Buss family sells remaining stake in Lakers to Kushner and Iger

The deal would bring Kushner and Iger’s combined ownership of the Lakers, which they recently agreed to purchase, up to roughly 83%.

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 …

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.

The sale will end the family’s nearly five-decade ownership of the NBA franchise

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.

The Buss family agreed to sell its remaining 17.8% stake in the Lakers to new majority owners Joshua Kushner and Robert Iger.