In 1979, Dr. Jerry Buss purchased the Los Angeles Lakers, as well as the Los Angeles Kings and The Forum, from previous owner Jack Kent Cooke for $67.5 million, thus beginning arguably the greatest ...
On June 18, 2025, the storied relationship between the Los Angeles Lakers and the Buss family, dating back to Jerry Buss’s $67.5 million acquisition of the franchise in 1979, came to a historic close.
Before the sale is made official, the Buss family, who have owned the team since 1979, made a statement on the changing ownership. “The Buss family is deeply honored to have looked after this ...