Buss Family’s Net Worth Jerry had a net worth of $700 million, according to Celebrity Net Worth. During his life, he owned 66 percent of the Lakers.

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.

The Buss family has become synonymous with the Lakers since Jerry Buss bought the franchise in 1979. He is a major reason why the team is worth $10 billion in 2025.

That status took a bit of a dip during the last decade-plus, especially after Jerry Buss’ death in 2013. There were six straight non-playoff seasons from 2013-14 through 2018-19.

When Jerry Buss, a former chemist turned real estate mogul, acquired the Lakers in 1979 for $67.5 million, he not only bought a basketball team, but capitalised on an opportunity to transform the ...