The Buss family has relinquished its ownership stake in the Los Angeles Lakers, marking the conclusion of a significant chapter in the history of one of professional basketball’s most storied franchises. The sale represents a major transition for the organization, which has been under family control for decades.
Jeanie Buss, who had been expected to maintain her role as the team’s governor following the ownership change, will no longer hold that position. The shift in leadership comes as new ownership takes control of the franchise, with Josh Kushner and Bob Iger among those involved in the transaction.
The Lakers organization enters a new era with fresh ownership and management structure in place. The transaction underscores evolving dynamics within professional sports franchises and reflects broader changes in how major NBA teams are being operated at the highest levels.
Originally reported by Cbssports →
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