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Feb
18
The Legacy Of Jerry Buss: A Little Something For Everyone

Unknown-1Today we woke up to the news that the most legendary owner of an NBA franchise died at 80 years of age.  Jerry Buss will always be synonymous with the Los Angeles Lakers and helped make LA the city that it is today.  He worked up and until his death from cancer and will always be a factor in the team’s decision making going forward since he created and framed the notion of success in the NBA. Here are some important facts about the man we lost:

  • From Wyoming, Jerry Buss came to LA and made his fortune from a small $1,000 investment in real estate
  • Buss purchased the Los Angeles Lakers, the LA Kings, and the Forum (where they played) in 1979 for $67.5 million – a record breaking deal.  Yet, he showed the world that he knew what he was doing by winning a championship the first year on the job, and creating an empire with ground breaking sports naming rights and television deals.  The team is now the second most valuable in the NBA at around $1 billion.
  • Buss led the lakers to 10 championship titles and easily the greatest winning percentage over his 34 years of ownership.
  • Two of his six children now run the team.
  • Buss led greats like Kareem Abdul-Jabbar, Magic Johnson, Kobe Bryant, and Shaq to success on the court and the lifestyle and image of Hollywood fame off.
  • Buss was a playboy and defined the party lifestyle in LA.
  • He also owned the WNBA’s Los Angeles Sparks who won two titles while playing under Buss.

People love or hate the Lakers, but everyone respected Jerry Buss.  Whether you are into winning, partying, business, loyalty, family, or Hollywood, Buss had a little something for everyone.  He will be missed.

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