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Buss family agrees to sell remaining Lakers ownership stake to Josh Kushner, Bob Iger group

Buss family agrees to sell remaining Lakers ownership stake to Josh Kushner, Bob Iger group

Less than one week after Mark Walter shockingly sold the Los Angeles Lakers to Bob Iger and Josh Kushner, the Buss family is now relinquishing its own shares to the new majority owners. The Buss family decided to sell the remaining 17.8% ownership stake in the iconic NBA franchise to Kushner and Iger, ESPN reported Monday. The family’s trust, which includes siblings Jeanie, Jim, Johnny, Janie, Joey and Jesse, "received majority votes to allow trustees to execute the sale." The vote required four of six to agree to sell to "enact the tag-along provision of Mark Walter’s sale to Kushner and Iger...

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