Nearly a week after Mark Walter sold his majority ownership stake in the Lakers to Bob Iger and Josh Kushner for $12.5 billion, the Buss family has reportedly agreed to sell its remaining 17.8% ownership stake in the team, according to ESPN’s Shams Charania. Lakers governor Jeanie Buss, who assumed the title after her father Jerry died in 2013, is strongly opposed to the sale.
Jerry Buss’s controlling ownership stake was passed on to his six children—Jeanie, Joey, Jesse, Jim, Janie and Johnny—via trust, wherein each child receives an equal vote, though Jeanie assumed the title of governor. According to CNBC’s Alex Sherman, Jeanie’s lawyer Adam Streisand says she has not agreed to sell the team and that any vote suggesting the Buss family is selling "would be and is void."
