Event Thread

Lakers Family Sells Stake to Dodgers Owner Amid Controversy

The Los Angeles Lakers have completed a significant ownership transition with the sale of the franchise to a new group led by Josh Kushner and Bob Iger, ending the Buss family's 25-year tenure. This move follows Mark Walter's $10 billion deal, marking a shift in sports ownership dynamics. Concurrently, Jeanie Buss has petitioned to block her siblings from selling their 17.8% stake in the Lakers, citing concerns over her potential removal from her role as team governor. However, the Buss family's influence appears to extend beyond basketball, with Joey and Jesse Buss joining the Padres ownership group, signaling a strategic pivot. The Buss brothers' new venture with the Padres will leverage their sports industry experience, aiming to enhance community engagement and deepen fan connections. The sale of the Padres to José Feliciano and Kwanza Jones on August 17 completes this evolving landscape in sports ownership.

Active — last development 2026-08-27 · 8 chapters ·first seen 2026-08-18

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