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Bob Iger

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Buss Legacy Under Strain as Lakers Ownership Drama Unfolds
sports3 days ago

Buss Legacy Under Strain as Lakers Ownership Drama Unfolds

Byron Scott says Dr. Jerry Buss wouldn’t be happy with the Lakers’ current ownership drama, as the Buss family fights over shares after Mark Walter’s sale to Bob Iger and Josh Kushner, which Jeanie Buss is contesting. Scott urges the new owners to emulate Buss’s fair, family-first leadership and keep the franchise’s culture intact, noting the rapid sale embarrassed the family and highlighting the tension between tradition and modern ownership.

via Lakers Nation|
#bob-iger#jeanie-buss#jerry-buss
Private Equity Bets Big on Pro Sports as Lakers Sale Signals a Boom in Team Ownership
business4 days ago

Private Equity Bets Big on Pro Sports as Lakers Sale Signals a Boom in Team Ownership

Private equity investment in professional sports is rising as stable media rights and arena-related revenues attract investors. The Lakers’ sale to Thrive Capital’s Joshua Kushner and Bob Iger exemplifies a growing trend where PE firms pursue long-horizon, high-value stakes, with large portions of sports M&A driven by private-equity activity—despite higher valuations and ongoing governance considerations.

via Los Angeles Times|
#bob-iger#business#lakers
Shaq Sees Buss Family Lakers Exit as a Monumental Business Move
business4 days ago

Shaq Sees Buss Family Lakers Exit as a Monumental Business Move

Shaquille O’Neal says he admires the Buss family’s decision to sell their Lakers shares to Bob Iger and Josh Kushner for $12.5 billion, calling it a monumental business move; Jeanie Buss may challenge the sale, potentially triggering a legal battle, while a path for her to stay governor could involve buying back a stake, and reporter Shams Charania stands by his coverage amid the dispute.

via Lakers Nation|
#bob-iger#business#buss-family
Lakers Ownership Drama: Jeanie Buss Eyes Family Share Buyout as Iger/Kushner Deal Looms
sports6 days ago

Lakers Ownership Drama: Jeanie Buss Eyes Family Share Buyout as Iger/Kushner Deal Looms

The Lakers’ ownership saga intensifies as Jeanie Buss reportedly weighs buying out her siblings’ shares to stay governor, a move that could require keeping at least 15% ownership and may be woven into a deal with Mark Walter that would see Bob Iger and Josh Kushner take over his stake and governorship. Jeanie publicly pushed back at Shams Charania’s reporting that the siblings planned to sell, while Charania defended his reporting on a Pat McAfee appearance. Separately, Walter allegedly explored a loan against his Lakers stake with Apollo Global Management as the sale to new owners looms, underscoring the urgency to cash out and the possibility that a sale may be the cleaner outcome.

via Silver Screen and Roll|
#bob-iger#jeanie-buss#josh-kushner
Lakers sale tests Jeanie Buss’s grip on the franchise as siblings seek to cash out
business6 days ago

Lakers sale tests Jeanie Buss’s grip on the franchise as siblings seek to cash out

Jeanie Buss, the Lakers’ controlling owner since 2013, faces a family dispute as her siblings plan to sell their remaining 17.8% stake to incoming buyers Josh Kushner and Bob Iger, a move that could jeopardize her 15% ownership threshold. The NBA has not yet approved the sale, and Jeanie’s camp argues that co-trustees cannot proceed without her consent, while the siblings insist they are united in selling the stake and exiting. The sale follows the 2025 transfer to Mark Walter and leaves the franchise in regulatory and leadership limbo, even as on-court fortunes waver.

via USA Today|
#bob-iger#business#buss-family-trust
Jeanie Buss fights to block Lakers stake sale amid Iger-backed bid
business7 days ago

