{"id":2113291,"date":"2026-08-17T21:09:50","date_gmt":"2026-08-17T18:09:50","guid":{"rendered":"https:\/\/analyse.optim.biz\/?p=2113291"},"modified":"2026-08-17T21:09:50","modified_gmt":"2026-08-17T18:09:50","slug":"buss-family-to-sell-remaining-stake-in-los-angeles-lakers-to-bob-iger-and-josh-kushner-at-12-5-billion-usd-valuation","status":"publish","type":"post","link":"https:\/\/analyse.optim.biz\/?p=2113291","title":{"rendered":"Buss Family to Sell Remaining Stake in Los Angeles Lakers to Bob Iger and Josh Kushner at $12.5 Billion USD Valuation"},"content":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F17%2Fjeanie-buss-family-sell-remaining-stake-los-angeles-lakers-12-5-billion-usd-valuation-jared-kushner-bob-iger-new-majority-owners-news-tw.jpg?w=1080&amp;cbr=1&amp;q=90&amp;fit=max&#8221;]<\/p>\n<div class=\"col-post-body col\">\n<div class=\"row post-body\">\n<aside class=\"post-body-sidebar\">\n<div class=\"post-body-sidebar-upper\">\n<div class=\"post-body-sidebar-category d-none d-lg-block\">\n<p>    Sports\n                                                                                                    <\/p><\/div>\n<div class=\"post-body-sidebar-published d-none d-lg-block\"><time>Aug 17, 2026<\/time><\/div>\n<ul class=\"post-body-sidebar-hype-comments-container list-unstyled d-none d-lg-block\">\n<li><span class=\"hype-count grey\"><br \/>\n             795<br \/>\n    <\/span><\/p>\n<div class=\"floating-tooltip\" role=\"tooltip\"><span>Views<\/span><\/div>\n<\/li>\n<li><span class=\"disqus-comment-count\"><span>0<\/span><span>\u00a0<\/span><span class=\"d-none d-sm-inline text\">Comments<\/span><\/span>\n<div class=\"floating-tooltip\" role=\"tooltip\"><span>Comments<\/span><\/div>\n<\/li>\n<li><span class=\"text\">Save<\/span><\/li>\n<\/ul>\n<div class=\"post-body-sidebar-author d-none d-lg-block\">\n<hr class=\"sidebar-divider share-divider\">\n<h6>Text By<\/h6>\n<p><span class=\"author-name\">Joyce Li<\/span><\/div>\n<hr class=\"sidebar-divider d-none d-lg-block\">\n<div class=\"post-body-sidebar-share d-none d-lg-block\">\n<h6>Share this article<\/h6>\n<\/div>\n<\/div>\n<\/aside>\n<article class=\"post-body-article\">\n<div class=\"post-gallery-container small inner-media\">\n<div class=\"gallery-container post-gallery-contain\" role=\"region\" aria-label=\"Buss Family to Sell Remaining Stake in Los Angeles Lakers to Bob Iger and Josh Kushner at $12.5 Billion USD Valuation\">\n<div class=\"hb-gallery before-booted full-screen-enabled only-one-cell \" data-images=\"[{&quot;image&quot;:{&quot;description&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;image_caption&quot;:null,&quot;small&quot;:&quot;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F17%2Fjeanie-buss-family-sell-remaining-stake-los-angeles-lakers-12-5-billion-usd-valuation-jared-kushner-bob-iger-new-majority-owners-news-001.jpg?w=480&amp;cbr=1&amp;q=90&amp;fit=max&quot;,&quot;medium&quot;:&quot;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F17%2Fjeanie-buss-family-sell-remaining-stake-los-angeles-lakers-12-5-billion-usd-valuation-jared-kushner-bob-iger-new-majority-owners-news-001.jpg?w=720&amp;cbr=1&amp;q=90&amp;fit=max&quot;,&quot;large&quot;:&quot;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F17%2Fjeanie-buss-family-sell-remaining-stake-los-angeles-lakers-12-5-billion-usd-valuation-jared-kushner-bob-iger-new-majority-owners-news-001.jpg?w=1080&amp;cbr=1&amp;q=90&amp;fit=max&quot;,&quot;xlarge&quot;:&quot;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F17%2Fjeanie-buss-family-sell-remaining-stake-los-angeles-lakers-12-5-billion-usd-valuation-jared-kushner-bob-iger-new-majority-owners-news-001.jpg?w=1440&amp;cbr=1&amp;q=90&amp;fit=max&quot;,&quot;full&quot;:&quot;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F17%2Fjeanie-buss-family-sell-remaining-stake-los-angeles-lakers-12-5-billion-usd-valuation-jared-kushner-bob-iger-new-majority-owners-news-001.jpg?w=1440&amp;cbr=1&amp;q=90&amp;fit=max&quot;},&quot;src&quot;:&quot;https:\/\/hypebeast.com\/image\/2026\/08\/17\/jeanie-buss-family-sell-remaining-stake-los-angeles-lakers-12-5-billion-usd-valuation-jared-kushner-bob-iger-new-majority-owners-news-001.jpg&quot;,&quot;alt&quot;:&quot;Buss Family to Sell Remaining Stake in Los Angeles Lakers at $12.5 Billion USD Valuation jeanie buss out nba basketball sold to josh kushner bob iger final majority owners&quot;,&quot;width&quot;:1400,&quot;height&quot;:933,&quot;credit&quot;:&quot;Allen J. Schaben\/Los Angeles Times\/Getty Images&quot;,&quot;caption&quot;:&quot;&quot;,&quot;creditKey&quot;:&quot;general&quot;,&quot;description&quot;:&quot;&quot;,&quot;annotations&quot;:null,&quot;shop&quot;:{&quot;url&quot;:&quot;&quot;,&quot;href&quot;:&quot;&quot;,&quot;label&quot;:&quot;&quot;}}]\" role=\"list\">\n<div class=\"carousel-cell landscape\" data-gallery-index=\"1\" role=\"listitem\">\n<div class=\"carousel-cell-inner-wrapper\">\n<div class=\"carousel-cell-image-wrapper annotation-container fixed-ratio-3-2\">\n                                                                                                        <source data-srcset=\"https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F17%2Fjeanie-buss-family-sell-remaining-stake-los-angeles-lakers-12-5-billion-usd-valuation-jared-kushner-bob-iger-new-majority-owners-news-001.jpg?q=90&amp;w=1400&amp;cbr=1&amp;fit=max\" media=\"(min-width: 1260px)\" \/><\/div>\n<div class=\"gallery-meta-container credit-wrapper\">\n<div class=\"credit \">Allen J. Schaben\/Los Angeles Times\/Getty Images<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"post-body-top-bar\" class=\"post-body-top-bar d-block d-lg-none\">\n<div class=\"row\">\n<div class=\"post-body-top-bar-share-meta-container\">\n<div class=\"post-body-top-bar-meta\"><span class=\"post-body-top-bar-category\"><\/p>\n<p>    Sports<br \/>\n                                                    <\/span><span class=\"post-body-top-bar-published\"><time>Aug 17, 2026<\/time><\/span><\/div>\n<\/div>\n<div class=\"post-body-top-bar-hype-comments-container \"><span class=\"hype-count grey\"><br \/>\n             795<br \/>\n    <\/span><\/p>\n<div class=\"floating-tooltip\" role=\"tooltip\"><span>Views<\/span><\/div>\n<p><span class=\"disqus-comment-count\"><span>0<\/span><span>\u00a0<\/span><span class=\"d-none d-none text\">Comments<\/span><\/span><\/p>\n<div class=\"floating-tooltip\" role=\"tooltip\"><span>Comments<\/span><\/div>\n<p><span class=\"text\">Save<\/span><\/div>\n<\/div>\n<\/div>\n<div class=\"post-body-content\">\n<section class=\"post-summary\" aria-labelledby=\"post-summary-heading\">\n<header class=\"post-summary__header\">\n<h2 id=\"post-summary-heading\" class=\"post-summary__title\">Summary<\/h2>\n<\/header>\n<div class=\"post-summary__body\">\n<p>The Buss family has agreed to sell its remaining 17.8% stake in the Los Angeles Lakers to Josh Kushner and Bob Iger<\/p>\n<p>Jeanie Buss will step down as team governor as the transaction reduces her ownership below the NBA required 15% threshold<\/p>\n<p>The transaction completes a takeover valuing the franchise at $12.5 billion USD and bringing Kushner and Iger to an 83% stake<\/p>\n<\/div>\n<\/section>\n<p>The Los Angeles Lakers are entering a new ownership era as the Buss family has agreed to sell its remaining 17.8% stake in the franchise to investors Josh Kushner and Bob Iger. Reported by Shams Charania at <em>ESPN<\/em>, the deal values the franchise at $12.5 billion USD and officially brings an end to the family\u2019s historic 47-year tenure.<\/p>\n<p>The transaction brings Kushner and Iger\u2019s total ownership stake to approximately 83%, following their purchase of Mark Walter\u2019s majority share. Because NBA guidelines mandate that a franchise\u2019s controlling governor hold at least a 15% stake, the sale requires Jeanie Buss to step down from the governor role she has held since 2013 following the death of her father, Jerry Buss.<\/p>\n<p>Under the Buss family\u2019s leadership\u2014which began when Jerry Buss purchased the team in May 1979\u2014the Lakers secured 11 NBA championships and logged a league-leading 2,289 victories. The deal remains subject to approval by the NBA Board of Governors, with Kushner also required to sell his limited equity in the Miami Heat prior to final clearance.\n<\/p>\n<p>The transaction will go before the NBA Board of Governors for official approval during its upcoming meeting on September 15 and 16 in New York.<\/p>\n<div class=\"show-article\">\n<p>                                                            Read Full Article<\/p><\/div>\n<\/div>\n<footer>\n<div class=\"related-stories-main-wrapper\">\n<h3>Related Stories<\/h3>\n<div class=\"stories-container\" data-layer-list-name=\"related_stories\" data-layer-list-offset=\"0\" data-layer-list-child-selector=\".story-item\">\n<div class=\"story-item\" data-layer-item-id=\"6772305\" data-layer-item-blog-id=\"1\" data-layer-item-type=\"post\"><span>&gt;<\/span>\u2018NBA 2K27\u2019 Announces New Updates That Will Change the Way You Play\n                                                                        <\/div>\n<div class=\"story-item\" data-layer-item-id=\"6772611\" data-layer-item-blog-id=\"1\" data-layer-item-type=\"post\"><span>&gt;<\/span>Oura Is Reportedly Planning a September IPO at a $16 Billion USD Valuation\n                                                                        <\/div>\n<div class=\"story-item\" data-layer-item-id=\"6772579\" data-layer-item-blog-id=\"1\" data-layer-item-type=\"post\"><span>&gt;<\/span>Shein Prepares for IPO at $27 Billion USD Valuation\n                                                                        <\/div>\n<\/div>\n<\/div>\n<div class=\"article-email-signup-wrapper impression-tracker\">\n<h3>We got you covered. Don\u2019t miss out on the latest news by signing up for our newsletters.<\/h3>\n<div class=\"terms\">By subscribing, you agree to our Terms of Use and Privacy Policy.