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As lakers owner jeanie buss told me recently on the 'tampering' podcast, the covert nature of it all was necessary for her to keep her brother and former lakers executive jim buss from wrestling away controlling interest of the franchise. Jeanie buss will be in charge of the los angeles lakers for the foreseeable future despite the family selling the franchise to businessman mark walter for $10 billion Following the sale of the los angeles lakers, it was revealed that jeanie buss will remain team governor for at least five years.

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Although the buss family has officially relinquished its majority control, jeanie buss will remain governor for at least five years, retaining a minimum 15% stake in the franchise We now have a timeline for that changeover. “i also want to thank and congratulate jeanie buss and the buss family for 46 years of transformational leadership and service,” silver added.

Yet, it remains somewhat confounding that los angeles and its longtime owner, jeanie buss, would let go of the franchise.

Jeanie took over as the lakers’ governor after her father, jerry buss, died in 2013, and left the franchise to his six children Mark walter is taking over as the lakers’ majority owner. Espn's shams charania reported this shocking news on wednesday afternoon, just seven days before the 2025 nba draft The late jerry buss family purchased the lakers in 1979 for $67.5 million and.

New los angeles lakers owner mark walter has a plan in place for when the franchise will move on from jeanie buss's control