The Buss family is selling their remaining ownership shares in the Los Angeles Lakers to majority co-owners Josh Kushner and Bob Iger. The sale is part of an agreement with Mark Walter, who is purchasing the franchise for a valuation of $12.5 billion. Walter had previously acquired majority ownership of the Lakers from the Buss family last year.
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Buss family sells remaining ownership shares in Lakers
The Buss family has announced the sale of their remaining ownership shares in the Los Angeles Lakers to Josh Kushner and Bob Iger. The franchise is being sold for a historic valuation of $12.5 billion, following Walter's previous acquisition of majority ownership from the Buss family.
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Los Angeles Lakers
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Josh Kushner
Bob Iger
Mark Walter
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Original Headline
Buss siblings turn on Jeanie in family’s sale of Lakers
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Buss family sells remaining ownership shares in Lakers