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Buss family to sell Lakers stake to Kushner and Iger
The Buss family has decided to sell its remaining 17.8% ownership stake in the Los Angeles Lakers to new majority owners, Bob Iger and Josh Kushner, completing a transaction valued at $12.5 billion. Once the sale is finalized, Jeanie Buss will no longer be the Lakers’ governor. The sale follows a previous deal where Mark Walter sold his majority stake to Iger and Kushner, amid ongoing legal investigations involving Walter. The agreement increases Kushner and Iger's control of the Lakers to approximately 83%.
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