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League: NBASport: BasketballCountry: United StatesCategory: Scores & Results

NBA ownership transfer awaits approval from Board of Governors

Yahoo Sports • 1 min read • Latest: Aug 21, 2026, 11:36 AM

Last updated Aug 21, 2026

NBA ownership transfer awaits approval from Board of Governors
Summary

The potential sale of the Los Angeles Lakers will require approval from the NBA’s Board of Governors. If approved, Jeanie Buss aims to retain a minimum of 15 percent ownership in the team. Legal experts suggest that having majority owners with the necessary control and responsibility is essential for league governance. The resolution of this ownership situation could clarify future governance roles for the Buss family and the new ownership group.

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Yahoo Sports
By the Numbers
  • •Lakers’ sale requires NBA Board of Governors approval.
  • •Jeanie Buss aims to keep at least 15% ownership.
  • •Legal experts emphasize importance of strong majority ownership.
  • •Potential conflicts identified between majority and minority owners.
  • •Resolution may influence future governance of the Lakers.
Latest Updates
  • 11:36 AMYahoo Sports — “I would imagine, without knowing for sure, that (the …
What they're saying
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“I would imagine, without knowing for sure, that (the …

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Los Angeles LakersNBABasketball

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