12 Hrs
Source:
The New York Times
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Buss family plans to sell Lakers shares
The Buss family plans to sell its remaining shares of the Los Angeles Lakers, which would end nearly 50 years of family ownership and remove Jeanie Buss from her role as team governor. The sale, valued at $12.5 billion, follows an agreement with new owners, including Bob Iger and Josh Kushner, and requires approval from the Buss family trust. If completed, league rules will prevent Jeanie Buss from maintaining her governance position.
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