The house was saved in the early 1980s through the efforts of
Peter Ueberroth, president of the Los Angeles Olympic Organizing Committee, and his wife, Ginny Ueberroth. Fifty years earlier, Los Angeles businessman, Paul Helms, had begun building a large collection of rare sports memorabilia (part of the
Helms Athletic Foundation) that was displayed over the years at a downtown Los Angeles office building and later at the
Helms Bakery in
Culver City. In 1970, when Helms Bakery went out of business, United Savings & Loan took over sponsorship of the collection, but the bank's successor dropped its sponsorship in 1981. At that time, the collection was moved to a warehouse and plans were made to break up the collection. Peter and Ginny Ueberroth stepped in to keep the collection intact, funding the foundation out of their own pockets until
First Interstate Bank agreed in 1982 to act as the sponsor. Ueberroth and First Interstate acquired the Britt House as a home for the collection. The house had deteriorated and was renovated at a cost of $2 million. In 1984, the Britt House opened to the public as a sports museum in time for the
1984 Summer Olympic Games which opened at the nearby
Los Angeles Memorial Coliseum. The collection displayed at the Britt House had 50,000 items, including a bat used by
Ty Cobb, boxing gloves used by
Jack Dempsey, baseball uniforms of
Babe Ruth and
Lou Gehrig, bronzed track shoes used by
Jesse Owens, size 24 shoes worn by boxer
Primo Carnera, and the World Trophy—a trophy granted to the world's most outstanding amateur athlete starting in 1896. Fitting with the city's hosting of the Olympic games, the collection also included gold, silver and bronze medals dating back to 1896, a collection of Olympic relay torches, and the wreath placed on the head of
Ralph Craig (gold medalist in the 100 and 200 metres) at the
1912 Summer Olympics. ==LA84 Foundation==