According to Espn, historical owners have an agreement for the sale of the majority package to the minority shareholder
The Los Angeles Lakers, one of the most iconic franchises of the NBA, is about to change master. According to what is anticipated by Espn, the Buss family who has controlled the deductible since 1979 has an agreement to give up the majority package to Mark Walter, a minority shareholder for years. The figure of the sale is not yet leaked, but according to the first rumors Jeanie Buss, current president, would remain as Governor and would represent the Lakers at the assemblies of the NBA owners. Each agreement must be ratified by the League to become effective.
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Jerry Buss had bought the Lakers in 1979, for an agreement of 67.5 million dollars then which also included the transfer of ownership of Chrysler Building, one of the most iconic skyscrapers in New York. Buss arrived at the Lakers the same year of Magic Johnson, forming a relationship with the star of the showtime team that went beyond that between an owner and the team of the team. The Buss family has maintained control of the team even after the death of the patriarch, with her daughter Jeanie in recent years at the helm. Walter entered the ownership of the Lakers in 2021: the most glamorous deductible of the NBA would become the flagship of a wallet of sports investments that includes interests in the MLB Dodgers, in the Sparks of Wnba, in the Billie Jean Cup, in the Cadillac in Formula 1.