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A contentious proposal to transfer a 17.8% minority share of the Los Angeles Lakers to Josh Kushner and Bob Iger has ignited a family feud, with the team’s governor warning that the deal would end her role and violate longstanding agreements.
Jeanie Buss, the controlling owner of the Los Angeles Lakers, is suing to block a $12.5 billion transaction that would hand a 17.8 percent minority stake to investors Josh Kushner and former NBA chief executive Bob Iger, threatening her grip on the franchise's governance.
The sale marks the end of a 47‑year family stewardship of the franchise and sets the stage for a new era under Josh Kushner and Bob Iger.