Shaquille O'Neal understands why Buss siblings want to sell Lakers

For years, the Los Angeles Lakers have been a preeminent franchise in the world of sports, with Dr. Jerry Buss owning the team for 34 years. His daughter, Jeanie, has been the controlling owner since his passing in 2013, but the team's recent lackluster performance has led to questions about the future of ownership. Recently, five of the six Buss siblings agreed to sell their 17.8% share of the team to Josh Kushner and Bob Iger, while Walter, who purchased his majority stake in 2021, has agreed to the sale as well.

Shaquille O Neal, a former Hall of Fame center who helped lead the Lakers to three straight NBA championships in the early 2000s, spoke about the decision on ESPN's SportsCenter. He expressed admiration for the Buss family and their business acumen, acknowledging that their sale of the team for a record $12.5 billion is a monumental move.

O Neal acknowledged the impact of the Buss family's presence on the team but wished them well and congratulated them on their business decision. The younger Buss sibling is reportedly open to retaining a 15% ownership stake to continue her role as governor, but the remaining Buss sibling is against the sale.