The Buss family has decided to sell its remaining ownership stake in the Los Angeles Lakers, marking a major ownership shift for one of the NBA’s most prominent franchises.
With the sale, Jeanie Buss will no longer remain the Lakers’ governor, ending her tenure in the franchise’s top ownership leadership role. Buss has been closely associated with the organization’s modern era and has served as one of the league’s most visible team executives.
A Significant Change for the Lakers
The Lakers are among the NBA’s most recognizable and successful franchises, with a history defined by championship success, star players and a global fan base. A change at the governor level represents a notable development for the organization’s leadership structure.
No additional details were provided regarding the terms of the sale or the timing of the transition. The decision signals the end of the Buss family’s remaining ownership position in the team.