<\/div>\n<\/div>\n<div class=\"post-body-author d-block d-lg-none\">\n<hr class=\"sidebar-divider share-divider\">\n<h6>Text By<\/h6>\n<p><span class=\"author-name\">Joyce Li<\/span><\/div>\n<div class=\"post-body-share d-block d-lg-none\">\n<hr class=\"sidebar-divider\">\n<h6>Share this article<\/h6>\n<\/div>\n<div class=\"post-body-content-tags\">\n<div class=\"body collapsed\">\n<p>    NBALos Angeles LakersBob IgerJeanie BussJosh Kushner\n                                                            <\/p><\/div>\n<\/div>\n<section class=\"post__body__author_info\">\n<div class=\"post__body__author_info__inner\"><img decoding=\"async\" src=\"https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F06%2F05%2Fjoyce-300.jpg?w=100&amp;cbr=1&amp;q=90&amp;fit=max\" alt=\"Joyce Li\" class=\"post__body__author_info__avatar\"><\/p>\n<div class=\"post__body__author_info__body\">\n<p>                    Joyce Li<\/p>\n<p>                                    <span class=\"post__body__author_info__title\">Editor<\/span><\/div>\n<\/div>\n<div class=\"post__body__author_info__bio_wrapper\">\n<p class=\"post__body__author_info__bio\">For over half a decade, Joyce Li has served as an Editor on Hypebeast&#8217;s global team, leveraging profound industry insights to capture the zeitgeist. Through her editorial lens, she anticipates emerging trends while dedicating her platform to spotlighting those making the greatest impact on culture today. A storyteller first and foremost, she examines the cross-pollination of fashion, footwear, art, music, and sports. This intersectional approach has led to compelling interviews with industry-defining figures like LeBron James, Pharrell Williams, Tom Brady, NIGO, A$AP Rocky, KAWS, and more.<\/p>\n<\/div>\n<\/section>\n<\/footer>\n<\/article>\n<\/div>\n<div id=\"post-footer\" class=\"post-footer row\">\n<div class=\"col-shopping-break\">\n<hr>\n<\/div>\n<div class=\"col-comments\">\n<div id=\"comments\" class=\"post-comments none \">\n<header>\n<div class=\"heading\"><span class=\"comment-count\">0<\/span><span>Comments<\/span><\/div>\n<div class=\"comment-dropdown-tooltip\">\n<ul>\n<li>\n<li><\/ul>\n<\/div>\n<\/header>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"row post-body\">\n<aside class=\"post-body-sidebar\">\n<div class=\"post-body-sidebar-upper\">\n<div class=\"post-body-sidebar-category d-none d-lg-block\">\n<p>    Sports\n                                                                                                    <\/p><\/div>\n<div class=\"post-body-sidebar-published d-none d-lg-block\"><time>Aug 17, 2026<\/time><\/div>\n<ul class=\"post-body-sidebar-hype-comments-container list-unstyled d-none d-lg-block\">\n<li><span class=\"hype-count grey\"><br \/>\n             795<br \/>\n    <\/span><\/p>\n<div class=\"floating-tooltip\" role=\"tooltip\"><span>Views<\/span><\/div>\n<\/li>\n<li><span class=\"disqus-comment-count\"><span>0<\/span><span>\u00a0<\/span><span class=\"d-none d-sm-inline text\">Comments<\/span><\/span>\n<div class=\"floating-tooltip\" role=\"tooltip\"><span>Comments<\/span><\/div>\n<\/li>\n<li><span class=\"text\">Save<\/span><\/li>\n<\/ul>\n<div class=\"post-body-sidebar-author d-none d-lg-block\">\n<hr class=\"sidebar-divider share-divider\">\n<h6>Text By<\/h6>\n<p><span class=\"author-name\">Joyce Li<\/span><\/div>\n<hr class=\"sidebar-divider d-none d-lg-block\">\n<div class=\"post-body-sidebar-share d-none d-lg-block\">\n<h6>Share this article<\/h6>\n<\/div>\n<\/div>\n<\/aside>\n<article class=\"post-body-article\">\n<div class=\"post-gallery-container small inner-media\">\n<div class=\"gallery-container post-gallery-contain\" role=\"region\" aria-label=\"Buss Family to Sell Remaining Stake in Los Angeles Lakers to Bob Iger and Josh Kushner at $12.5 Billion USD Valuation\">\n<div class=\"hb-gallery before-booted full-screen-enabled only-one-cell \" data-images=\"[{&quot;image&quot;:{&quot;description&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;image_caption&quot;:null,&quot;small&quot;:&quot;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F17%2Fjeanie-buss-family-sell-remaining-stake-los-angeles-lakers-12-5-billion-usd-valuation-jared-kushner-bob-iger-new-majority-owners-news-001.jpg?w=480&amp;cbr=1&amp;q=90&amp;fit=max&quot;,&quot;medium&quot;:&quot;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F17%2Fjeanie-buss-family-sell-remaining-stake-los-angeles-lakers-12-5-billion-usd-valuation-jared-kushner-bob-iger-new-majority-owners-news-001.jpg?w=720&amp;cbr=1&amp;q=90&amp;fit=max&quot;,&quot;large&quot;:&quot;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F17%2Fjeanie-buss-family-sell-remaining-stake-los-angeles-lakers-12-5-billion-usd-valuation-jared-kushner-bob-iger-new-majority-owners-news-001.jpg?w=1080&amp;cbr=1&amp;q=90&amp;fit=max&quot;,&quot;xlarge&quot;:&quot;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F17%2Fjeanie-buss-family-sell-remaining-stake-los-angeles-lakers-12-5-billion-usd-valuation-jared-kushner-bob-iger-new-majority-owners-news-001.jpg?w=1440&amp;cbr=1&amp;q=90&amp;fit=max&quot;,&quot;full&quot;:&quot;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F17%2Fjeanie-buss-family-sell-remaining-stake-los-angeles-lakers-12-5-billion-usd-valuation-jared-kushner-bob-iger-new-majority-owners-news-001.jpg?w=1440&amp;cbr=1&amp;q=90&amp;fit=max&quot;},&quot;src&quot;:&quot;https:\/\/hypebeast.com\/image\/2026\/08\/17\/jeanie-buss-family-sell-remaining-stake-los-angeles-lakers-12-5-billion-usd-valuation-jared-kushner-bob-iger-new-majority-owners-news-001.jpg&quot;,&quot;alt&quot;:&quot;Buss