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• Buss Family Fractured By Infighting Before Lakers Sale Closed
Jeanie Buss fired all five of her siblings from Lakers positions in November, marking the final chapter of a decade defined by familial strife and broken trust. The dismissals came nearly three weeks after the $10 billion sale to Mark Walter closed in late October.
Brothers Jim and Johnny, who held administrative roles, were terminated along with sister Janie, who was 62 and near retirement. Broth...2026
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• Jeanie Buss To Remain Governor Of Lakers For At Least Five More Seasons
Jeanie Buss will remain governor of the Los Angeles Lakers for at least the next five seasons, a team source tells The Athletic. The Buss family agreed to sell their majority stake in the Lakers to Mark Walters last month. The sale agreement between Buss, Walter and the NBA will allow her to remain in her role.
The Lakers were sold at a $10 billion valuation and it was unclear exactly how long Bus...2025
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• Buss Family Sells Lakers Majority Ownership Amid Rising NBA Costs
The Buss family has sold their majority stake in the Los Angeles Lakers amid escalating operational costs in today's NBA landscape. Mark Walter will purchase the Lakers at a $10 billion valuation and is better positioned from a cash perspective than the Buss siblings. The transaction addresses financial constraints that have limited the franchise's competitiveness against deep-pocketed ownership g...2025
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• Buss Family Split On $5 Billion Lakers Sale, Jeanie Buss Likely Provided Swing Vote
When the Buss siblings voted on whether to sell a majority stake of the Los Angeles Lakers to a group led by Mark Walter, the decision was reportedly not unanimous. Jeanie Buss was considered the swing vote between her three siblings from Dr. Jerry Buss' first marriage and a pair of younger siblings from his second marriage who each currently work in basketball operations for the Lakers.
Because J...2025
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• Lakers Sold By Buss Family To Mark Walter At $10B Valuation; Jeanie Buss To Remain Governor
The Buss family has agreed to sell a majority ownership of the Los Angeles Lakers at a valuation of $10 billion to Mark Walter, who is CEO and chairman of TWG Global. Jeanie Buss will continue to serve in her role as Governor of the Lakers after the sale.
Walter earned the first right of refusal if the Buss family ever decided to sell their 66 percent stake when he purchased Phil Anschutz' 26 perc...2025
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• Buss Family Agree To Sell Majority Stake In Lakers To Mark Walter At $10B Valuation; Jeanie Buss To Remain Governor
The Buss family has agreed to sell a majority ownership of the Los Angeles Lakers at a valuation of $10 billion to Mark Walter, who is CEO and chairman of TWG Global. Jeanie Buss will continue to serve in her role as Governor of the Lakers after the sale.
Walter earned the first right of refusal if the Buss family ever decided to sell their 66 percent stake when he purchased Phil Anschutz' 26 perc...2025
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• True story of Lakers, Dr. Jerry Buss drafting Magic Johnson, per Jeanie Buss
When Dr. Jerry Buss decided to draft Magic Johnson to the Los Angeles Lakers, he probably anticipated the start of the “Showtime era.” After all, as Jeanie Buss said it, her father saw that swagger in him. Speaking on SiriusXM NBA Radio, Jeanie reflected on that fateful 1979 decision that had a major impact on […]
The post True story of Lakers, Dr. Jerry Buss drafting Magic Johns...2022
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• LeBron, Magic offer condolences to Jeannie Buss after her mother passed away
The Los Angeles Lakers suffered a terrible loss on Monday, as JoAnn Buss, the wife of former Lakers governor Dr. Jerry Buss and mother of current governor Jeanie Buss, passed away. The team sent out a statement Monday announcing her passing, asking fans to donate to The American Cancer Society or the Lakers Youth Foundation, rather than send flowers. LeBron James and Magic Johnson both took to soc...2019
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• Jerry West wanted Tracy McGrady with Kobe and Shaq
Remember the Kobe-Shaq Lakers? Moreover, remember how incredibly dominant they were? Well, Jerry West wanted even more. Turns out, he also wanted Tracy McGrady.Dear God.And ahead of the 1997 NBA draft, Lakers head coach Del Harris knew it.“I don’t think anybody can look at an 18-year-old and say he’s a Hall of Famer,” says Harris.But that isn’t all.“You couldn’t even do that with Jordan. And Kobe ...2017
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• Jim Buss once tried to offer Kobe Bryant shares of Lakers
Here we have some further evidence that Jim Buss was in over his head during his time as Los Angeles Lakers head of basketball operations.According to a feature by ESPN’s Ramona Shelburne on Tuesday, Buss attempted to offer shares of the franchise to Lakers legend Kobe Bryant last season as “a show of appreciation.” But the family trust reportedly does not allow for that sort of transfer, somethin...2017