Los Angeles, CA, August 17, 2026 —

The Buss family, long associated with the Los Angeles Lakers, is reportedly planning to sell their remaining stake in the storied National Basketball Association franchise, according to a report by NBC Los Angeles.

The details surrounding the potential sale have not been fully disclosed. It remains unclear who the potential buyers might be or the timeline for any transaction.

The Buss family has been a significant figure in the Lakers’ history for decades. Jerry Buss purchased the team in 1979, and under his ownership, the Lakers achieved considerable success, winning multiple NBA championships. Following Jerry Buss’s passing, control of the team largely transitioned to his children.

Currently, the extent of the Buss family’s remaining ownership stake and the valuation of that stake were not provided in the report. Further information regarding the specifics of the potential sale, including any formal announcements or confirmed agreements, has not yet been made public.

The Los Angeles Lakers are one of the most valuable franchises in the NBA, with a global fanbase and a rich history of athletic achievement. Any change in ownership of this magnitude is expected to draw significant attention from sports and business communities alike.

NBC Los Angeles is cited as the source for this developing story. As of now, official confirmation from the Buss family or the Lakers organization regarding the sale of their remaining stake has not been issued.



Story summarized from the original created by Google News on news.google.com, see more information here.

About The Author