Family to Sell Remaining Stake in Los Angeles Lakers at $12.5 Billion USD Valuation jeanie buss out nba basketball sold to josh kushner bob iger final majority owners&quot;,&quot;width&quot;:1400,&quot;height&quot;:933,&quot;credit&quot;:&quot;Allen J. Schaben\/Los Angeles Times\/Getty Images&quot;,&quot;caption&quot;:&quot;&quot;,&quot;creditKey&quot;:&quot;general&quot;,&quot;description&quot;:&quot;&quot;,&quot;annotations&quot;:null,&quot;shop&quot;:{&quot;url&quot;:&quot;&quot;,&quot;href&quot;:&quot;&quot;,&quot;label&quot;:&quot;&quot;}}]\" role=\"list\">\n<div class=\"carousel-cell landscape\" data-gallery-index=\"1\" role=\"listitem\">\n<div class=\"carousel-cell-inner-wrapper\">\n<div class=\"carousel-cell-image-wrapper annotation-container fixed-ratio-3-2\">\n                                                                                                        <source data-srcset=\"https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F17%2Fjeanie-buss-family-sell-remaining-stake-los-angeles-lakers-12-5-billion-usd-valuation-jared-kushner-bob-iger-new-majority-owners-news-001.jpg?q=90&amp;w=1400&amp;cbr=1&amp;fit=max\" media=\"(min-width: 1260px)\" \/><\/div>\n<div class=\"gallery-meta-container credit-wrapper\">\n<div class=\"credit \">Allen J. Schaben\/Los Angeles Times\/Getty Images<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"post-body-top-bar\" class=\"post-body-top-bar d-block d-lg-none\">\n<div class=\"row\">\n<div class=\"post-body-top-bar-share-meta-container\">\n<div class=\"post-body-top-bar-meta\"><span class=\"post-body-top-bar-category\"><\/p>\n<p>    Sports<br \/>\n                                                    <\/span><span class=\"post-body-top-bar-published\"><time>Aug 17, 2026<\/time><\/span><\/div>\n<\/div>\n<div class=\"post-body-top-bar-hype-comments-container \"><span class=\"hype-count grey\"><br \/>\n             795<br \/>\n    <\/span><\/p>\n<div class=\"floating-tooltip\" role=\"tooltip\"><span>Views<\/span><\/div>\n<p><span class=\"disqus-comment-count\"><span>0<\/span><span>\u00a0<\/span><span class=\"d-none d-none text\">Comments<\/span><\/span><\/p>\n<div class=\"floating-tooltip\" role=\"tooltip\"><span>Comments<\/span><\/div>\n<p><span class=\"text\">Save<\/span><\/div>\n<\/div>\n<\/div>\n<div class=\"post-body-content\">\n<section class=\"post-summary\" aria-labelledby=\"post-summary-heading\">\n<header class=\"post-summary__header\">\n<h2 id=\"post-summary-heading\" class=\"post-summary__title\">Summary<\/h2>\n<\/header>\n<div class=\"post-summary__body\">\n<p>The Buss family has agreed to sell its remaining 17.8% stake in the Los Angeles Lakers to Josh Kushner and Bob Iger<\/p>\n<p>Jeanie Buss will step down as team governor as the transaction reduces her ownership below the NBA required 15% threshold<\/p>\n<p>The transaction completes a takeover valuing the franchise at $12.5 billion USD and bringing Kushner and Iger to an 83% stake<\/p>\n<\/div>\n<\/section>\n<p>The Los Angeles Lakers are entering a new ownership era as the Buss family has agreed to sell its remaining 17.8% stake in the franchise to investors Josh Kushner and Bob Iger. Reported by Shams Charania at <em>ESPN<\/em>, the deal values the franchise at $12.5 billion USD and officially brings an end to the family\u2019s historic 47-year tenure.<\/p>\n<p>The transaction brings Kushner and Iger\u2019s total ownership stake to approximately 83%, following their purchase of Mark Walter\u2019s majority share. Because NBA guidelines mandate that a franchise\u2019s controlling governor hold at least a 15% stake, the sale requires Jeanie Buss to step down from the governor role she has held since 2013 following the death of her father, Jerry Buss.<\/p>\n<p>Under the Buss family\u2019s leadership\u2014which began when Jerry Buss purchased the team in May 1979\u2014the Lakers secured 11 NBA championships and logged a league-leading 2,289 victories. The deal remains subject to approval by the NBA Board of Governors, with Kushner also required to sell his limited equity in the Miami Heat prior to final clearance.\n<\/p>\n<p>The transaction will go before the NBA Board of Governors for official approval during its upcoming meeting on September 15 and 16 in New York.