Jeanie Buss secures five more years as Lakers governor under new agreement

Jeanie Buss will continue serving as the Lakers team governor for an additional five years following a legal filing in California. This agreement, revealed amid a dispute with her siblings, allows Buss to oversee day-to-day operations contingent upon her maintaining at least a 15% stake in the team. After five years, she can serve as alternate governor as long as her stake remains above 5%. The specifics of this arrangement have emerged as part of the fallout from the recent sale of a controlling stake in the team to Joshua Kushner and Bob Iger, prompted by ongoing investigations into Mark Walter's business practices. The impact of this side deal on the upcoming ownership changes remains unclear.

• 8:55 PMYahoo Sports — Filing Details Jeanie Buss’s Side Deal to Remain Lakers Governor