Los Angeles Lakers: Jeanie Buss seeks to block sale of family’s 17.8% stake

Los Angeles Lakers: Jeanie Buss seeks to block sale of family's 17.8% stake

Los Angeles Lakers governor Jeanie Buss is fighting her siblings’ plan to sell the family’s remaining 17.8% ownership stake to Josh Kushner and Bob Iger. Her attorney argues that a 2017 court order requires her consent and maintains her position as controlling owner, setting up a high-stakes legal clash. The dispute shatters what had appeared … Read more

Lakers To Be Sold To Bob Iger, Josh Kushner 1 Year After Mark Walter Bought Team

Lakers To Be Sold To Bob Iger, Josh Kushner 1 Year After Mark Walter Bought Team

Just over a year after purchasing the Los Angeles Lakers for a record $10 billion, Mark Walter is selling a controlling stake in the NBA franchise to Josh Kushner and Bob Iger at a $12.5 billion valuation, according to ESPN reporting. The Los Angeles Lakers are changing hands once again in a transaction. Mark Walter, … Read more