08-13-2026, 05:30 AM
(This post was last modified: 08-13-2026, 05:31 AM by HoosierDaddyKid.)
As The Athletic first reported last summer, Buss’s agreement with the Walter group stipulated that she would remain the team’s governor for at least five years. What’s more, it’s worth remembering that the NBA strongly dislikes governorships changing hands on any frequent basis. Per league sources, that’s why the five-year term approach (at minimum) was prioritized in the previous deal and driven by the league’s preferences. So, what’s next for the Lakers? Here’s what we know: Jeanie Buss will apparently remain governor for at least another four years, as was agreed upon when she sold the team to Walter. But while Iger told The Post he has “every intention to honor the agreement,” there was a caveat. “If things change, they’ll change,” Iger told The Post. “But we’re going into this with enormous respect and appreciation for who she is and what she represents in the organization.” Iger has already reached out to Buss and Lakers coach JJ Redick, whom he has known since Redick’s playing days with the LA Clippers. From what we’re told, the sale is for Walter’s shares in the Lakers. It doesn’t affect Walter’s ownership of the Los Angeles Sparks or his ownership of the back-to-back World Series champion Los Angeles Dodgers. Iger and Kushner immediately jumped at the opportunity, coming to an agreement to buy the Lakers within three business days.
New York Times
New York Times