Jeanie Buss sells remaining Lakers stake, signaling end of family governance

Jeanie Buss has agreed to sell her remaining 17.8% stake in the Los Angeles Lakers, marking a significant change in ownership. This move follows the sale of a majority stake to Mark Walter last year for $10 billion. The Buss family aims to exit gracefully while still valuing their long-standing connection to the team. Jeanie, the last actively involved Buss sibling, has faced criticism and challenges since her father's passing in 2013. The sale to new owners Josh Kushner and Bob Iger completed an ownership transition that includes Iger's intention to maintain Jeanie's role for the next five years, although she opted to preemptively relinquish control.

• 9:36 PMYahoo Sports — Why Jeanie Buss Ceded Her Role As Lakers’ Governor