Jerry Buss, the longtime owner of the Los Angeles Lakers, passed away early Monday morning.
The owner of one of the world’s most valuable and most recognizable franchises had been hospitalized for months while dealing with the treatment of an undisclosed form of cancer.
His son, Jim, had already taken over the day-to-day basketball operations, while his daughter, Jeanie, has been running the business side of the franchise for quite some time.
It is a sad day for all involved with the Lakers organization. Buss helped the team not only win numerous championships, but also helped to make sure that the city never had to suffer through a rock-bottom rebuilding period, constantly bringing in the type of talent that would allow the Lakers to compete, year in and year out.
Lakers owner Jerry Buss passed away this morning. A sad day for L.A.
— Mike Bresnahan (@Mike_Bresnahan) February 18, 2013
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