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Jerry Buss' family has sold the Los Angeles Lakers to a new owner. Find out how much the late owner paid to buy the team in 1979.
On Wednesday, the Buss family reportedly entered an agreement to sell the Lakers to TWG Global CEO Mark Walter, who also owns the Dodgers, for a record $10 billion — and it feels like the end of ...
That amount equates to roughly $300 million in 2025. What Is the Buss Family’s Net Worth? Thanks to Jerry’s career and the Buss’ ownership of the Lakers, the family has a significant net worth.
Follow The Athletic’s live coverage of the NBA offseason & free agency. The Buss dynasty has reigned over the NBA since 1979, when Jerry Buss bought the Los Angeles Lakers in what has proved to ...
The Buss family’s decision to sell a controlling stake in the Los Angeles Lakers at an eye-popping franchise valuation of $10 billion marks the end of nearly a half-century when one of the mo… ...
Follow The Athletic’s live coverage of the NBA offseason & free agency. In 1979, when Dr. Jerry Buss purchased his $67.5 million stake in the Los Angeles Lakers — which included a 13,000-acre ...
Los Angeles, June 18 (Reuters) - The Buss family is entering an agreement to sell a majority stake in the Los Angeles Lakers, ESPN reported on Wednesday, marking the end of an era for one of the ...
In 1979, shortly after purchasing the Lakers, Buss commissioned the first Laker Girls dance team. The Forum Club became one of the city’s hottest nightspots. The games were more than athletic ...
Jerry Buss turned the “Showtime” Lakers into the biggest party in L.A. – now new owner Mark Walter faces a high bar to continue that legacy Brian Lowry June 18, 2025 @ 5:36 PM ...
Jerry Buss was a chemist and USC instructor who heavily leveraged his real estate investments to buy the Lakers, the NHL’s Los Angeles Kings, the Forum arena and a large ranch from Jack Kent ...
Jeanie and the five other Buss children own the Lakers through a complex trust set up by Jerry Buss before he passed in 2013, and they could only sell if the majority of them agreed to the deal. While ...