Who was LA Lakers owner Jack Kent Cooke as new TV series airs? The Talks Today

Publish date: 2024-05-02

Winning Time focuses on the dominant LA Lakers NBA aspect of the Eighties, however who was former owner Jack Kent Cooke? When did he promote the Lakers – and which different sports activities was he concerned in?

The first episode of HBO’s sports activities documentary Winning Time: The Rise of the Lakers Dynasty has aired, having a look again on the LA Lakers and their dominance of the NBA within the Eighties.

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More of a TV series than The Last Dance which featured interviews and archive footage, Winning Time options the likes of Magic Johnson and Kareem Abdul-Jabbar as properly as off courtroom figures such crew owner Jerry Buss.

One Lakers determine to function within the present is Jack Kent Cooke.

Who was the previous owner of the Lakers – and why was he compelled to promote as much as Jerry Buss in 1979?

Photo by Focus on Sport/Getty Images

Jack Kent Cooke Lakers owner

In 1965, the Lakers have been bought to Jack Kent Cooke by incumbent owner Bob Short.

He paid about $5 million for the franchise – which is round $41 million in 2022 phrases.

Cooke was born in Ontario, Canada and had made his cash in enterprise and the media.

His first steps into sports activities possession got here with a minor baseball crew within the early Nineteen Fifties in Canada.

He would go onto personal groups within the NFL, NBA, and the NHL.

As properly as the LA Lakers – the place he claimed 1972 championship success – Jack Kent Cooke was additionally owner when the Washington Redskins claimed victory in Super Bowl 3 times within the Eighties.

Now the Washington Commanders, the crew’s residence stadium was initially known as Jack Kent Cooke Stadium earlier than the re-name.

He was additionally founder and owner of the Los Angeles Kings within the NHL -although they didn’t declare success in his tenure.

Photo by Doug Pensinger/Getty Images

Why did he promote the Lakers?

In 1979, after 15 years of being the owner, Jack Kent Cooke was compelled into promoting the LA Lakers.

The interval is simply earlier than the Lakers heyday of the Eighties – which the Winning Time series focuses on.

Not solely did Cooke promote the Lakers, he additionally parted with the Kings to Jerry Buss (beneath) for round $67 million in whole.

In in the present day’s cash, that about $259 million.

Jack Kent Cooke was compelled to promote the Lakers to new owner Buss as a result of a expensive divorce.

He and spouse of 45 years Barbara cut up.

She was awarded $45 million in settlement – that means Cooke needed to increase funds to offer it.

The solely method he may do that was by promoting a few of his huge portfolio, which included the Lakers.

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