Jeanie Buss Learned Of Mark Walter's Lakers Sale Hours Before It Became Public

Jeanie Buss Learned Of Mark Walter's Lakers Sale Hours Before It Became Public

Jeanie Buss was stunned to learn that Mark Walter had agreed to sell his Los Angeles Lakers shares to Bob Iger and Josh Kushner, sources close to her told ESPN. Buss found out only hours before the $12.5 billion deal was reported Aug. 12. Buss had personally selected Walter as her successor. In 2021, she encouraged him to buy Philip Anschutz's shares, which gave him the first right of refusal on the Buss family's controlling stake. She chose Walter based on how he ran the Los Angeles Dodgers a...

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