David Wharton of the Los Angeles Times reports Buss passed away due to an "undisclosed form" of cancer.
For the Lakers, Buss was more than just a cash-laden figurehead; he was a pioneer. Upon purchasing the team in 1979, he completely rewrote the rule book on running a franchise and winning championships.
He took financial risks few would have considered making, assembled convocations of an unbeatable magnitude and changed the landscape of what it took to win in the NBA altogether.
Behind him, he has left a legacy, both as a captivating patriarch and humble human being. It's this very legacy that ensures he will never be forgotten.
Buss may be gone, but his impact on the Lakers, on this fine game of basketball, is everlasting.