{"id":2098003,"date":"2026-08-17T19:39:40","date_gmt":"2026-08-17T16:39:40","guid":{"rendered":"https:\/\/analyse.optim.biz\/?p=2098003"},"modified":"2026-08-17T19:39:40","modified_gmt":"2026-08-17T16:39:40","slug":"buss-family-intends-to-sell-remaining-shares-in-lakers-sources","status":"publish","type":"post","link":"https:\/\/analyse.optim.biz\/?p=2098003","title":{"rendered":"Buss family intends to sell remaining shares in Lakers: Sources"},"content":{"rendered":"
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The Buss family, which has owned and operated the Los Angeles Lakers since March 29, 1979, intends to sell its remaining shares in the team, tagging into the $12.5 billion valuation Mark Walter received last week<\/a> in a deal with Bob Iger and Josh Kushner, according to multiple sources who spoke on the condition of anonymity to describe ongoing deliberations.<\/p>\n

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If the Buss Family Trust successfully executes the sale, Jeanie Buss will be unable to remain as the team\u2019s governor, as league rules require at least 15 percent ownership to serve in the role. Buss retained her governorship for a period of at least five years as part of the deal to sell controlling ownership of the Lakers to Walter last summer.<\/p>\n

It\u2019s unclear whether Jeanie Buss voted along with the majority. Calls to Lakers spokespeople were not immediately returned.<\/p>\n

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According to a source with knowledge of the talks, who spoke on the condition of anonymity because of the sensitive nature of the deal, the trust\u2019s beneficiaries needed at least four of six votes to approve the intent to sell. The trust, which is made up of six of Jerry Buss\u2019 children \u2014 Jeanie, Jim, Johnny, Janie, Joey and Jesse \u2014 conducted a vote last week regarding selling. The trust\u2019s three trustees, Jeanie, Janie and Joey Buss, now must enact the actual sale.<\/p>\n

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The decision to sell comes in the wake of Walter\u2019s rapid sell-off of sports holdings, including his stakes in the Lakers and Chelsea.<\/p>\n

The trust voted last June to sell its controlling interest in the team to Walter at a $10 billion valuation while retaining a minority stake in the Lakers of approximately 18 percent.<\/p>\n

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Everything we know about the Lakers being sold again<\/div>\n
Dan Woike<\/div>\n<\/div>\n
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