Silver Screen and Roll
Silver Screen and Roll • • sports
Key Points:
- Jeanie Buss may explore buying out her siblings' shares in the Buss Family Trust to maintain control, but it is uncertain if the other siblings are willing to sell or if Jeanie has sufficient funds.
- A contract signed with Mark Walter requires Jeanie to remain Lakers governor for at least five years, a condition now reportedly part of the deal with new owners Bob Iger and Josh Kushner, which may explain her insistence on retaining a 15% ownership stake.
- Jeanie Buss’s legal team accused ESPN reporter Shams Charania of spreading false information about the Buss family selling their Lakers stake, prompting Charania to publicly defend his reporting.
- Mark Walter, former Lakers owner, attempted to secure a multibillion-dollar loan against his Lakers stake with Apollo Global Management before ultimately agreeing to sell his ownership to Iger and Kushner, suggesting the sale was a financially prudent move.
