The Buss family has agreed to sell their remaining 17.8% stake in the Los Angeles Lakers to new majority owners Joshua Kushner and Robert Iger. This decision follows their recent record $12.5 billion purchase agreement for the franchise, finalized on August 12. The Buss family expressed their love for the Lakers and fans but stated it was time to exit gracefully. This development comes just ten months after the team was sold by the Buss Family to Mark Walter.
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Buss Family to Sell Remaining Stake in Lakers
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