After retiring as a player, Schaus transitioned into coaching, where he truly found his calling. He returned to West Virginia University in 1954, this time as the head coach of the men's basketball team. Under his guidance, the Mountaineers flourished, achieving remarkable success. Schaus's coaching tenure at West Virginia was highlighted by the development of future NBA legend Jerry West. Schaus's ability to mentor and develop players was evident as he led the team to multiple NCAA tournament appearances, including a runner-up finish in the 1959 NCAA Championship game.
In 1960, Schaus made the leap to the professional coaching ranks, taking the helm of the Los Angeles Lakers. His arrival coincided with the Lakers' move from Minneapolis to Los Angeles, marking a new era for the franchise. Schaus's leadership helped the Lakers become a dominant force in the NBA during the 1960s. With stars like Elgin Baylor and Jerry West, whom Schaus had previously coached at West Virginia, the Lakers reached the NBA Finals four times under his guidance. Although they fell short of winning a championship, Schaus's strategic acumen and ability to manage star talent were evident throughout his tenure.
After stepping down as the Lakers' head coach in 1967, Schaus transitioned to the role of general manager for the team. In this capacity, he played a crucial role in shaping the Lakers' roster, including the acquisition of Wilt Chamberlain, which further solidified the team's status as a powerhouse in the league. Schaus's tenure as general manager saw the Lakers continue to compete at a high level, culminating in an NBA Championship in 1972, shortly after he left the position.
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