Jerry Buss Explained

Jerry Buss
Birth Name:Gerald Hatten Buss
Birth Date:27 January 1933
Birth Place:Salt Lake City, Utah, U.S.
Death Place:Los Angeles, California, U.S.
Resting Place:Forest Lawn Memorial Park, Los Angeles, California
Known For:Owner of the Los Angeles Lakers and Los Angeles Sparks
Awards:
Domesticpartner:Veronica Hoff (1972–1980)
Karen Demel
Children:7, including

Gerald Hatten "Jerry" Buss (January 27, 1933 – February 18, 2013) was an American businessman, investor, chemist, and philanthropist. He was the majority owner of the Los Angeles Lakers of the National Basketball Association (NBA), winning 10 league championships that were highlighted by the team's Showtime era during the 1980s. He was inducted into the Naismith Memorial Basketball Hall of Fame as a contributor. Buss owned other professional sports franchises in Southern California.

Early life and business career

Born in Salt Lake City, Buss and his three younger siblings were raised by their divorced mother, Jessie, who worked as a waitress. His father, Lydus, was an accountant who went on to teach statistics at Berkeley, who abandoned Buss after his first birthday and never returned.[1] When he was nine years old, Buss moved with his mother to Los Angeles; three years later when she remarried, they then moved to Kemmerer, Wyoming and lived in a six-room home with his half-brother Mickey, his half-sister Susan, and stepbrother Jim.[2] One of Buss' boyhood jobs was working for his stepfather, Cecil Brown, who owned a plumbing business. Other jobs in Buss' high school days included carrying bags at the Kemmerer Hotel (paid $2 per day), setting pins at the bowling alley, working on the Union Pacific Railroad, selling stamps, and shining shoes.[3]

Buss earned a scholarship to the University of Wyoming,[4] graduating with a BS degree in two and a half years in 1953. He then returned to Los Angeles and attended the University of Southern California (USC), where he earned an MS and PhD in physical chemistry in 1957 at the age of 24.[5] Upon completion of his PhD, Buss moved to Boston and worked for Arthur D. Little. Buss started as a chemist for the Bureau of Mines (now the Mine Safety and Health Administration);[6] he then briefly worked in the aerospace industry for McDonnell Douglas and was on the faculty of USC's chemistry department.

Buss originally invested in real estate to provide supplementary income so he could continue teaching. His first investment was $1,000 in a 14-unit West Los Angeles apartment building in 1959.[7] Finding great success in the real estate business, he, along with longtime business partner, Frank Mariani, formed real estate investment company Mariani-Buss Associates.[8] In 1979, Buss purchased Pickfair, the Beverly Hills estate once owned by Mary Pickford and Douglas Fairbanks;[5] he sold it in 1987.[9] Buss claimed his company owned—across Arizona, California and Nevada—roughly 700 properties by 1979.

In 1974, Buss produced a movie named Black Eye starring former gridiron star Fred "the Hammer" Williamson.

Buss was an owner of the Phoenix location of the Playboy Club.

Sports team ownership

Buss became an owner of the Los Angeles Strings in World Team Tennis. In 1979, he purchased the Los Angeles Lakers of the NBA, the Los Angeles Kings of the NHL, The Forum, and a 13,000-acre ranch in the Sierra Nevada from Jack Kent Cooke for $67.5 million (equivalent to $ million in).[10] [11] Buss later sold his controlling interest in the Kings to Bruce McNall in 1988. He then reached a major advertising agreement with Great Western Bank for the naming rights to The Forum, resulting in the official name of the building being changed to the Great Western Forum.

Later, when the WNBA was formed in 1996, Buss took charge of operating that league's Los Angeles franchise, the Los Angeles Sparks. Eventually, all three teams moved into a more modern arena in downtown Los Angeles, the Staples Center, which opened in 1999. As part of the deal to move the Lakers into Staples Center, Buss sold the Great Western Forum (which was later reverted to its original name).

The Lakers were very successful under Buss' ownership, winning 10 NBA championships with such players as Kareem Abdul-Jabbar, Magic Johnson, James Worthy, Shaquille O'Neal, Kobe Bryant, and Pau Gasol, and with coaches Paul Westhead, Pat Riley and Phil Jackson. He inspired the Lakers' Showtime era with his vision that basketball games must be entertaining.[12] The Sparks also experienced their share of success, winning two WNBA championships with such players as Lisa Leslie, Tamecka Dixon and DeLisha Milton-Jones.

