Longtime Lakers owner Jerry Buss, the man who presided over the most successful tenure of an NBA franchise post ABA merger has died. He was 80. Buss was the figurehead of the Los Angeles Lakers and since assuming ownership from Jack Kent Cooke for $67.5 million, the Lakers won 10 NBA titles, rebranded Los Angeles as a “Lakers” town and upped their net worth to over $1 billion.

His assistant Bob Steiner said he passed from kidney failure.