On March 22, 1996, Hazzard was hospitalized following a stroke. Although he made a substantial recovery over the ensuing years, his health never returned in full and subsequent to his illness he was much less active in the public sphere. Shortly after the stroke, Lakers owner Jerry Buss promised Hazzard's family that he would remain on the team's payroll as long as Buss owned the team; Hazzard remained a Lakers employee for the rest of his life. By the middle of 2011, his health had deteriorated significantly and he was hospitalized in intensive care. He was 69. Walt Hazzard is interred at Rose Hills Memorial Park in Los Angeles.