In 2002, when the WNBA was restructured to give its teams individual owners, Buss took ownership of the Sparks. He sold the team in 2006. Buss also owned the Los Angeles Lazers of the Major Indoor Soccer League. The Lazers also played in The Forum. The team folded in 1989 and the league folded three years later.

His contributions to basketball were recognized by his induction into the Basketball Hall of Fame in 2010.[13] Buss received the Golden Plate Award from the American Academy of Achievement in 1983.[14]

Poker player

Buss was a high-stakes cash game poker player for many years, but later in life was more active in tournament games. His best finishes included third in the 1991 World Series of Poker seven-card stud event and second place in the 2003 World Poker Tour Freeroll invitational. He also appeared in the GSN series High Stakes Poker and the NBC late-night series Poker After Dark.[15]

Jerry Buss’s Entourage

Beginning in the early 1980s, Jerry Buss was notoriously seen in and around Los Angeles at charitable events with his ever-present entourage of close friends who were infamously dubbed in the press as “The Seven Dwarfs”. Jerry's inner circle entourage included John Rockwell, Ron and David Wilder, Miguel A. Nunez, Lance Davis, Mark Fulton, and Brian J. Sadler. This close-knit group of friends would often bid on charitable auction items that would help the causes of the events they attended. The Dwarfs were gifted championship rings when the Lakers won titles and were granted carte blanche access to all Laker home games and events at the Fabulous Forum / Great Western Forum / Staples Center. Professionally, The Dwarfs were outstanding contributors who held positions as special assistant, financial advisor, investment banker, ADPAC marketing executive. The Dwarfs were regular fixtures in and among the Showtime Lakers throughout the 1980s and 1990s, and until Jerry’s passing in 2013.

Philanthropy

In January 2008, Buss donated $7.5 million to USC's Department of Chemistry to fund two endowed chairs and an endowed scholarship fund for chemistry graduate students; the two chairs were to be named after his mentors at USC, Professors Sidney Benson and David Dows. Buss was an inaugural member of the USC College Board of Councilors.[5]

His philanthropy also extended to people associated with the Lakers. When former Lakers player Walt Hazzard, then an adviser to the team, suffered a catastrophic stroke in 1996, Buss kept Hazzard on the payroll and told Hazzard's son that his father would remain a Lakers employee for as long as Buss owned the team. When Hazzard died in 2011, he was still a Lakers employee.[2]

Personal life

Buss has seven known children. His marriage to the former JoAnn Mueller ended in divorce in 1972 after having five children: Lee (born 1953[16]), Johnny (born 1956), Jim (born 1959), Jeanie (born 1961) and Janie (born 1963).[4] [17] [18] Their oldest child, Lee, was put up for adoption shortly after birth.[18] Buss allegedly married his second wife, Veronica Hoff,[19] in 1972 while still married to his first wife, JoAnn. During his time as Lakers owner, Buss was widely known as a playboy and had a string of young girlfriends.[20] Buss dated Debbie Zafrani, a Playboy bunny and the younger sister of the wife of Lakers player Kurt Rambis.

Buss had two more children with a girlfriend, Karen Demel: Joey (born 1985) and Jesse (born 1988). At the time of his death in 2013, six out of seven of his children worked in the Lakers organization.

In 1990, Buss reached a settlement out of court in a palimony suit filed by Puppi Buss, who said that she had an on-and-off relationship with Buss for 15 years, and also alleged that he fathered her son;[21] [22] details of the settlement were not revealed.

On May 29, 2007, Buss was issued a citation for driving under the influence after two California Highway Patrol officers saw him driving his gold Mercedes-Benz on the wrong side of the road in the coastal community of Carlsbad in northern San Diego County, with a 23-year-old woman passenger. After failing a field sobriety test, Buss was taken into custody, given a blood test, and booked on suspicion of driving while intoxicated with a blood-alcohol level over 0.08.[23]

Death

In 2012, Buss was in a hospital for months with an undisclosed intestinal problem.[24] Through his 80th birthday on January 27, 2013, he had not attended a Lakers game during the 2012–13 season due to health concerns.[25] On February 14, 2013, four days before his death, it was revealed that Buss had been battling cancer since 2012.[26]

After being hospitalized at Cedars-Sinai Medical Center with an undisclosed form of cancer, he died of kidney failure on February 18, 2013, aged 80.[27] [28] On February 21, hundreds of friends, colleagues, and family members gathered to pay tribute to Buss in a televised memorial service at the Nokia Theatre L.A. Live, across from the Lakers' home court, Staples Center.[29] Buss was buried on February 22 at Forest Lawn Memorial Park in Hollywood Hills in a private ceremony with family and close friends.[30]

