell in the most recent NBA Draft as the second overall pick and Buss had no regrets in picking him over big man Jahlil Okafor, who was picked third by the Philadelphia 76ers.

With the Lakers recent moves in the draft and free agency, Buss believes that they are “ahead of schedule” and looking forward for a big free agent signing after the 2015-2016 season.

The Lakers have been active in the 2015 offseason although the Hollywood squad has no big free agent signing during the summer. Los Angeles acquired veterans Roy Hibbert, Brandon Bass and Lou Williams to add depth to the their line-up featuring Kobe Bryant, Jordan Clarkson, Nick Young, Julius Randle and Ryan Kelly, among others.

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