Arguably the most successful owner in the history of American professional sports, Los Angeles Lakers owner Dr. Jerry Buss, is being treated for an undisclosed cancer in the intensive care unit at Cedars-Sinai Medical Center, according to various news outlets, including the Los Angeles Times and Radar Online.
The team has not issued an official statement, so all other matters, as they regard Dr. Buss' ongoing health, remain speculative only.
According to one source, various Laker legends including Magic Johnson and Kareem Abdul-Jabbar have made visits.
Buss has owned the Los Angeles Lakers since 1979, and in that time the team has won 10 NBA championships and are one of the top franchises in all of professional sports.
Currently, Dr. Buss' son handles the day-to-day operation of the team, while his daughter handles the team's business matters. She is also engaged to coaching legend and former Lakers coach Phil Jackson.
After earning a degree in chemistry from the University of Wyoming, Dr. Buss earned his PhD in Physical Chemistry from the University of Southern California. After working in the aerospace industry, he began investing in real estate, eventually turning a $1,000 investment into the kind of finances that allowed him to purchase the Lakers, the NHL's Kings, the Great Western Forum and a 13,000 acre ranch north of Los Angeles in 1979 in what was the largest transaction of its kind.
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