Lakers owner Jerry Buss in grave condition


Lakers owner and legend Jerry Buss is said to be in grave condition and dying of cancer. Buss is currently surrounded by friends and family at Cedars-Sinai hospital. Several current and former Lakers players have visited Buss, including Kobe Bryant, Magic Johnson, Shaquille O’Neal and Kareem Abdul-Jabbar.

Dr. Buss has been hospitalized since last year.

In 1979, Buss bought the Lakers from Jack Kent Cooke, along with the Forum, the NHL’s Kings (which he later sold), and a ranch in the Sierra Nevada for a total of $67.5 million.

Most recently, the Lakers secured a lucrative TV deal with Time Warner Cable,  valued at $1 billion by Forbes magazine. Only, the New York Knicks was valued.