The Lakers’ ownership saga over the last three weeks has been dizzying, to say the least.
Mark Walter agreed to sell his shares of the Lakers to Josh Kushner and Bob Iger at a historic valuation of $12.5 billion, less than a year after Walter bought the team from the Buss family.
Advertisement
All while Walter’s business empire is facing a federal investigation into potential loan fraud and business wrongdoings.
As for the Buss family, it has another date in court as current Lakers governor Jeanie Buss attempts to block her five siblings (Jim, Johnny, Janie, Joey and Jesse Buss) from selling the family’s 17.8% share of the Lakers to Kushner and…
Read the full article at SPORTS.YAHOO.COM
