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Buss Family and Walters Make Official Statements The Buss family will sell the controlling interest of the franchise that their father, Dr. Jerry Buss, bought in 1979 for $67.5 million.
An era spanning more than 45 years of the Buss family running the Lakers is coming to a close. A look back at the dynamics of their dynasty.
The plan is for Buss to remain in the position for “years,” according to sources familiar with the agreement. The release also says the sale is expected to close in the third or fourth quarter ...
Jeanie Buss is used to being underestimated. She's one of two female majority owners in the NBA and her resume includes posing for Playboy in 1995. She stands out in every room, where whiffs of ...
The Buss family has become synonymous with the Lakers since Jerry Buss bought the franchise in 1979. He is a major reason why the team is worth $10 billion in 2025.
Jeanie Buss is confident in the future of the Lakers after selling majority stake in the team for $10 billion and striking the largest sale ever of a U.S. pro sports franchise.
Jeanie Buss will be in charge of the Los Angeles Lakers for the foreseeable future despite the family selling the franchise to businessman Mark Walter for $10 billion.
The sale of the Los Angeles Lakers may have more layers involved, as the covenants of the Buss Family Trust have been cited as a potential reason for the sale.
Buss was able to bring in LeBron James, Anthony Davis, and Luka Doncic, and she only won one title. There was also the post-Kobe era in which the team flat-out stunk for a while.
The Buss family were known as the majority owners of the Los Angeles Lakers until 2025. Purchased by the late Jerry Buss in the ’70s, his 66 percent stake in the basketball team was passed down ...