Los Angeles Lakers owner Dr. Jerry Buss is hospitalized, according to multiple sources familiar with the situation. Lakers owner Jerry Buss has been hospitalized with cancer, the Los Angeles Times reported Thursday. Buss has been hospitalized several times in recent years, including a stint last July for dehydration. "Dr. Jerry Buss, thinking about u & wish I could be there, get well soon," former Lakers center Shaquille O'Neal tweeted Thursday. Buss received a star on the Hollywood Walk of Fame in 2006 . A former aerospace engineer and real-estate developer, Buss has been a prominent name in American sports since he bought the Lakers, the NHL's Los Angeles Kings and the Forum from Jack Kent Cooke in 1979. The Lakers will retire O'Neal's No. 34 jersey on April 2.