Feb 18, 2013, 11:14 AM EDT
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.
Apr 17, 2014, 8:34 PM EDT
All would make strong hires
Apr 17, 2014, 7:05 PM EDT
Adidas rolls the dice on a young guard with potential. Not a bad business plan.
Apr 17, 2014, 5:57 PM EDT
Both are likely first round picks in the teens or early 20s.
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Apr 17, 2014, 4:53 PM EDT
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Apr 17, 2014, 4:50 PM EDT
Raptors fans are pumped for the playoffs.
Apr 17, 2014, 4:00 PM EDT
Can you blame them?
Apr 17, 2014, 3:59 PM EDT
Ballots show a tight race
Apr 17, 2014, 3:15 PM EDT
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Apr 17, 2014, 2:40 PM EDT
You put your money where your heart is, and your heart clearly follows LeBron James and the Heat.
Apr 17, 2014, 2:11 PM EDT
Bucks didn’t win back-to-back games all season
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Apr 17, 2014, 1:33 PM EDT
Kobe may be in France but he still had time to tweet Lakers fans and tell them things will be better next season.
Apr 17, 2014, 12:55 PM EDT
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.
Apr 17, 2014, 12:10 PM EDT
This both has been expected and is mutual, according to the buzz around the league.
Apr 17, 2014, 11:20 AM EDT
Hill previously reported to be a candidate for a job
Apr 17, 2014, 10:44 AM EDT
Pistons forward: ‘I’ve censored myself’
Apr 17, 2014, 10:11 AM EDT
Get ready for an intense playoff series
Apr 17, 2014, 9:40 AM EDT
Irving talks as if he wants to stay in Cleveland
Apr 17, 2014, 8:44 AM EDT
Clear out your calendar.
Apr 17, 2014, 8:00 AM EDT
Tight 1-2 race
Apr 17, 2014, 2:10 AM EDT
On the season Kevin Durant averaged 32 points, seven rebounds and five assists a game. Not too shabby.
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