What happens to Jeanie Buss after Lakers sale? Governor status explained

With the sale of the Los Angeles Lakers to billionaire businessman Josh Kushner and former Disney CEO Robert Iger for a reported $12.5 billion, the question remains about the status of team governor Jeanie Buss.

As Lakers governor, Buss serves as the main decision-maker in all business matters and represents the team at the NBA’s Board of Governors meetings. Team governors must maintain at least a 15% ownership of a franchise to continue in the governor’s role.

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Buss remained a team governor despite the 2025 sale of the team to Mark Walter, Los Angeles Dodgers and Chelsea soccer team owner, for $10 million.

Buss, 64, has been governor of the team since 2013, when her father, Dr. Jerry Buss, died, leaving the franchise in the hands of his six children. Buss was then named controlling owner of the team in March 2017.

Jeanie Buss status with Lakers

According to the terms of the sale of the team to Walter, it stipulated that Buss would remain the team’s governor for at least the next five years. This continues the family’s involvement with the team since Dr. Buss first bought the team in 1979.

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How much were Lakers sold for?

The Los Angeles Lakers are being sold for a record $12.5 billion less than two years after Los Angeles Dodgers co-owner and TWG Global CEO Mark Walter bought the team from the Buss Family. The deal was first reported by ESPN.

The sale to businessman Joshua Kushner and former Disney CEO Robert Iger would mark the highest amount ever paid for a North American sports franchise, surpassing the $10 billion that Walter paid for the Lakers.

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All-time Los Angeles Lakers legends who shaped the game

Jerry West (#44) played 14 seasons from 1960-1974 with the Lakers and was a force who never left the NBA once he got there, according to USA Today’s Jeff Zillgitt. The Hall of Famer, pictured here in action against the Cincinnati Royals, was remembered for his imprint as a shooting guard and builder of teams. His impact remains visible in today’s NBA and he went on to touch generations of teams and players, including LeBron James, who talked to West about winning and losing.

(Malcolm…


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Publish date : 2026-08-12 18:05:00

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