{
  "id": 1565119,
  "title": "Buss family will sell minority ownership stake in Lakers to Kushner and Iger, reports say",
  "url": "https://urgent.news/2026/08/17/buss-family-will-sell-minority-ownership-stake-in-lakers-to-kushner",
  "topic": "culture",
  "section": "Culture",
  "published": "2026-08-17T20:53:02.000Z",
  "source": {
    "name": "Associated Press",
    "slug": "associated-press",
    "url": "https://apnews.com/article/lakers-buss-sale-8ff70d314cfebcb8ca6b2cc7ac3754f6"
  },
  "original_language": "en",
  "account": "The Buss family of the Los Angeles Lakers has decided to sell its 17.8% minority ownership stake in the team to new majority owners Josh Kushner and Bob Iger, according to reports from ESPN and The Athletic. This marks the end of the Buss family's 47-year involvement with the 17-time NBA champion franchise. The decision comes after the family rejected a previous offer led by Dodgers owner Mark Walter, who sold the team to Kushner and Iger at a valuation of $12.5 billion - a record for a pro sports team. Jeanie Buss, the Lakers' governor since her father Jerry Buss' death in 2013, led the initial decision to sell the controlling stake last year. Despite not all siblings agreeing with the deal, Joey and Jesse were removed from their roles in the Lakers' front office last November. The family's decision to sell appears to also signal an end to Jeanie Buss' tenure as the team's governor.",
  "summary": "LOS ANGELES (AP) — The Buss family has voted to sell its 17.8% minority ownership of the Los Angeles Lakers to new majority owners Josh Kushner and Bob Iger, ESPN and The Athletic are reporting.…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}