Skip to content

Lakers owner Jerry Buss passes away at age 80

Feb 18, 2013, 11:14 AM EDT

File photo of Los Angeles Lakers owner Dr. Jerry Buss and US actor Jack Nicholson watching the WBC middleweight championship fight at the Staples Center in Los Angeles

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.

Latest Posts
  1. Likely top-10 pick Dante Exum signs with adidas

    Apr 17, 2014, 7:05 PM EDT

    Essendon Bombers Media Opportunity Getty Images

    Adidas rolls the dice on a young guard with potential. Not a bad business plan.

  2. Kentucky’s James Young, Duke’s Rodney Hood declare for NBA draft

    Apr 17, 2014, 5:57 PM EDT

    NCAA Men's Final Four - Championship Getty Images

    Both are likely first round picks in the teens or early 20s.

  3. The Al Jefferson Effect: Now that the Bobcats are playoff-bound, how they want their big man to help next

    Apr 17, 2014, 4:53 PM EDT

    Steve Clifford, Cody Zeller, Al Jefferson Steve Clifford, Cody Zeller, Al Jefferson

    What affect will Jefferson have on the development of Kemba Walker, Bismack Biyombo, Michael Kidd-Gilchrist and Cody Zeller?

  4. Toronto puts together Drake narrated playoffs preview video

    Apr 17, 2014, 4:50 PM EDT

    Timberwolves Raptors Basketball AP

    Raptors fans are pumped for the playoffs.

  5. Carmelo Anthony: “I want to come back…I also want to win.”

    Apr 17, 2014, 3:15 PM EDT

    Carmelo Anthony AP

    It really comes down to this: Does he trust Phil Jackson and Knicks management to build a winner quickly?

  6. LeBron James, Heat top NBA jersey sales again

    Apr 17, 2014, 2:40 PM EDT

    Brooklyn Nets v Miami Heat Getty Images

    You put your money where your heart is, and your heart clearly follows LeBron James and the Heat.

  7. The incredible thing about Larry Drew

    Apr 17, 2014, 2:11 PM EDT

    Larry Drew Larry Drew

    Bucks didn’t win back-to-back games all season

  8. Kobe tells Lakers’ fans to “flush” last season, has been cleared to run, shoot, prepare for next season

    Apr 17, 2014, 1:33 PM EDT

    Toronto Raptors v Los Angeles Lakers Getty Images

    Kobe may be in France but he still had time to tweet Lakers fans and tell them things will be better next season.

  9. Duke’s Jabari Parker says he will enter NBA Draft

    Apr 17, 2014, 12:55 PM EDT

    Duke v Mercer Getty Images

    He is as high on some boards as No. 1, but likely goes No. 3. However no freshman near the top of this board will have a bigger immediate impact in the NBA — his offensive game is NBA ready.

  10. Report: Rick Adelman will not return as Timberwolves coach

    Apr 17, 2014, 12:10 PM EDT

    Rick Adelman Rick Adelman

    This both has been expected and is mutual, according to the buzz around the league.

  11. Report: Grant Hill not interested in becoming Pistons’ general manager

    Apr 17, 2014, 11:20 AM EDT

    BBVA Compass Rising Stars Challenge 2014 Getty Images

    Hill previously reported to be a candidate for a job

  12. Wednesday NBA grades: Kevin Durant ends season exactly like you think he would

    Apr 17, 2014, 2:10 AM EDT

    Kevin Durant Kevin Durant

    On the season Kevin Durant averaged 32 points, seven rebounds and five assists a game. Not too shabby.

Featured video

Handing out NBA's postseason awards
Top 10 NBA Player Searches
  1. D. Wade (4385)
  2. D. Williams (4321)
  3. K. Love (4304)
  4. L. James (4017)
  5. S. Curry (3846)
  1. G. Dragic (3761)
  2. C. Anthony (3665)
  3. R. Rondo (3509)
  4. D. Howard (3381)
  5. R. Westbrook (3337)