Buss Family Reportedly Selling Remaining Stake in Los Angeles Lakers
The Buss family is reportedly selling their remaining stake in the Los Angeles Lakers, according to sources cited by ABC7 Los Angeles.
Los Angeles, CA, August 17, 2026 —
The Buss family is reportedly in the process of selling its remaining stake in the Los Angeles Lakers, according to sources cited by ABC7 Los Angeles. This potential sale marks a significant shift in the ownership of the storied NBA franchise, which has been associated with the Buss family for decades.
The specifics of the transaction, including the buyer and the financial terms, have not yet been publicly disclosed. The report indicates that the family aims to divest its entire remaining ownership interest in the team.
The Los Angeles Lakers, a team with a rich history and a large global fanbase, have been under the control of the Buss family since 1979 when Dr. Jerry Buss purchased the franchise. Following Dr. Buss’s passing in 2013, control of the team was transferred to his children, who have since managed its affairs. This reported sale would signify the end of an era for the Lakers and their long-standing ownership family.
Further details regarding the timeline of the sale and the identity of the potential new owners are expected to emerge as the process unfolds. The NBA requires approval for any significant change in team ownership, a step that would follow any agreement reached between the sellers and buyers.
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