The Buss family is preparing to sell its remaining ownership stake in the Los Angeles Lakers to new majority owners Josh Kushner and Bob Iger, ending the family’s nearly five-decade connection to the franchise. Multiple outlets report the family’s stake being sold is 17.8%, described as a minority portion of the team’s ownership.
The sale follows Kushner and Iger’s recent agreement to buy the Lakers from Mark Walter. Some reports tie the timing to widely covered public appearances by Iger, while others focus on what the change means for the Buss family’s role. CBS Sports adds that Jeanie Buss had been expected to remain with the team as governor under the new ownership structure, though the extent of any ongoing involvement is not detailed in all accounts.
Outlets also describe the impact on overall ownership percentages. Forbes reports the agreement would raise Kushner and Iger’s combined ownership to roughly 83%. Across sources, the core points are consistent: the Buss family is voting/arranging to sell, Kushner and Iger are the buyers, and the transaction completes the transition of control after the earlier Walter sale.
