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1d ago
Buss siblings turn on Jeanie in dramatic twist as family sells Lakers for $12.5B
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The Buss family is selling its remaining ownership shares in the Los Angeles Lakers to new majority co-owners Josh Kushner and Bob Iger, who have an agreement with Mark Walter to buy the franchise for a historic valuation of $12.5 billion.When Walter purchased the majority ownership of the Lakers from the Buss family last year at a valuation of $10 billion, the league announced that Buss would remain the team’s Governor for a period of at least five years.Iger told the California Post last week
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