Originally posted on Jocks and Stiletto Jill  |  Last updated 2/14/13

HOLLYWOOD - APRIL 10: Publisher Hugh Hefner, Lakers Owner Jerry Buss, Playboy Playmates and a KCAL 9 News reporter pose to celebrate Hefner's 77th birthday April 10, 2003 at the Staples Center, Los Angeles, California. (Photo by David Klein/Getty Images)
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. source
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