From Complex · · 50s
Jeanie Buss Stunned by Lakers Sale
Jeanie Buss learned Mark Walter sold the Lakers for $12.5 billion just 10 months after buying them.
In brief
Jeanie Buss learned Mark Walter sold the Lakers for $12.5 billion just 10 months after buying them. Jeanie Buss was blindsided when Mark Walter sold the Lakers for $12.5 billion after 10 months of ownership. Originally reported by Complex.
Jeanie Buss Stunned
Jeanie Buss reportedly felt blindsided after Mark Walter agreed to sell the Lakers for $12.5 billion just 10 months after buying them.
“stunned”
72-Hour Deal
Walter negotiated the sale with Bob Iger and Josh Kushner over 72 hours despite a written agreement to keep Buss in charge for five seasons.
Price Jump
The sale price jumped 25% from Walter’s $10 billion purchase in 2025 to $12.5 billion.
Family Trust Fight
Jeanie Buss fights her five siblings over selling the family trust’s remaining 17.8% stake, risking her controlling-governor role.
The big picture
Jeanie Buss was blindsided when Mark Walter sold the Lakers for $12.5 billion after 10 months of ownership.
