Buss Family Sells Lakers Stake | Los Angeles Lakers News

The Buss family is offloading their entire 17.8% stake in the Lakers, ending a 47-year dynasty and marking Jeanie Buss’s exit as governor — a move that shocks fans after Bob Iger recently pledged to honor her role through 2030. Valued at $2.2 billion, the sale hands Josh Kushner and Bob Iger majority control (83%) of the team, despite Iger’s prior commitment to preserving Jeanie’s position. The decision came swiftly: after a family meeting to consider a four-year lock-up, the trust voted to sell within days. NBA approval is pending for mid-September, with Kushner needing to divest his Miami Heat stake first. Though the roster stays intact, the future leadership of the Lakers — especially Jeanie’s role — hangs in the balance, while the Buss era leaves behind 11 championships and an indelible legacy. 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/fa6b4a8845d2d84b