Buss Family Ends Lakers Ownership Era | Chicago News

The Buss family is exiting the Lakers after 47 years, selling their remaining stake to a group led by Josh Kushner and Bob Iger — marking the end of Jeanie Buss’s tenure as governor. This follows last year’s sale of controlling interest to Mark Walter’s group for $10 billion. While the family says they’ll always support the team, internal sibling disputes since Jerry Buss’s 2013 death made this exit inevitable. The deal still needs NBA approval, which could be tricky since Jeanie would fall below the 15% ownership threshold governors require. From Jerry’s $67.5M 1979 purchase to the “Showtime” dynasty and later Kobe and LeBron glory, the Buss legacy has shaped NBA history — now it’s time to pass the torch. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ea76003a78d8447e