Why The Buss Family Sold The Lakers For $10 Billion Jerry Buss might appreciate the massive return—he purchased the Lakers, the Forum, the NHL’s Kings and real estate for a combined $67 5 million in 1979 Still, the sale feels surprising Jerry Buss made it clear he wanted his children to maintain the team after his death in 2013 But several developments shifted the family’s thinking
Buss family’s decision to sell a controlling stake in the Lakers ends . . . LOS ANGELES (AP) — 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 most valuable properties in the sports world was run by an eccentric father and his sometimes squabbling children With high-living playboy Jerry Buss and current team governor Jeanie
How Did The Buss Family Make Their Money - behappyfamily. com Where Did The Buss Family Get Their Money? Dr Jerry Buss, celebrated as a visionary, transformed his real estate profits into a groundbreaking $67 5 million deal in 1979, acquiring the NBA's Los Angeles Lakers, NHL's Los Angeles Kings, and The Forum Arena