Buss family explores selling remaining Lakers stake amid ownership turmoil

Yahoo Sports1 min read • Latest: Aug 19, 2026, 3:37 PM

Last updated Aug 19, 2026

Buss family explores selling remaining Lakers stake amid ownership turmoil
Summary

The Buss family announced plans to sell their remaining 17.8% stake in the Los Angeles Lakers. This decision follows ongoing internal family disputes and recent ownership changes involving Josh Kushner and Bob Iger. Jeanie Buss, the controlling owner, is opposed to the sale despite the majority of her siblings voting to proceed. A series of emergency meetings among the siblings preceded the announcement, indicating the complexities of the family's ownership dynamics and trust agreements. The situation remains fluid and may lead to further developments regarding the future ownership structure of the team.

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By the Numbers
  • Buss family plans to sell 17.8% stake in the Lakers.
  • Jeanie Buss opposes the sale, citing prior court orders.
  • Siblings reportedly held an emergency meeting before the announcement.
  • Ownership turmoil follows a recent acquisition by Kushner and Iger.
  • The family's internal conflicts could impact team management.
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