Los Angeles Lakers Owner Jerry Buss

Los Angeles Lakers Owner Jerry Buss

Armando Arorizo/Bloomberg

Los Angeles Lakers owner Jerry Buss, seen here on May 6, 2008, with Kobe Bryant after Bryant received the NBA's Most Valuable Player award in Los Angeles, has died at age 80. Buss transformed the Lakers into Southern California's most beloved sports franchise after buying the club in 1979. Buss was being treated for cancer at Cedars-Sinai Medical Center in Los Angeles.