Buss family sells remaining stake in Lakers to Kushner and Iger
10 sources • 2 min read • Latest: Aug 17, 2026, 10:47 PM
Last updated Aug 17, 2026
The Buss family has finalized the sale of its 17.8% stake in the Los Angeles Lakers to the majority owners Joshua Kushner and Robert Iger on August 17, 2026. The family cited a desire to exit gracefully while still able to support the team and its fans. This transaction follows Kushner and Iger's previous purchase agreement for the franchise, valued at a record $12.5 billion. The Buss family has indicated their continued support for the Lakers moving forward.
- •Buss family sells 17.8% stake in Lakers to Kushner and Iger.
- •Sale concluded on August 17, 2026.
- •Previous acquisition valued at $12.5 billion.
- •Buss family emphasizes support for the Lakers will continue.
- •Transaction marks complete exit of Buss family from ownership.
- 10:47 PMYahoo Sports — Buss Family Decides to Sell Remaining Lakers Shares in Stunning Move
- 10:07 PMYahoo Sports — Buss siblings turn on Jeanie in family’s sale of Lakers
- 9:44 PMYahoo Sports — Buss Family Selling Lakers Stake Following Walter’s Departure
- 9:09 PMYahoo Sports — Why Buss family is selling remaining stake in Lakers, bringing end to 57-year era in L.A.
- 9:05 PMYahoo Sports — Lakers Sale: Buss Family Plans To Sell Remaining Stake To Josh Kushner, Bob Iger
- 8:56 PMYahoo Sports — Showtime! Buss Family Sells Remaining Lakers Stake To Bob Iger & Josh Kushner
- 8:46 PMYahoo Sports — Buss family will sell minority ownership stake in Lakers to Kushner and Iger, reports say
- 8:32 PMYahoo Sports — Buss Family to Sell Remaining Lakers Stake to Bob Iger and Josh Kushner
"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. The decision Monday by the six children of late owner Jerry Buss will end the family's 47 years in an ownership role with the 17-time NBA champion franchise. The move also appears to end Jeanie Buss' tenure as the Lakers' governor.
"Bob Iger was feted like a Disney Prince at D23 this past weekend, but the ex-CEO real starturn looks to be scoring an even greater stake in the L.A. Lakers today. With longtime owners the Buss family voting to tag along with Iger and Josh Kushner’s $12.5 billion purchase last week of the NBA team …
"Longtime Los Angeles Lakers owners the Buss family are selling their remaining stake in the team amid Mark Walter's sale of his majority stake. The post Buss Family Selling Lakers Stake Following Walter’s Departure appeared first on LA Sports Report.
Sources
External links- Yahoo SportsAug 17, 2026, 10:47 PMBuss Family Decides to Sell Remaining Lakers Shares in Stunning Move
Mark Walter sold his majority share of the Lakers to Bob Iger and Josh Kushner. Now, the Buss family has decided to do the same. The post Buss Family Decides to Sell Remaining Lakers Shares in Stunning Move appeared first on HEAVY.
- Yahoo SportsAug 17, 2026, 10:07 PMBuss siblings turn on Jeanie in family’s sale of Lakers
The Buss family is selling their remaining ownership shares in the Lakers to new majority co-owners Josh Kushner and Bob Iger, who have an agreement with Mark Walter to buy...
- Yahoo SportsAug 17, 2026, 9:44 PMBuss Family Selling Lakers Stake Following Walter’s Departure
Longtime Los Angeles Lakers owners the Buss family are selling their remaining stake in the team amid Mark Walter's sale of his majority stake. The post Buss Family Selling Lakers Stake Following Walter’s Departure appeared first on LA Sports Report.
- Yahoo SportsAug 17, 2026, 9:09 PMWhy Buss family is selling remaining stake in Lakers, bringing end to 57-year era in L.A.
The Buss family sold its remaining 17.8% ownership stake to new owners Bob Iger and Joshua Kushner on Monday.
- Yahoo SportsAug 17, 2026, 9:05 PMLakers Sale: Buss Family Plans To Sell Remaining Stake To Josh Kushner, Bob Iger
The deal would bring Kushner and Iger’s combined ownership of the Lakers, which they recently agreed to purchase, up to roughly 83%.
- Yahoo SportsAug 17, 2026, 8:56 PMShowtime! Buss Family Sells Remaining Lakers Stake To Bob Iger & Josh Kushner
Bob Iger was feted like a Disney Prince at D23 this past weekend, but the ex-CEO real starturn looks to be scoring an even greater stake in the L.A. Lakers today. With longtime owners the Buss family voting to tag along with Iger and Josh Kushner’s $12.5 billion purchase last week of the NBA team …
- Yahoo SportsAug 17, 2026, 8:46 PMBuss family will sell minority ownership stake in Lakers to Kushner and Iger, reports say
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. The decision Monday by the six children of late owner Jerry Buss will end the family's 47 years in an ownership role with the 17-time NBA champion franchise. The move also appears to end Jeanie Buss' tenure as the Lakers' governor.
- Yahoo SportsAug 17, 2026, 8:32 PMBuss 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
- Yahoo SportsAug 17, 2026, 8:22 PMBuss family selling Lakers ownership stake to Bob Iger and Joshua Kushner
The Buss family is selling its 17.8% ownership stake in the Lakers to new owners Bob Iger and Joshua Kushner in the wake of them purchasing the team from Mark Walter.
- Yahoo SportsAug 17, 2026, 8:16 PMBuss family will sell remaining stake in Los Angeles Lakers
The Buss family agreed to sell its remaining 17.8% stake in the Lakers to new majority owners Joshua Kushner and Robert Iger.
Original reporting and copyright belong to the linked sources. SportsNewsReport.com aggregates and links — it does not republish full articles.
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