1 Day
Source:
New York Post
Buss Siblings Divided Over Lakers Sale
The Buss family is selling its remaining Lakers ownership shares to new majority co-owners Josh Kushner and Bob Iger, who plan to acquire the franchise at a $12.5 billion valuation. While Jeanie Buss, the Lakers' CEO and Governor, was involved in past agreements, she did not vote to sell the family’s shares, which constitute about 18% of the team. Once the sale is finalized, she will no longer hold the Governor position, as the NBA requires Governors to own at least 15% of the franchise.
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