Lakers Sold to Iger and Kushner | Los Angeles News

The Lakers are officially changing hands as the Buss family sells their final 18% stake to Bob Iger and Joshua Kushner in a $12.5 billion deal, marking the end of nearly 50 years of family ownership. With Mark Walter already owning the majority, this move completes the transition — and ends Jeanie Buss’s role as governor, since she’ll no longer hold a 15% stake. Iger respects her five-year extension agreement, but the era of Buss leadership is over. A new chapter begins with Iger and Kushner at the helm. 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/c7213fb98b20a5e1 Presented by The Plant Daddies — rare specimen trees, living art, and hand-carved limestone vessels and fountains for extraordinary spaces. Showrooms in Los Angeles and Irvine. Listeners of Los Angeles News Today receive 10% off with code LANEWS10. theplantdaddies.com/lanews