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Ownership of the Lakers is now in a trust controlled by Buss' six children, who all have worked for the Lakers in various capacities for several years. With 1,786 victories, the Lakers easily are the NBA's winningest franchise since he bought the club, which is now run largely by Jim Buss and Jeanie Buss.
Jerry Buss' vision of Showtime was inspired by the nightclub The Horn. Lakers owner Jack Kent Cooke in 1979 was in the process of selling the team to Jerry Buss. Possessing the first overall pick in the upcoming 1979 NBA Draft, the Lakers narrowed their choice to either Magic Johnson or Sidney Moncrief.