Mark Walter is selling his shares of the Los Angeles Lakers to Josh Kushner and Bob Iger for a record $12.5 billion amidst a federal investigation into his business practices. The Buss family’s Jeanie Buss is trying to block her siblings from selling their 17.8% stake, which could jeopardize her role as governor if they succeed. Support from minority owners like Dr. Patrick Soon-Shiong and Ed Roski Jr. complicates her options to acquire enough shares to remain in power. Buss faces significant challenges in her legal battle and potential ownership negotiations.
Want More Context? 🔎



