Shaquille O'Neal comments on Buss siblings' decision to sell Lakers stake

Yahoo Sports1 min read • Latest: Aug 21, 2026, 12:36 AM

Last updated Aug 21, 2026

Shaquille O'Neal comments on Buss siblings' decision to sell Lakers stake
Summary

Shaquille O'Neal expressed understanding regarding five of the six Buss siblings' choice to sell their 17.8% stake in the Los Angeles Lakers. The move follows majority owner Mark Walter's recent agreement to sell his share to Josh Kushner and Bob Iger. O'Neal noted that the sale appears to be a strong business decision, referencing the significant increase in valuation since the team's original purchase by Dr. Jerry Buss in 1979. Jeanie Buss, the only sibling opposed to the sale, is reportedly exploring ways to retain a 15% ownership stake while maintaining her role as governor until at least 2030.

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By the Numbers
  • Five Buss siblings plan to sell their 17.8% Lakers stake
  • Mark Walter agreed to sell his majority share for $12.5 billion
  • Shaquille O'Neal supports the decision from a business perspective
  • Jeanie Buss seeks to retain at least a 15% stake
  • Buss family has been involved with the Lakers since 1979
Latest Updates
  • 12:36 AMYahoo SportsShaquille O'Neal understands why Buss siblings want to sell Lakers
What they're saying
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Lakers great Shaquille O'Neal said he understands the reason five of the six Buss siblings want to sell their stake in the franchise.

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