Under Jerry Buss' stewardship, the Lakers became the team of the '80s, winning five championships in that decade with its one-two punch of Hall of Famers Kareem Abdul-Jabbar and Magic Johnson ...

How Much Did Jerry Buss Buy the Lakers for? According to multiple outlets, Jerry bought the Lakers from Jack Kent Cooke for $67.5 million in 1979. That amount equates to roughly $300 million in 2025.