Original Purchase Price
The Buss family acquired the Los Angeles Lakers in 1979 when Dr. Jerry Buss bought the team, the arena, and the surrounding land for a reported $67.5 million. The transaction was a landmark deal in NBA ownership history.
Ownership Structure
Jerry Buss held the team through his company, Buss Holdings, and later passed ownership to his six children. The family trust continues to control the franchise, with Jeanie Buss serving as controlling owner after her father's death in 2013.
Current Valuation Context
While the original purchase price was $67.5 million, the Lakers are now valued in the billions. Forbes and other outlets regularly rank the franchise among the most valuable in the NBA, reflecting decades of on-court success and global brand growth.
Key Financial Milestones
Over the decades, the Buss family has invested heavily in the team and the Crypto.com Arena complex. The franchise has generated substantial revenue through media deals, sponsorships, and ticket sales, significantly increasing the original investment value.
