Shaquille O'Neal Understands Why Buss Family Wants To Sell Remaining Shares In Lakers
Lakers Nation • • sports
Key Points:
- Mark Walter is reportedly selling his majority shares of the Los Angeles Lakers to Bob Iger and Josh Kushner for a record $12.5 billion, with the Buss family also agreeing to sell their remaining shares to the buyers.
- Lakers governor Jeanie Buss has expressed her intention to void the sale, potentially leading to a legal battle with her siblings who support the transaction.
- Shaquille O’Neal praised the Buss family’s business decision, acknowledging the significant profit from their original purchase to the current sale price and wishing them well.
- If Jeanie Buss’s legal challenge fails, she may attempt to buy back a 15% stake in the team to remain as Lakers governor, though details of this plan are unclear.
- ESPN reporter Shams Charania defended his coverage of the sale amid disputes from the Buss family, affirming his reporting is accurate based on majority votes within the family trust, while the legal situation remains unresolved.
