Los Angeles Lakers owner Jerry Buss was announced dead this morning. While being the owner he won 10 NBA titles. He died early Monday while he was fighting cancer. He was 80.
In 1979, Buss made history when he purchased the Lakers, the L.A. Kings and The Forum for $67.5 million — at that time, the largest transaction in sports.
Buss reportedly had been hospitalized several times in the past two years. The Lakers confirmed he was in the hospital in December 2011 for blood clots in his leg, which they said was caused by excessive travel.
He has not attended a game this season.
Buss graduated from USC, where he received a doctorate in physical chemistry. He was born in Salt Lake City and attended the University of Wyoming as an undergraduate.
Buss was born on Jan. 27, 1933 as Gerald Hatten Buss. He made his money in real estate, starting with a $1,000 investment in a Los Angeles-area apartment building. At one point in his life, he owned Pickfair Mansion in Beverly Hills, a famous estate once owned by actress Mary Pickford. (Via ESPN)
Image from: TMZ. Majority of this article was from ESPN. No copyright intended.