Buss Family To Sell Remaining Lakers Stake To Josh Kushner, Bob Iger

The Buss family has agreed to sell its remaining 17.8% stake in the Los Angeles Lakers to incoming majority owners Josh Kushner and Bob Iger. The move will end Jeanie Buss's tenure as team governor, a role she has held since 2013. NBA guidelines require controlling owners to hold at least 15% of a franchise, a threshold Buss will no longer meet once the sale is finalized. The Buss family released a statement addressing the decision. "We have decided as a family to sell the remaining Buss Famil...