The Jerry Buss family is no longer the primary owners of the Los Angeles Lakers
19 june 2025 в 17:13
The family of Jerry Buss will no longer be the primary owners of the NBA team «Los Angeles Lakers», - several sources reported in June 2025. Although neither the team nor the Buss family initially confirmed this, the sale quickly made headlines as they had a decade-long relationship with the basketball team. As NBA fans ponder the end of the Buss-Lakers professional relationship, some are wondering how much money Jerry himself paid when he bought the team.
Below you will learn more about Jerry, his family, and his past ownership of the Lakers.
Jerry — whose real name was Gerald Hatten Buss — was the owner of the Lakers. He passed away in 2013 at the age of 80. The late businessman owned other sports clubs in California, was also an investor, chemist, and philanthropist. After his death, Buss’s stake in the Lakers was transferred to his children in a trust. His daughter Jeanie became the governor of the Lakers and the team’s representative.
Earlier this year, Jeanie appeared in a rare interview with NPR to promote the Netflix series «Running Point», - which parodied her career. Reflecting on her leadership of the Lakers, she noted: «Most businesses in this country are family businesses. And everyone has a family. If you work with them, disagreements happen. But at the end of the day, what unites you is the team or business, and you want to build something successful».
«When you’re on the business side of a team, you have obligations to your partners, meaning your banks, sponsors, fans», - Jeanie continued. «You have to be accountable for the product you sold them, which they expect to receive».
According to Celebrity Net Worth, Jerry had a fortune of $ 700 million. Throughout his life, he owned 66 percent of the Lakers. It is unclear how the sale of the Lakers for billions of dollars in 2025 may affect the Buss family’s wealth, but it is likely that they will become richer over time.
In 1979, Jerry acquired the Lakers from Jack Kent Cooke for $ 67.5 million, according to multiple sources. This amount is equivalent to approximately $ 300 million in 2025.
The Buss family sold the Lakers in 2025 to Mark Walter for $ 10 billion, according to multiple sources
Below you will learn more about Jerry, his family, and his past ownership of the Lakers.
Jerry — whose real name was Gerald Hatten Buss — was the owner of the Lakers. He passed away in 2013 at the age of 80. The late businessman owned other sports clubs in California, was also an investor, chemist, and philanthropist. After his death, Buss’s stake in the Lakers was transferred to his children in a trust. His daughter Jeanie became the governor of the Lakers and the team’s representative.
Earlier this year, Jeanie appeared in a rare interview with NPR to promote the Netflix series «Running Point», - which parodied her career. Reflecting on her leadership of the Lakers, she noted: «Most businesses in this country are family businesses. And everyone has a family. If you work with them, disagreements happen. But at the end of the day, what unites you is the team or business, and you want to build something successful».
«When you’re on the business side of a team, you have obligations to your partners, meaning your banks, sponsors, fans», - Jeanie continued. «You have to be accountable for the product you sold them, which they expect to receive».
According to Celebrity Net Worth, Jerry had a fortune of $ 700 million. Throughout his life, he owned 66 percent of the Lakers. It is unclear how the sale of the Lakers for billions of dollars in 2025 may affect the Buss family’s wealth, but it is likely that they will become richer over time.
In 1979, Jerry acquired the Lakers from Jack Kent Cooke for $ 67.5 million, according to multiple sources. This amount is equivalent to approximately $ 300 million in 2025.
The Buss family sold the Lakers in 2025 to Mark Walter for $ 10 billion, according to multiple sources
© Smirnova Olga
