Buss Family Releases Statement On Decision To Sell Remaining Lakers Ownership Stake

The Los Angeles Lakers organization is undergoing some major changes as Mark Walter decided to sell his majority ownership stake in the team to Bob Iger and Josh Kushner for a $12.5 billion valuation just one year after he bought the team from Jeanie and the Buss family.

Customize Your Newsletter

Yardbarker +

Get the latest news and rumors, customized to your favorite sports and teams. Emailed daily. Always free!