Short Ownership History Before Jerry Buss
The Los Angeles Lakers were founded in 1947 as the Minneapolis Lakers. In 1960, the team moved to Los Angeles. Before Jerry Buss, the franchise was primarily controlled by the Minneapolis Lakers ownership group and later by local Los Angeles investors.
Jack Kent Cooke and the Lakers
Jack Kent Cooke, a Canadian-born businessman, became the Lakers' controlling owner in 1965. Cooke also owned the Los Angeles Rams and the Forum, the team's home arena. Under Cooke, the Lakers remained competitive but were often overshadowed by his other sports ventures.
Jerry Buss Buys the Lakers in 1979
Jerry Buss, a chemist and real estate investor, purchased the Lakers, the Forum, and other Cooke assets in 1979. Buss created the modern Lakers business model, emphasizing entertainment, player development, and branding. His ownership transformed the franchise into a global sports and entertainment brand.
Why This Ownership History Matters for Fans
Understanding who owned the Lakers before Jerry Buss helps fans see how the team's identity shifted from a regional franchise to a national powerhouse. Cooke built the foundation, but Buss's business strategy set the stage for decades of sustained success.
