Jerry Buss‘ household will no longer be the bulk owners of the NBA’s Los Angeles Lakers, several outlets reported in June 2025. Though neither the group nor the Buss household at first validated it, the sale rapidly made headings considering that they had a decades-long relationship with the basketball group. As NBA fans assess the conclusion of the Buss-Lakers’ expert relationship, some are questioning just how much cash Jerry himself paid when he purchased the group.
Listed below, discover more about Jerry, his household and his previous ownership of the Lakers.
Who Is Jerry Buss?
Jerry– whose genuine name was Gerald Hatten Buss– was the owner of the Lakers. He passed away in 2013 at the age of 80. The late business owner owned other sports franchises in California and was likewise a financier, chemist and benefactor. After he passed away, Buss’ bulk stake in the Lakers was passed onto his kids in a trust. His child Jeanie ended up being the Lakers’ guv and group agent.
Previously this year, Jeanie appeared in an uncommon interview with NPR to promote the Netflix series Running Point, which parodied her profession. While reviewing her management of the Lakers, she mentioned, “Most of companies in this nation are family-owned companies. And everyone has a household. If you stay in business with them, (arguments) occur. However at the end of the day, what brings you together is the group or business, and you wish to develop something effective.”
” When you are on business side of a group, you have commitments to your partners, suggesting your banks, your sponsors, your fans,” Jeanie continued. “You need to be held liable for the item that you have actually offered them on, that you are anticipated to provide.”
Buss Household’s Net Worth
Jerry had a net worth of $700 million, according toCelebrity Net Worth Throughout his life, he owned 66 percent of the Lakers. It’s uncertain how the 2025 billion-dollar Lakers sale might impact the Buss household’s fortune, however it’s most likely that the brood will get wealthier in time.
Just How Much Did Jerry Buss Purchase the Lakers for?
In 1979, Jerry acquired the Lakers from Jack Kent Cooke for $67.5 million, according to severaloutlets That quantity is comparable to around $300 million in 2025.
Who Purchased the Lakers From the Buss Household?
The Buss household offered the Lakers in 2025 to Mark Walter for $10 billion, according to several outlets.
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