The Buss family’s decision to sell a controlling stake in the Los Angeles Lakers at a franchise valuation of $10 billion ...

The Buss family has agreed to sell a majority stake in the Los Angeles Lakers to billionaire Mark Walter, valuing the iconic ...

“The majority of businesses in this country are family-owned businesses,” Jeanie Buss told NPR earlier this year in a rare interview to promote a Netflix comedy series based on her career.

Jeanie Buss hasn't yet announced her reasons for agreeing to sell her inheritance, and she will remain the Lakers' governor — at least for now, because a governor must own at least 15% of the team.

FILE - Los Angeles Lakers President Jeanie Buss dances in her seat to music as she attends the NBA basketball game between the Lakers and the Los Angeles Clippers in Los Angeles, Oct. 29, 2013.

"The majority of businesses in this country are family-owned businesses," Jeanie Buss told NPR earlier this year in a rare interview to promote a Netflix comedy series based on her career.

Jeanie Buss hasn't yet announced her reasons for agreeing to sell her inheritance, and she will remain the Lakers' governor — at least for now, because a governor must own at least 15% of the team.

“The majority of businesses in this country are family-owned businesses,” Jeanie Buss told NPR earlier this year in a rare interview to promote a Netflix comedy series based on her career.