The Buss family plans to sell their remaining 17.8% stake in the Los Angeles Lakers to new majority owners Bob Iger and Josh Kushner, ending their era with the franchise after 11 NBA championships. Jeanie Buss, who has served as team governor since 2013, will no longer hold that position. The deal, part of a $12.5 billion transaction, awaits approval from the NBA Board of Governors. Jerry Buss originally purchased the Lakers in 1979 for $67.5 million.
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Buss family to sell remaining shares in Lakers
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