Buss family reported to be selling minority Lakers stake to Kushner and Iger
FOX Sports says the sale is happening; the size of the stake, the price and the timing are all still missing from the public record.
What was reported
FOX Sports reported that the Buss family intends to sell a minority ownership stake in the Los Angeles Lakers to Kushner and Iger, citing other reports. The account was carried as confirmed as of 18 August 2026.
That is the whole of what is currently on the record in the material available. There is no disclosed percentage, no valuation, no purchase price, and no stated closing date. Nor is there any indication in the reporting of whether the transaction has been put in front of the NBA's Board of Governors, which is the body that ultimately signs off on ownership changes.
Why the gaps matter
For anyone tracking franchise valuations, a minority sale is only informative once the two numbers that define it are public: the share being sold and the money changing hands. Those two figures together imply a valuation for the whole club, and it is that implied number — not the identity of the buyers — that moves the comparison set for other NBA teams. Without them, the report establishes direction of travel and nothing more.
The second unknown is control. Minority stakes in US sports franchises range from passive, non-voting positions to holdings with governance rights and defined paths to future increases. The reporting as it stands does not distinguish between those outcomes, so it says little about whether the Buss family's day-to-day authority over the Lakers is affected.
Until the terms are filed or announced, the safest reading is narrow: a named seller, two named buyers, an unspecified slice of one of the most valuable properties in American sport.