Jeanie Buss fights to block Lakers stake sale amid Iger-backed bid

Jeanie Buss is attempting to block the Buss family’s remaining 17.8% stake in the Los Angeles Lakers from being sold to the Bob Iger–led group (with Josh Kushner) as part of a wider $12.5 billion deal for controlling interest; her lawyer says she must approve any sale as a co-trustee to maintain a minimum 15% ownership and calls the proposed vote void, signaling a fiduciary dispute within the family.

via BBC|
#bob-iger#business#buss-family
Jeanie Buss Battles Family Sale of Lakers Stake to Iger and Kushner, Citing Controlling-Owner Rule
sports7 days ago

Jeanie Buss Battles Family Sale of Lakers Stake to Iger and Kushner, Citing Controlling-Owner Rule

Jeanie Buss is seeking to halt the Buss family’s plan to sell the Lakers’ remaining stake to Bob Iger and Josh Kushner, arguing that a 2017 court order requires cotrustees to maintain at least 15% ownership so she can remain the controlling owner; the 17.8% sale announced by the family values the deal at $12.5 billion and would leave Iger and Kushner with about 83% of the team, but NBA approval is still pending for the sale.

via Al Jazeera|
#bob-iger#jeanie-buss#josh-kushner
Jeanie Buss blocks family plan to sell Lakers stake, citing controlling-owner protections
sports7 days ago

Jeanie Buss blocks family plan to sell Lakers stake, citing controlling-owner protections

Jeanie Buss is contesting her siblings’ vote to sell the Buss family’s remaining 17.8% stake in the Los Angeles Lakers to Josh Kushner and Bob Iger for $12.5 billion, arguing a 2017 court ruling requires co-trustee approval and that the deal could strip her of controlling ownership through 2030, potentially complicating the sale though Iger has indicated he would honor her controlling status if possible.

via ABC7 Los Angeles|
#bob-iger#jeanie-buss#kushner
Downey Jr.’s Four-Word Tribute to Iger at D23
entertainment7 days ago

Downey Jr.’s Four-Word Tribute to Iger at D23

Robert Downey Jr. saluted Bob Iger with the four words “Fortune favors the brave” as Iger was inducted a Disney Legend at D23, praising his courage and bold leadership that helped shape Disney through major acquisitions; Iger is stepping back from the CEO role to become a senior adviser with Josh D’Amaro succeeding him, while remarks at the ceremony highlighted his half‑century arc with Disney and Iger’s ongoing influence alongside fellow honorees like Anne Hathaway and Lin-Manuel Miranda.

via New York Post|
#bob-iger#d23#disney
sports-business8 days ago

Jeanie Buss blocks Lakers stake sale to Iger and Kushner, citing controlling ownership

Jeanie Buss opposes selling her family's 17.8% stake in the Los Angeles Lakers to Bob Iger and Joshua Kushner, stating she remains the controlling owner per a 2017 court order and any sale requires consent of the co-trustees. The letter argues that a sale would breach fiduciary duties if the co-trustees vote otherwise, and notes the deal would have given Iger and Kushner about 83% overall ownership after purchasing Mark Walter’s stake; Buss says she wants to hold the stake for value and to maintain her governor role as the matter unfolds.

via CNBC|
#bob-iger#jeanie-buss#joshua-kushner
Lakers Sale Moves Forward as Buss Family Plans Exit, Jeanie’s Governor Role in Jeopardy
business8 days ago

Lakers Sale Moves Forward as Buss Family Plans Exit, Jeanie’s Governor Role in Jeopardy

The Buss family intends to sell its remaining Lakers shares, which would force Jeanie Buss to relinquish her governor title under NBA rules and end the Buss era after decades with the franchise. The sale follows Mark Walter’s deal to transfer controlling ownership to Bob Iger and Josh Kushner at a $12.5 billion valuation. The Buss Family Trust must secure at least four of six votes to authorize the sale, with trustees including Jeanie, Janie and Joey Buss; if completed, ownership would shift away from the Buss family and Jeanie’s governorship would likely end, though it’s unclear how she voted or what role she’ll play going forward.

via The New York Times|
#bob-iger#business#buss-family