Episode Details

The Buss family is quietly exiting the Lakers after 45 years, selling their 17.8% stake to new majority owners Josh Kushner and Bob Iger — a move that ends Jeanie Buss’s era as governor and triggers a seismic shift for one of basketball’s most iconic franchises. Once finalized, the deal will give Kushner and Iger nearly 65% ownership, with the Buss family’s shares pushing total control to 83%. The sale, approved by four of six siblings despite past tensions over rushed votes, marks a graceful but historic departure for a family synonymous with the team since Jerry Buss bought it in 1979. Meanwhile, current majority owner Mark Walter faces federal tax fraud probes, and Kushner must divest his Miami Heat stake before NBA approval — setting the stage for a new chapter in Lakers history.

Listen in comfort:
Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn.

Advertise on DNN:
advertise@thednn.ai

This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.

View sources & latest updates:
https://sources.thednn.ai/7ce59855db5167fb