government
Buss family will sell minority ownership stake in Lakers to Kushner and Iger, reports say
Summary by The Los Angeles Editorial Desk The Associated Press , as published by LAist (KPCC / Southern California Public Radio)
· August 17, 2026
· 1 min read
Photo: LAist (KPCC / Southern California Public Radio) · view original
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Summary created by The Los Angeles Editorial Desk — automated, rule-governed Byline on source page The Associated Press, as published by LAist (KPCC / Southern California Public Radio) Original story Read at the source Source published Aug 17, 2026 Indexed here Aug 18, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points The Buss family's decision was made collectively by the six children of the late owner. Further details about this transaction are available from sources such as ESPN and The Athletic, which initially reported the news.
A significant change is underway for the Los Angeles Lakers. The team's ownership structure is being altered as the Buss family relinquishes its stake. This development marks the end of a long era for the family, which has been involved with the team for nearly five decades.
The new owners, who recently acquired a majority stake, will now take full control. The Buss family's decision was made collectively by the six children of the late owner.
Further details about this transaction are available from sources such as ESPN and The Athletic, which initially reported the news.
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Category: government Published: August 17, 2026 Source: LAist (KPCC / Southern California Public Radio) Reading time: 1 min
Frequently asked about this story
What is this story about? A significant change is underway for the Los Angeles Lakers. The team's ownership structure is being altered as the Buss family relinquishes its stake. This development marks the end of a long era…
When was this published? This article was first published on August 17, 2026 by LAist (KPCC / Southern California Public Radio) and curated for The Los Angeles readers.
Who reported this story? This story was reported by The Associated Press at LAist (KPCC / Southern California Public Radio). To learn more about how The Los Angeles selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more government coverage from The Los Angeles, or browse our daily briefing and topic hubs .
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