Lakers employees express uncertainty amid pending team ownership change
Yahoo Sports • 1 min read • Latest: Sep 1, 2026, 1:18 AM
Last updated Sep 1, 2026

Los Angeles Lakers staff are facing internal instability as the franchise navigates a transition between ownership groups. Mark Walter previously sold the team to Bob Iger and Josh Kushner for $12.5 billion, though the club currently remains under the control of Walter and the Buss Family Trust. While the new buyers are in the due diligence phase of the purchase, Jeanie Buss has filed a motion to contest a vote by her siblings to sell their shares. Employees are divided on the transition, with some expressing dissatisfaction over the previous focus on analytics and the prior trend of layoffs. Despite this, other staff members remain optimistic about the new direction under Iger and Kushner. Lon Rosen is expected to continue serving as President of Business Operations throughout the transition period.
- •Mark Walter sold the team to Bob Iger and Josh Kushner for $12.5 billion.
- •Jeanie Buss is contesting a vote by her siblings to sell their remaining shares.
- •The team is currently still operated by the Buss Family Trust and Mark Walter.
- •Lon Rosen is slated to remain in his role as President of Business Operations.
- •The sale is currently in the due diligence phase of the acquisition process.
- 1:18 AMYahoo Sports — Lakers Employees Anxious For New Ownership Group, Some Believe Mark Walter’s Style Generated Friction
"The Lakers employees seem divided over the new team ownership group; some suggest lack of confidence in old management style.
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