<\/p>\n<div class=\"show-article\">\n<p>                                                            Read Full Article<\/p><\/div>\n<\/div>\n<footer>\n<div class=\"related-stories-main-wrapper\">\n<h3>Related Stories<\/h3>\n<div class=\"stories-container\" data-layer-list-name=\"related_stories\" data-layer-list-offset=\"0\" data-layer-list-child-selector=\".story-item\">\n<div class=\"story-item\" data-layer-item-id=\"6772305\" data-layer-item-blog-id=\"1\" data-layer-item-type=\"post\"><span>&gt;<\/span>\u2018NBA 2K27\u2019 Announces New Updates That Will Change the Way You Play\n                                                                        <\/div>\n<div class=\"story-item\" data-layer-item-id=\"6772611\" data-layer-item-blog-id=\"1\" data-layer-item-type=\"post\"><span>&gt;<\/span>Oura Is Reportedly Planning a September IPO at a $16 Billion USD Valuation\n                                                                        <\/div>\n<div class=\"story-item\" data-layer-item-id=\"6772579\" data-layer-item-blog-id=\"1\" data-layer-item-type=\"post\"><span>&gt;<\/span>Shein Prepares for IPO at $27 Billion USD Valuation\n                                                                        <\/div>\n<\/div>\n<\/div>\n<div class=\"article-email-signup-wrapper impression-tracker\">\n<h3>We got you covered. Don\u2019t miss out on the latest news by signing up for our newsletters.<\/h3>\n<div class=\"terms\">By subscribing, you agree to our Terms of Use and Privacy Policy.<\/div>\n<\/div>\n<div class=\"post-body-author d-block d-lg-none\">\n<hr class=\"sidebar-divider share-divider\">\n<h6>Text By<\/h6>\n<p><span class=\"author-name\">Joyce Li<\/span><\/div>\n<div class=\"post-body-share d-block d-lg-none\">\n<hr class=\"sidebar-divider\">\n<h6>Share this article<\/h6>\n<\/div>\n<div class=\"post-body-content-tags\">\n<div class=\"body collapsed\">\n<p>    NBALos Angeles LakersBob IgerJeanie BussJosh Kushner\n                                                            <\/p><\/div>\n<\/div>\n<section class=\"post__body__author_info\">\n<div class=\"post__body__author_info__inner\"><img decoding=\"async\" src=\"https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F06%2F05%2Fjoyce-300.jpg?w=100&amp;cbr=1&amp;q=90&amp;fit=max\" alt=\"Joyce Li\" class=\"post__body__author_info__avatar\"><\/p>\n<div class=\"post__body__author_info__body\">\n<p>                    Joyce Li<\/p>\n<p>                                    <span class=\"post__body__author_info__title\">Editor<\/span><\/div>\n<\/div>\n<div class=\"post__body__author_info__bio_wrapper\">\n<p class=\"post__body__author_info__bio\">For over half a decade, Joyce Li has served as an Editor on Hypebeast&#8217;s global team, leveraging profound industry insights to capture the zeitgeist. Through her editorial lens, she anticipates emerging trends while dedicating her platform to spotlighting those making the greatest impact on culture today. A storyteller first and foremost, she examines the cross-pollination of fashion, footwear, art, music, and sports. This intersectional approach has led to compelling interviews with industry-defining figures like LeBron James, Pharrell Williams, Tom Brady, NIGO, A$AP Rocky, KAWS, and more.<\/p>\n<\/div>\n<\/section>\n<\/footer>\n<\/article>\n<\/div>\n<div class=\"post-body-sidebar-upper\">\n<div class=\"post-body-sidebar-category d-none d-lg-block\">\n<p>    Sports\n                                                                                                    <\/p><\/div>\n<div class=\"post-body-sidebar-published d-none d-lg-block\"><time>Aug 17, 2026<\/time><\/div>\n<ul class=\"post-body-sidebar-hype-comments-container list-unstyled d-none d-lg-block\">\n<li><span class=\"hype-count grey\"><br \/>\n             795<br \/>\n    <\/span><\/p>\n<div class=\"floating-tooltip\" role=\"tooltip\"><span>Views<\/span><\/div>\n<\/li>\n<li><span class=\"disqus-comment-count\"><span>0<\/span><span>\u00a0<\/span><span class=\"d-none d-sm-inline text\">Comments<\/span><\/span>\n<div class=\"floating-tooltip\" role=\"tooltip\"><span>Comments<\/span><\/div>\n<\/li>\n<li><span class=\"text\">Save<\/span><\/li>\n<\/ul>\n<div class=\"post-body-sidebar-author d-none d-lg-block\">\n<hr class=\"sidebar-divider share-divider\">\n<h6>Text By<\/h6>\n<p><span class=\"author-name\">Joyce Li<\/span><\/div>\n<hr class=\"sidebar-divider d-none d-lg-block\">\n<div class=\"post-body-sidebar-share d-none d-lg-block\">\n<h6>Share this article<\/h6>\n<\/div>\n<\/div>\n<div class=\"post-body-sidebar-category d-none d-lg-block\">\n<p>    Sports\n                                                                                                    <\/p><\/div>\n<div class=\"post-body-sidebar-published d-none d-lg-block\"><time>Aug 17, 2026<\/time><\/div>\n<div class=\"post-body-sidebar-author d-none d-lg-block\">\n<hr class=\"sidebar-divider share-divider\">\n<h6>Text By<\/h6>\n<p><span class=\"author-name\">Joyce Li<\/span><\/div>\n<div class=\"post-body-sidebar-share d-none d-lg-block\">\n<h6>Share this article<\/h6>\n<\/div>\n<article class=\"post-body-article\">\n<div class=\"post-gallery-container small inner-media\">\n<div class=\"gallery-container post-gallery-contain\" role=\"region\" aria-label=\"Buss Family to Sell Remaining Stake in Los Angeles Lakers to Bob Iger and Josh Kushner at $12.5 Billion USD Valuation\">\n<div class=\"hb-gallery before-booted full-screen-enabled only-one-cell \" data-images=\"[{&quot;image&quot;:{&quot;description&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;image_caption&quot;:null,&quot;small&quot;:&quot;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F17%2Fjeanie-buss-family-sell-remaining-stake-los-angeles-lakers-12-5-billion-usd-valuation-jared-kushner-bob-iger-new-majority-owners-news-001.jpg?w=480&amp;cbr=1&amp;q=90&amp;fit=max&quot;,&quot;medium&quot;:&quot;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F17%2Fjeanie-buss-family-sell-remaining-stake-los-angeles-lakers-12-5-billion-usd-valuation-jared-kushner-bob-iger-new-majority-owners-news-001.jpg?w=720&amp;cbr=1&amp;q=90&amp;fit=max&quot;,&quot;large&quot;:&quot;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F17%2Fjeanie-buss-family-sell-remaining-stake-los-angeles-lakers-12-5-billion-usd-valuation-jared-kushner-bob-iger-new-majority-owners-news-001.jpg?w=1080&amp;cbr=1&amp;q=90&amp;fit=max&quot;,&quot;xlarge&quot;:&quot;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F17%2Fjeanie-buss-family-sell-remaining-stake-los-angeles-lakers-12-5-billion-usd-valuation-jared-kushner-bob-iger-new-majority-owners-news-001.jpg?w=1440&amp;cbr=1&amp;q=90&amp;fit=max&quot;,&quot;full&quot;:&quot;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F17%2Fjeanie-buss-family-sell-remaining-stake-los-angeles-lakers-12-5-billion-usd-valuation-jared-kushner-bob-iger-new-majority-owners-news-001.jpg?w=1440&amp;cbr=1&amp;q=90&amp;fit=max&quot;},&quot;src&quot;:&quot;https:\/\/hypebeast.com\/image\/2026\/08\/17\/jeanie-buss-family-sell-remaining-stake-los-angeles-lakers-12-5-billion-usd-valuation-jared-kushner-bob-iger-new-majority-owners-news-001.jpg&quot;,&quot;alt&quot;:&quot;Buss Family to Sell Remaining Stake in Los Angeles Lakers at $12.5 Billion USD Valuation jeanie buss out nba basketball sold to josh kushner bob iger final majority owners&quot;,&quot;width&quot;:1400,&quot;height&quot;:933,&quot;credit&quot;:&quot;Allen J. Schaben\/Los Angeles Times\/Getty Images&quot;,&quot;caption&quot;:&quot;&quot;,&quot;creditKey&quot;:&quot;general&quot;,&quot;description&quot;:&quot;&quot;,&quot;annotations&quot;:null,&quot;shop&quot;:{&quot;url&quot;:&quot;&quot;,&quot;href&quot;:&quot;&quot;,&quot;label&quot;:&quot;&quot;}}]\" role=\"list\">\n<div class=\"carousel-cell landscape\" data-gallery-index=\"1\" role=\"listitem\">\n<div class=\"carousel-cell-inner-wrapper\">\n<div class=\"carousel-cell-image-wrapper annotation-container fixed-ratio-3-2\">\n                                                                                                        <source data-srcset=\"https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F17%2Fjeanie-buss-family-sell-remaining-stake-los-angeles-lakers-12-5-billion-usd-valuation-jared-kushner-bob-iger-new-majority-owners-news-001.jpg?q=90&amp;w=1400&amp;cbr=1&amp;fit=max\" media=\"(min-width: 1260px)\" \/><\/div>\n<div class=\"gallery-meta-container credit-wrapper\">\n<div class=\"credit \">Allen J. Schaben\/Los Angeles Times\/Getty Images<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"post-body-top-bar\" class=\"post-body-top-bar d-block d-lg-none\">\n<div class=\"row\">\n<div class=\"post-body-top-bar-share-meta-container\">\n<div class=\"post-body-top-bar-meta\"><span class=\"post-body-top-bar-category\"><\/p>\n<p>    Sports<br \/>\n                                                    <\/span><span class=\"post-body-top-bar-published\"><time>Aug 17, 2026<\/time><\/span><\/div>\n<\/div>\n<div class=\"post-body-top-bar-hype-comments-container \"><span class=\"hype-count grey\"><br \/>\n             795<br \/>\n    <\/span><\/p>\n<div class=\"floating-tooltip\" role=\"tooltip\"><span>Views<\/span><\/div>\n<p><span class=\"disqus-comment-count\"><span>0<\/span><span>\u00a0<\/span><span class=\"d-none d-none text\">Comments<\/span><\/span><\/p>\n<div class=\"floating-tooltip\" role=\"tooltip\"><span>Comments<\/span><\/div>\n<p><span class=\"text\">Save<\/span><\/div>\n<\/div>\n<\/div>\n<div class=\"post-body-content\">\n<section class=\"post-summary\" aria-labelledby=\"post-summary-heading\">\n<header class=\"post-summary__header\">\n<h2 id=\"post-summary-heading\" class=\"post-summary__title\">Summary<\/h2>\n<\/header>\n<div class=\"post-summary__body\">\n<p>The Buss family has agreed to sell its remaining 17.8% stake in the Los Angeles Lakers to Josh Kushner and Bob Iger<\/p>\n<p>Jeanie Buss will step down as team governor as the transaction reduces her ownership below the NBA required 15% threshold<\/p>\n<p>The transaction completes a takeover valuing the franchise at $12.5 billion USD and bringing Kushner and Iger to an 83% stake<\/p>\n<\/div>\n<\/section>\n<p>The Los Angeles Lakers are entering a new ownership era as the Buss family has agreed to sell its remaining 17.8% stake in the franchise to investors Josh Kushner and Bob Iger. Reported by Shams Charania at <em>ESPN<\/em>, the deal values the franchise at $12.5 billion USD and officially brings an end to the family\u2019s historic 47-year tenure.