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Lakers owner Jerry Buss hospitalized

Los Angeles Lakers v Regal FC Barcelona

BARCELONA, SPAIN - OCTOBER 07: Owner Jerry Buss (2ndR) of the Los Angeles Lakers watches the game during the NBA Europe Live match between Los Angeles Lakers and Regal FC Barcelona at the at Palau Blaugrana on October 7, 2010 in Barcelona, Spain. (Photo by David Ramos/Getty Images)

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Lakers owner Jerry Buss has been hospitalized due to blood clots in his legs, reports the Orange County Register.

It is not considered serious and Buss, 77, is expected to be released in the next couple days, reports the Orange County Register.

“He’s doing well,” (Lakers spokesman John) Black said Wednesday evening.

Black said the condition occurred because of “excessive travel.” Buss has been going to New York recently for NBA lockout negotiations, but Black did not elaborate on where else Buss has traveled.

Buss has owned the Lakers since 1979, when he bought the team for $67 million (that price included the Forum arena, the NHL’s Kings and a ranch). Buss has been an inovator in presenting the game as entertainment, including having a dance team and using rock music in the arena. The Lakers also have won 10 championships under his ownership.

In recent years the elder Buss has turned day-to-day operation of the team over to his children. Jim Buss runs the basketball side of the operation while daugher Jeanie Buss runs the business side. His other children also are involved in the organization.