Josh Kushner and Bob Iger near purchase of Lakers stake

Josh Kushner and Bob Iger are close to finalizing the purchase of Mark Walter's majority stake in the Los Angeles Lakers. Following an agreement in August, Iger and Kushner are expected to gain control of the franchise after a vote by the NBA's board of governors in November. Jeanie Buss, the team's governor, remains in a legal dispute with her siblings over their minority shares, which they have agreed to sell to the prospective owners. The NBA board did not hold a vote on this sale during its September meeting, despite earlier expectations that the ownership transition could occur sooner.

• 3:57 AMYahoo Sports — Sale of Lakers to Josh Kushner, Bob Iger could officially happen soon