Jerry Buss, who built the National Basketball Association's Lakers into a sports franchise viewed as the gold standard in business and entertainment, died Monday.
Buss passing away has severed impacted the people of Los Angeles as well as the rest of the sports world with arguably the greatest owner in professional sports in this country leaving an incredible legacy behind.
Buss' role with the team has diminished over time while dealing with an 18-month fight with cancer, but has remained instrumental in the team's recent acquisitions of Steve Nash and Dwight Howard.
In 1979, Buss purchased the Lakers and Los Angeles Kings for $67.5 million. The risk-taking owner was able to turn the Lakers franchise into one of the most successful in American team sports leading the team to 10 NBA titles and bringing in Hall of Famer players, future and present, in the form of Magic Johnson, James Worthy, Kobe Bryant, Shaquille O'Neal and Pau Gasol.
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