NBA commissioner David Stern said of Buss "The NBA has lost a visionary owner whose influence on our league is incalculable and will be felt for decades to come".[31] Lakers guard Kobe Bryant said "His impact is felt worldwide," and called Buss “the greatest owner in sports ever.”[32]

Buss's 66% controlling ownership of the Lakers passed to his six children via a trust, with each child receiving an equal vote (11% for each child).[33] [34] His succession plan had daughter Jeanie assume his previous title as the Lakers' governor as well as its team representative at NBA Board of Governors meetings.[33] [35]

The 2013 World Series of Poker paid tribute to Buss before the $2,500 Seven Card Stud event.[36] [37]

Further reading

External links

Notes and References

  1. News: Lakers' Jeanie Buss: She's Got Balls - Sports Illustrated Vault SI.com. October 23, 2020. Sports Illustrated Vault | Si.com.
  2. Web site: Jerry Buss: A true sports visionary. Shelburne. Ramona. February 19, 2013. ESPNLosAngeles.com. February 21, 2013.
  3. Web site: Van Noll . William . February 18, 2013 . Lakers Legendary Jerry Buss and His "Rags to Riches" Story Truly One of a Kind . December 6, 2023 . Bleacher Report.
  4. Web site: Goldstein . Richard . February 18, 2013 . Jerry Buss, Lakers Owner and Innovator, Dies at 80 . December 6, 2023 . The New York Times . en-US.
  5. http://www.usc.edu/uscnews/stories/14720.html Jerry Buss Gives $7.5M to USC College
  6. http://www.uwyo.edu/profiles/notable-alumni/buss.html "Jerry Buss - 1953"
  7. Web site: Jares . Sue Ellen . February 11, 1980 . Whether It's the L.A. Lakers or a Lovely Woman, Jerry Buss Is Interested in Champions . April 11, 2019 . en . People.
  8. Web site: Gloster . Rob . 2013-02-19 . Jerry Buss, Lakers' Owner for 10 NBA Championships, Dies at 80 . 2024-04-09 . Bloomberg.com . en.
  9. daughter-of-lakers-owner-jerry-buss-be-the-next-to-rule-her-fathers-sports-kingdom-or-will-one-of-her-brothers-rise-to-power-a-fractured-family-fable
  10. Web site: Noll . William Van . February 18, 2013 . Lakers Legendary Jerry Buss and His "Rags to Riches" Story Truly One of a Kind . April 11, 2019 . Bleacher Report . en.
  11. News: Lakers owner Jerry Buss dies. February 21, 2013. Fox News. February 18, 2013.
  12. News: Ostler. Scott. Remembering Jerry Buss and 'Showtime'. February 21, 2013. San Francisco Chronicle. February 19, 2013.
  13. Naismith Memorial Basketball Hall of Fame Announces Class of 2010 . Naismith Memorial Basketball Hall of Fame . April 5, 2010 . April 5, 2010 . dead . https://web.archive.org/web/20100409151224/http://www.hoophall.com/news/2010/4/5/naismith-memorial-basketball-hall-of-fame-announces-class-of.html . April 9, 2010 .
  14. Web site: Golden Plate Awardees of the American Academy of Achievement . www.achievement.org. American Academy of Achievement.
  15. Web site: A Bad Fold by David Grey on Poker After Dark. RecentPoker. February 3, 2013. https://web.archive.org/web/20110104100812/http://www.recentpoker.com/articles/bad-fold-51710.html. January 4, 2011. dead.
  16. Web site: Lakers: A New Buss Arrives For The "Legacy" Finale On Hulu - The Buss kids discuss their secret sister.. October 18, 2022.
  17. https://web.archive.org/web/20120305233234/http://www.latimes.com/la-mag-may032009-goodsport,0,5925924,full.story#axzz2krm7nI61 Los Angeles Times: "All in the Family - If Jerry Buss has his way, the Lakers will belong to his kids" by John Ireland
  18. Web site: Carol. Kahn. Lee Klose finds birth family after decades. November 5, 2022. Sedona Red Rock News. November 16, 2022.
  19. News: Article clipped from Santa Cruz Sentinel . Santa Cruz Sentinel . April 15, 1983 . 12 .
  20. Web site: Dilbeck . Steve . 2013-02-18 . Dodgers affected by Jerry Buss like no other non-NBA team . 2024-04-02 . Los Angeles Times . en-US.
