Buss family sells Lakers stake, ending an era for one of NBA's marque… | HappeningNow.news

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Buss family sells Lakers stake, ending an era for one of NBA's marquee franchises

The Buss family is selling its remaining 17.8% in the Los Angeles Lakers to Josh Kushner and Bob Iger at a $12.5 million valuation, according to ESPN .

Source CBS Sports Story Brief Updated 1h 00m ago
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Read time 1 min ~133 words

Story Brief

The Buss family is selling its remaining 17.8% in the Los Angeles Lakers to Josh Kushner and Bob Iger at a $12.5 million valuation, according to ESPN . "We have decided as a family to sell the remaining Buss Family Trust shares to the Bob Iger group as part of the ongoing transaction," the Buss family said in a statement.

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