Los Angeles Business Journal

Buss Leaves Legacy in Sports and Business

Tuesday, February 19, 2013

Jerry Buss, the Los Angeles Lakers owner who died Monday, left a legacy beyond sports, Southern California Public Radio and the Hollywood Reporter say. Buss started his empire with a $1,000 investment in a small Los Angeles apartment building. That grew into a successful real estate investment firm and into enough money for Buss to buy the Lakers, which he owned for three decades, turning Hollywood's spotlights on a franchise worth at least $1 billion today.