Sport: College Sports Country: United States Category: General

Buss family sells stake in Lakers, ending Jeanie Buss's tenure

6 sources • 1 min read • Latest: Aug 18, 2026, 5:13 AM

Last updated Aug 18, 2026

Buss family sells stake in Lakers, ending Jeanie Buss's tenure

Summary

The Buss family has sold its remaining ownership stake in the Los Angeles Lakers, meaning Jeanie Buss will no longer serve as governor of the team. This decision marks a significant change in the franchise's leadership. The details surrounding the sale and future ownership plans have not yet been disclosed. Fans and analysts alike will be watching to see how this impacts the team's direction moving forward.

Source Links

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What We Know

•Buss family sells all ownership stake in Lakers
•Jeanie Buss exits as team governor
•Details of sale not disclosed
•Implications for franchise direction unclear

Latest Updates

5:13 AMESPN — Jeanie Buss contesting family's sale of stake in Lakers - ABC7 Los Angeles
9:26 PMYahoo Sports — Buss family reportedly to sell remaining shares of Lakers to new owners
8:19 PMCBS NBA — Buss family sells Lakers stake, ending an era for one of NBA's marquee franchises

What they're saying

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The Buss family has decided to sell its remaining ownership stake in the Lakers, meaning Jeanie Buss will no longer remain governor of the team.
— ESPNby Shams Charania