Buss Family to Sell Remaining Lakers Stake to Bob Iger and Josh Kushner

The sale will end the family’s nearly five-decade ownership of the NBA franchise August 17, 2026 @ 1:32 PM The Lakers star player Luka Dončić and new co-owner Bob Iger (Credit: Getty Images/Christopher Smith for TheWrap) The Buss family is selling its remaining 17.8% stake in the Los Angeles Lakers to Bob Iger and Josh Kushner, ending the family’s nearly five-decade ownership of the NBA franchise, ESPN’s Shams Charania reported Monday. The Buss Family Trust received the four votes among six siblings needed to exercise a tag-along provision tied to Mark Walter’s sale of his controlling stake. The additional shares would bring Iger and Kushner’s ownership to roughly 83% and mean Jeanie Buss will no longer serve as Lakers governor once the transaction is completed. More to come…