Buss family selling Lakers’ ownership to Josh Kushner, Bob Iger

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The Buss family has voted to sell its remaining 17.8% minority ownership stake in the Los Angeles Lakers to new majority owners Bob Iger and Josh Kushner. This transaction follows a $12.5 billion purchase and increases Iger and Kushner's combined ownership to approximately 83%. The decision by the six children of Jerry Buss ends the family's 47-year tenure with the NBA franchise and concludes Jeanie Buss's role as governor of the 17-time champion team.
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