Report: New Lakers owners could remove Jeanie Buss as governor
Amidst the uncertainty about the Lakers' ownership situation, incoming owners Josh Kushner and Bob Iger could remove Jeanie Buss as governor.
The Los Angeles Lakers are undergoing a significant ownership shift, with majority owner Mark Walter agreeing to sell his stake to Josh Kushner and Bob Iger. This follows the Buss family's decision to sell their remaining 17.8% stake in the franchise. Jeanie Buss, a Buss sibling and the team's governor, has been the sole holdout in the sale, which could lead to her removal from her role.
The new owners, Kushner and Iger, aim to transition away from the Buss family drama as quickly as possible. The sale of Walter's share is valued at $12.5 billion, a record for a United States professional sports team. Kushner is the co-founder of Thrive Capital and Oscar Health, while Iger is a former president and CEO of Walt Disney Company.
The official transfer of ownership from Kushner and Iger to Walter is expected to take several weeks to complete, pending NBA board approval.
Written by urgent.news from Yahoo Sports's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- Buss trying to block siblings' sale of LA Lakers sports.yahoo.com
