The Buss family is preparing to sell its remaining ownership stake in the Los Angeles Lakers, ending a close to five-decade family connection to the franchise. Multiple outlets report that the sale transfers the Buss family’s minority stake to Josh Kushner and Bob Iger, who are already majority buyers of the team.
The reports describe the stake being sold as 17.8%. Several sources link the transaction to Kushner and Iger’s recent purchase agreement for the Lakers from Mark Walter, though they differ slightly on how they frame the sequence and emphasis. CBS Sports notes Jeanie Buss was previously expected to remain involved as governor under the new ownership group.
For context, the coverage also references Bob Iger’s public appearance around the D23 event, and Deadline highlights the $12.5 billion figure associated with the Lakers purchase. Overall, outlets agree on who is buying, what portion of ownership is being sold, and that the Buss family is exiting its remaining interest.
