The lasting economic legacy of Lakers’ owner Jerry Buss
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And this final note, the longtime owner of the L.A. Lakers died today after battling cancer. Jerry Buss was the man who brought the razzle dazzle of Hollywood to the NBA.
He not only led the Lakers to 10 league championships, but he was one of the most innovative businessmen in sports. Court-side seating, the Laker Girls, marquee line-ups with stars like Shaq, Magic and Kobe.
Forbes recently listed the Lakers’ worth at a billion dollars. Buss paid about $67 million for the team back in 1979.
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