The Buss family’s nearly five-decade run as owners of the Los Angeles Lakers is officially coming to an end. According to ESPN, the Buss family has agreed to sell its remaining 17.8% ownership stake in the franchise to new majority owners Josh Kushner and Bob Iger. The transaction follows a vote by the Buss Family Trust, with siblings Jeanie, Jim, Johnny, Janie, Joey, and Jesse Buss approving the sale after receiving the four votes required to trigger the tag-along provision tied to Mark Walter’s previous sale. The deal values the…
Read MoreBuss Family Sells Remaining Lakers Stake, Ending Historic Era of Ownership
