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Lakers Sale Shows Family Trusts Matter More Than Billion Dollar Deals

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Lakers Sale Shows Family Trusts Matter More Than Billion Dollar Deals
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The Los Angeles Lakers changed hands again in just 72 hours, a deal reported at $12.5 billion as the new NBA season began. The transaction creates a new ownership group led by Bob Iger, the former Disney CEO, and Josh Kushner, but it does not settle the long-running Buss family dispute. Even after previous sales, six siblings remain at odds over control and money, leaving uncertainty that could spill into the team’s day-to-day stability. The new owners are betting on a roster built around Luka Doncic, who scored 52 points in a 3–0 start. Still, Jeanie Buss retains control for five more years, while ESPN reported earlier votes and family trust rules have left younger brothers Joey and Jesse Buss dissatisfied.

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