  21. News: Puppi, Jerry Buss Settle Palimony Suit . March 28, 1990 . Los Angeles Times . https://web.archive.org/web/20131222072743/http://articles.latimes.com/1990-03-28/local/me-289_1_jerry-buss . December 22, 2013 . live .
  22. News: Nba Jordan Unhurt In Crash . July 17, 1987 . Sun-Sentinel . https://web.archive.org/web/20131216215343/http://articles.sun-sentinel.com/1987-07-17/sports/8702280652_1_puppi-buss-palimony-suit-summer-games . December 16, 2013 . live .
  23. News: Buss also booked for driving with BAC of 0.08 or higher . January 8, 2008 . May 29, 2007 . ESPN . Associated Press . https://web.archive.org/web/20071009112501/http://sports.espn.go.com/nba/news/story?id=2886160 . October 9, 2007 . live .
  24. News: Reilly . Rick . Nash, Lakers still searching . January 25, 2013 . ESPN.com . https://web.archive.org/web/20130125200025/http://espn.go.com/espn/story/_/id/8880530/steve-nash-lakers-struggling . January 25, 2013 . live .
  25. News: Kobe Bryant, Steve Nash help Lakers hold on for 2nd straight win . January 27, 2013 . Associated Press . ESPN.com . https://web.archive.org/web/20130130014838/http://scores.espn.go.com/nba/recap?gameId=400278373 . January 30, 2013 . live .
  26. https://archive.today/20130411055753/http://www.lakersnation.com/breaking-news-lakers-owner-jerry-buss-dying-of-cancer/2013/02/14 Breaking News: Lakers Owner Jerry Buss Dying Of Cancer
  27. Web site: Lloyd. Jonathan. Lakers Owner Jerry Buss Dies at Age 80, Leaving Behind "Unparalleled Legacy". NBC Bay Area. January 27, 1933. February 19, 2013.
  28. News: Wharton. David. Lakers owner Jerry Buss dies. Los Angeles Times. February 19, 2013. February 18, 2013.
  29. Web site: Painter. Jill. Jill Painter: Lakers lose innovative owner, L.A. loses friend. The Daily News, Los Angeles. July 4, 2013. Los Angeles, CA. February 21, 2013. dead. https://web.archive.org/web/20130529201146/http://www.dailynews.com/news/ci_22642598/jill-painter-lakers-lose-innovative-owner-l-loses. May 29, 2013.
  30. News: Associated Press. Jerry Buss Buried At Forest Lawn Memorial Park, Hollywood Hills In Private Ceremony. Huffington Post. July 4, 2013. Los Angeles. February 22, 2013.
  31. News: NBA world reacts to Jerry Buss' death. Nba.si.com. February 19, 2013. dead. https://web.archive.org/web/20130221034727/http://nba.si.com/2013/02/18/jerry-buss-dies-nba-reaction/. February 21, 2013.
  32. News: Beacham. Greg. LOS ANGELES: Jerry Buss, Lakers' flamboyant owner, dies at 80. MiamiHerald.com. August 14, 2009. February 19, 2013.
  33. News: Markazi . Arash . Buss family won't sell Lakers . February 18, 2013 . ESPN.com . https://web.archive.org/web/20130219155444/http://espn.go.com/los-angeles/nba/story/_/id/8960441/family-jerry-buss-maintain-los-angeles-lakers-ownership . February 19, 2013 . live .
  34. News: Bresnahan . Mike . Buss family faces crucial moment with the Lakers . April 19, 2014 . Los Angeles Times . https://web.archive.org/web/20140420111025/http://www.latimes.com/sports/basketball/nba/lakers/la-sp-lakers-buss-family-20140420,0,1940758,full.story . April 20, 2014 . dead .
  35. News: Bresnahan . Mike . Lakers expected to remain a Buss family-owned team . February 19, 2013 . Los Angeles Times . https://web.archive.org/web/20130220005530/http://www.latimes.com/sports/basketball/nba/lakers/la-sp-lakers-ownership-20130219,0,6689307.story . February 20, 2013 . live .
  36. News: WSOP Tribute to Dr. Jerry Buss. June 12, 2013. https://archive.today/20230831125936/https://www.pokernews.com/tours/wsop/2013-world-series-of-poker/event-23-2-500-seven-card-stud/photos.2833.htm. August 31, 2023. live.
  37. Web site: KOBE BRYANT HAS A SPECIAL MESSAGE FOR THE SEVEN CARD STUD FIELD. https://archive.today/20230831125918/https://www.wsop.com/news/2013/Jun/4373/KOBE-BRYANT-HAS-A-SPECIAL-MESSAGE-FOR-THE-SEVEN-CARD-STUD-FIELD.html. August 31, 2023. live.