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Los Angeles Lakers governor Jeanie Buss is set to remain with the team for the foreseeable future.
The Los Angeles Lakers were sold for a record-high valuation earlier this summer, but they are expected to keep Jeanie Buss in control of the team.
Jeanie Buss remains in charge of the Lakers and anticipates finalizing a $10 billion sale of the franchise to minority stakeholder Mark Walter later this year.
Before the sale is made official, the Buss family, who have owned the team since 1979, made a statement on the changing ownership. “The Buss family is deeply honored to have looked after this ...
The plan is for Buss to remain in the position for “years,” according to sources familiar with the agreement. The release also says the sale is expected to close in the third or fourth quarter ...
Jeanie Buss will be in charge of the Los Angeles Lakers for the foreseeable future despite the family selling the franchise to businessman Mark Walter for $10 billion.
“The Buss family is deeply honored to have looked after this incredible organization for almost half a century,” Buss said in the release, her first comments since the sale.
Alexander: Jerry Buss’ ownership of the Lakers transformed the NBA His innovations, upon buying the franchise in 1979, turned it into L.A.’s hottest ticket and changed sports history ...
The Los Angeles Lakers are no longer owned by the Buss family. For the first time since 1979, someone with a different last name will be the controlling owner of the team. Jeanie Buss took over ...