Feb 18, 2013, 11:14 AM EST
Lakers owner Jerry Buss has passed away at age 80 after a battle with cancer, NBC News has confirmed. It is a story first broken by Mike Bresnahan of the Los Angeles Times.
Lakers spokesman Bob Steiner confirmed Jerry Buss was 80. His date of birth was Jan. 27, 1933.
It was just a few days ago that news broke of the severity of Buss’ condition.
Buss had been hospitalized for some time with an undisclosed form of cancer, but the news was kept private until recently, when players were reported to be visiting him because it was expected that he was in his final days.
Buss is widely recognized as the most successful franchise owner in NBA history, having purchased the Lakers (along with the Forum and the Kings of the NHL) for $67.5 million back in 1979. Buss later sold the Kings in 1988.
Forbes magazine recently valued the Lakers at more than $1 billion.
The Lakers won 10 NBA championships under Buss’ ownership, and his family remains in control of both the basketball and the business side of the team to this day.
Jim Buss is executive vice president of player personnel, and Jeannie Buss is the team’s executive vice president of business operations. The team will remain majority owned by the Buss family through a complex trust where each of Buss’ six children have a stake.
Nov 23, 2014, 6:30 PM EST
Whiteside has put up big numbers for the Iowa Energy.
Nov 23, 2014, 5:00 PM EST
Henry has missed four games this season.
Nov 23, 2014, 3:30 PM EST
Rose could return Monday.
Nov 23, 2014, 2:01 PM EST
Bargnani was close to a return from his hamstring injury.
Nov 23, 2014, 12:30 PM EST
The Pelicans are now without two starters.
Nov 23, 2014, 11:00 AM EST
Combination of a lower price tag and a more diverse overall skill set may explain why.
Nov 23, 2014, 9:30 AM EST
When he uses his athleticism to get to the rim good things happen.
Nov 23, 2014, 8:00 AM EST
“This is not even the lowest it’s going to get for us.” —LeBron James
Nov 23, 2014, 1:04 AM EST
There was nothing the Utah Jazz could do.
Nov 22, 2014, 11:30 PM EST
Adam Silver has said it should happen, and Cuban agrees.
Nov 22, 2014, 10:00 PM EST
Leonard missed time with an eye infection.
Nov 22, 2014, 8:30 PM EST
Dunleavy says he was just trying to foul to stop the clock. Watch and decide for yourself.
Nov 22, 2014, 7:06 PM EST
With him and starting power forward Terrence Jones out, the Rockets are very thin up front.
Nov 22, 2014, 6:30 PM EST
Detroit is next to last in field goal percentage on the season.
Nov 22, 2014, 5:00 PM EST
Toronto won by 42 points, so this only matters if you had a certain Milwaukee player on your fantasy team.
Nov 22, 2014, 3:30 PM EST
Mike James or Will Bynum could be added to the roster for a short stint.
Nov 22, 2014, 2:00 PM EST
Bledsoe says the Sixers warned him before the game that he would be targeted for his previous comments.
Nov 22, 2014, 12:30 PM EST
X-rays were negative but he is going to miss some time.
Nov 22, 2014, 11:00 AM EST
Both are expected to participate in parts of Saturday’s practice.
Nov 22, 2014, 9:30 AM EST
- LeBron James: “We’re a very fragile team right now” 40
- Dwight Howard out vs. Mavericks Saturday, no timetable for his return 2
- If Derrick Rose not ready to return by Monday Bulls may add point guard to roster 12
- Another day, another Bulls injury: Taj Gibson out with sprained ankle 11
- Report: Kevin Durant, Russell Westbrook could return to Thunder lineup next week 11
- Kobe Bryant says he took large enough discount for Lakers to contend 55
- Report: Jeff Taylor won’t appeal 24-game suspension 2
- Timberwolves’ Kevin Martin out indefinitely after scoring 31 points with fractured wrist 8