<\/p>\n<p>The transaction brings Kushner and Iger\u2019s total ownership stake to approximately 83%, following their purchase of Mark Walter\u2019s majority share. Because NBA guidelines mandate that a franchise\u2019s controlling governor hold at least a 15% stake, the sale requires Jeanie Buss to step down from the governor role she has held since 2013 following the death of her father, Jerry Buss.<\/p>\n<p>Under the Buss family\u2019s leadership\u2014which began when Jerry Buss purchased the team in May 1979\u2014the Lakers secured 11 NBA championships and logged a league-leading 2,289 victories. The deal remains subject to approval by the NBA Board of Governors, with Kushner also required to sell his limited equity in the Miami Heat prior to final clearance.\n<\/p>\n<p>The transaction will go before the NBA Board of Governors for official approval during its upcoming meeting on September 15 and 16 in New York.<\/p>\n<div class=\"show-article\">\n<p>                                                            Read Full Article<\/p><\/div>\n<\/div>\n<footer>\n<div class=\"related-stories-main-wrapper\">\n<h3>Related Stories<\/h3>\n<div class=\"stories-container\" data-layer-list-name=\"related_stories\" data-layer-list-offset=\"0\" data-layer-list-child-selector=\".story-item\">\n<div class=\"story-item\" data-layer-item-id=\"6772305\" data-layer-item-blog-id=\"1\" data-layer-item-type=\"post\"><span>&gt;<\/span>\u2018NBA 2K27\u2019 Announces New Updates That Will Change the Way You Play\n                                                                        <\/div>\n<div class=\"story-item\" data-layer-item-id=\"6772611\" data-layer-item-blog-id=\"1\" data-layer-item-type=\"post\"><span>&gt;<\/span>Oura Is Reportedly Planning a September IPO at a $16 Billion USD Valuation\n                                                                        <\/div>\n<div class=\"story-item\" data-layer-item-id=\"6772579\" data-layer-item-blog-id=\"1\" data-layer-item-type=\"post\"><span>&gt;<\/span>Shein Prepares for IPO at $27 Billion USD Valuation\n                                                                        <\/div>\n<\/div>\n<\/div>\n<div class=\"article-email-signup-wrapper impression-tracker\">\n<h3>We got you covered. Don\u2019t miss out on the latest news by signing up for our newsletters.<\/h3>\n<div class=\"terms\">By subscribing, you agree to our Terms of Use and Privacy Policy.<\/div>\n<\/div>\n<div class=\"post-body-author d-block d-lg-none\">\n<hr class=\"sidebar-divider share-divider\">\n<h6>Text By<\/h6>\n<p><span class=\"author-name\">Joyce Li<\/span><\/div>\n<div class=\"post-body-share d-block d-lg-none\">\n<hr class=\"sidebar-divider\">\n<h6>Share this article<\/h6>\n<\/div>\n<div class=\"post-body-content-tags\">\n<div class=\"body collapsed\">\n<p>    NBALos Angeles LakersBob IgerJeanie BussJosh Kushner\n                                                            <\/p><\/div>\n<\/div>\n<section class=\"post__body__author_info\">\n<div class=\"post__body__author_info__inner\"><img decoding=\"async\" src=\"https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F06%2F05%2Fjoyce-300.jpg?w=100&amp;cbr=1&amp;q=90&amp;fit=max\" alt=\"Joyce Li\" class=\"post__body__author_info__avatar\"><\/p>\n<div class=\"post__body__author_info__body\">\n<p>                    Joyce Li<\/p>\n<p>                                    <span class=\"post__body__author_info__title\">Editor<\/span><\/div>\n<\/div>\n<div class=\"post__body__author_info__bio_wrapper\">\n<p class=\"post__body__author_info__bio\">For over half a decade, Joyce Li has served as an Editor on Hypebeast&#8217;s global team, leveraging profound industry insights to capture the zeitgeist. Through her editorial lens, she anticipates emerging trends while dedicating her platform to spotlighting those making the greatest impact on culture today. A storyteller first and foremost, she examines the cross-pollination of fashion, footwear, art, music, and sports. This intersectional approach has led to compelling interviews with industry-defining figures like LeBron James, Pharrell Williams, Tom Brady, NIGO, A$AP Rocky, KAWS, and more.<\/p>\n<\/div>\n<\/section>\n<\/footer>\n<\/article>\n<div id=\"post-body-top-bar\" class=\"post-body-top-bar d-block d-lg-none\">\n<div class=\"row\">\n<div class=\"post-body-top-bar-share-meta-container\">\n<div class=\"post-body-top-bar-meta\"><span class=\"post-body-top-bar-category\"><\/p>\n<p>    Sports<br \/>\n                                                    <\/span><span class=\"post-body-top-bar-published\"><time>Aug 17, 2026<\/time><\/span><\/div>\n<\/div>\n<div class=\"post-body-top-bar-hype-comments-container \"><span class=\"hype-count grey\"><br \/>\n             795<br \/>\n    <\/span><\/p>\n<div class=\"floating-tooltip\" role=\"tooltip\"><span>Views<\/span><\/div>\n<p><span class=\"disqus-comment-count\"><span>0<\/span><span>\u00a0<\/span><span class=\"d-none d-none text\">Comments<\/span><\/span><\/p>\n<div class=\"floating-tooltip\" role=\"tooltip\"><span>Comments<\/span><\/div>\n<p><span class=\"text\">Save<\/span><\/div>\n<\/div>\n<\/div>\n<div class=\"post-body-top-bar-share-meta-container\">\n<div class=\"post-body-top-bar-meta\"><span class=\"post-body-top-bar-category\"><\/p>\n<p>    