FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Watson Mathew

2. Date of Event Requiring Statement (MM/DD/YYYY)
4/10/2015 

3. Issuer Name and Ticker or Trading Symbol

BEST BUY CO INC [BBY]

(Last)        (First)        (Middle)

7601 PENN AVENUE S.

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            _____ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
VP, Finance - Contr. & CAO /

(Street)

RICHFIELD, MN 55423       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock   14562.0000   (1) D    
Common Stock   644.3190   (2) I   401(k)  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy)   2/1/2012   (3) 1/31/2022   Common Stock   538.0000   $24.1800   D    
Stock Option (Right to Buy)   8/18/2014   (4) 8/17/2024   Common Stock   6956.0000   $29.9100   D    
Stock Option (Right to Buy)   6/23/2009   (3) 6/22/2019   Common Stock   1526.0000   $32.9800   D    
Stock Option (Right to Buy)   1/12/2011   (3) 1/11/2021   Common Stock   861.0000   $35.6700   D    
Stock Option (Right to Buy)   9/17/2009   (3) 9/16/2019   Common Stock   763.0000   $37.5900   D    
Stock Option (Right to Buy)   9/20/2010   (3) 9/19/2020   Common Stock   861.0000   $38.3200   D    
Stock Option (Right to Buy)   1/13/2010   (3) 1/12/2020   Common Stock   763.0000   $39.7300   D    
Stock Option (Right to Buy)   12/1/2013   (4) 11/30/2023   Common Stock   2430.0000   $40.5500   D    
Stock Option (Right to Buy)   3/12/2015   (4) 3/11/2025   Common Stock   5805.0000   $40.8500   D    
Stock Option (Right to Buy)   8/5/2008   (3) 8/4/2018   Common Stock   2700.0000   $41.1900   D    
Stock Option (Right to Buy)   4/7/2010   (3) 4/6/2020   Common Stock   763.0000   $44.2000   D    
Stock Option (Right to Buy)   10/18/2007   (3) 10/17/2017   Common Stock   2525.0000   $47.8400   D    
Stock Option (Right to Buy)   10/23/2006   (3) 10/22/2016   Common Stock   1600.0000   $55.4600   D    

Explanation of Responses:
( 1)  The amount in Column 2 includes 2,142 shares and 12,420 unvested shares of restricted stock subject to time-based vesting schedules which vary depending on the terms and grant dates of the individual grants.
( 2)  This number reflects a periodic acquisition of shares under the employee retirement savings account (401(k)) exempt from reporting under Rule 16b-3(c). Total is based on a plan statement as of April 10, 2015.
( 3)  The date indicated is the grant date and the options vest in four equal annual installments beginning one year from such date.
( 4)  The date indicated is the grant date and the options vest in three equal annual installments beginning one year from such date.

Remarks:
watsonpoa.txt

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Watson Mathew
7601 PENN AVENUE S.
RICHFIELD, MN 55423


VP, Finance - Contr. & CAO

Signatures
/s/ Hannah G. Olson, Attorney-in-fact 4/20/2015
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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