Sports<br \/>\n                                                    <\/span><span class=\"post-body-top-bar-published\"><time>Aug 17, 2026<\/time><\/span><\/div>\n<\/div>\n<div class=\"post-body-top-bar-meta\"><span class=\"post-body-top-bar-category\"><\/p>\n<p>    Sports<br \/>\n                                                    <\/span><span class=\"post-body-top-bar-published\"><time>Aug 17, 2026<\/time><\/span><\/div>\n<div class=\"post-body-top-bar-hype-comments-container \"><span class=\"hype-count grey\"><br \/>\n             795<br \/>\n    <\/span><\/p>\n<div class=\"floating-tooltip\" role=\"tooltip\"><span>Views<\/span><\/div>\n<p><span class=\"disqus-comment-count\"><span>0<\/span><span>\u00a0<\/span><span class=\"d-none d-none text\">Comments<\/span><\/span><\/p>\n<div class=\"floating-tooltip\" role=\"tooltip\"><span>Comments<\/span><\/div>\n<p><span class=\"text\">Save<\/span><\/div>\n<div class=\"post-body-content\">\n<section class=\"post-summary\" aria-labelledby=\"post-summary-heading\">\n<header class=\"post-summary__header\">\n<h2 id=\"post-summary-heading\" class=\"post-summary__title\">Summary<\/h2>\n<\/header>\n<div class=\"post-summary__body\">\n<p>The Buss family has agreed to sell its remaining 17.8% stake in the Los Angeles Lakers to Josh Kushner and Bob Iger<\/p>\n<p>Jeanie Buss will step down as team governor as the transaction reduces her ownership below the NBA required 15% threshold<\/p>\n<p>The transaction completes a takeover valuing the franchise at $12.5 billion USD and bringing Kushner and Iger to an 83% stake<\/p>\n<\/div>\n<\/section>\n<p>The Los Angeles Lakers are entering a new ownership era as the Buss family has agreed to sell its remaining 17.8% stake in the franchise to investors Josh Kushner and Bob Iger. Reported by Shams Charania at <em>ESPN<\/em>, the deal values the franchise at $12.5 billion USD and officially brings an end to the family\u2019s historic 47-year tenure.<\/p>\n<p>The transaction brings Kushner and Iger\u2019s total ownership stake to approximately 83%, following their purchase of Mark Walter\u2019s majority share. Because NBA guidelines mandate that a franchise\u2019s controlling governor hold at least a 15% stake, the sale requires Jeanie Buss to step down from the governor role she has held since 2013 following the death of her father, Jerry Buss.<\/p>\n<p>Under the Buss family\u2019s leadership\u2014which began when Jerry Buss purchased the team in May 1979\u2014the Lakers secured 11 NBA championships and logged a league-leading 2,289 victories. The deal remains subject to approval by the NBA Board of Governors, with Kushner also required to sell his limited equity in the Miami Heat prior to final clearance.\n<\/p>\n<p>The transaction will go before the NBA Board of Governors for official approval during its upcoming meeting on September 15 and 16 in New York.<\/p>\n<div class=\"show-article\">\n<p>                                                            Read Full Article<\/p><\/div>\n<\/div>\n<div class=\"post-body-author d-block d-lg-none\">\n<hr class=\"sidebar-divider share-divider\">\n<h6>Text By<\/h6>\n<p><span class=\"author-name\">Joyce Li<\/span><\/div>\n<div class=\"post-body-share d-block d-lg-none\">\n<hr class=\"sidebar-divider\">\n<h6>Share this article<\/h6>\n<\/div>\n<div class=\"post-body-content-tags\">\n<div class=\"body collapsed\">\n<p>    NBALos Angeles LakersBob IgerJeanie BussJosh Kushner\n                                                            <\/p><\/div>\n<\/div>\n<p>[analyse_source url=&#8221;https:\/\/hypebeast.com\/2026\/8\/jeanie-buss-family-sell-remaining-stake-los-angeles-lakers-12-5-billion-usd-valuation-jared-kushner-bob-iger-new-majority-owners-news&#8221;]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/image-cdn.hypb.st\/https%3A%2F%2Fhypebeast.com%2Fimage%2F2026%2F08%2F17%2Fjeanie-buss-family-sell-remaining-stake-los-angeles-lakers-12-5-billion-usd-valuation-jared-kushner-bob-iger-new-majority-owners-news-tw.jpg?w=1080&amp;cbr=1&amp;q=90&amp;fit=max&#8221;] Sports Aug 17, 2026 795 Views 0\u00a0Comments Comments Save Text By Joyce Li Share this article Allen J. Schaben\/Los Angeles Times\/Getty Images Sports Aug 17, 2026 795 Views 0\u00a0Comments Comments Save Summary The Buss family has agreed to sell its remaining 17.8% stake in the Los Angeles Lakers to Josh Kushner and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[226,39],"class_list":["post-2113291","post","type-post","status-publish","format-standard","hentry","category-politics","tag-crawlmanager","tag-hypebeast-com"],"_links":{"self":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2113291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2113291"}],"version-history":[{"count":0,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2113291\/revisions"}],"wp:attachment":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2113291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2113291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2113291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}