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Jeanie Buss, Family Agree To Sell Majority Stake Of Lakers, Largest Sale Ever | TMZ TV
TMZ
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6/20/2025
Jeanie Buss and her family have agreed to unload their majority stake of the Lakers, selling the team to L.A. Dodgers owner Mark Walter -- the largest sale of a sports franchise in history!!
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📺
TV
Transcript
Display full video transcript
00:01
Time for the TMZ SAT!
00:04
Question 1.
00:05
If the LA Lakers are worth $10 billion
00:07
and majority owners Jeannie Buss and her family
00:09
sell a bunch of their steak, what has she earned?
00:12
And the answer is...
00:13
Money!
00:15
What do you want? We're not math people.
00:17
Jeannie Buss is selling her steak,
00:20
her family's steak, in the Los Angeles Lakers.
00:24
$10 billion!
00:25
Yeah, so that's the valuation.
00:26
Yes, that's what the Lakers are worth.
00:28
And since Jeannie sold a good chunk of her family's steak,
00:31
she's coming into some serious cabbage.
00:34
But the Buss family ain't out of the picture.
00:36
They're definitely going to retain some ownership.
00:38
It's unclear how much.
00:39
And Jeannie is going to run the team,
00:40
at least for the next few years.
00:42
So she's going to be very much still involved.
00:44
So who bought the Buss family's steak?
00:46
So it's a guy who already owns part of the Lakers,
00:48
Mark Walter.
00:49
He also owns a big chunk of the Dodgers.
00:52
The guy that owned the Dodgers now owns the Lakers?
00:55
He owns both.
00:56
Wow, maybe they'll play against each other
00:59
in the World Series Finals.
01:01
Just because that's not a thing yet,
01:03
don't mean it can't happen.
01:04
Point is, Jeannie and her family are going to make
01:06
some serious simoleons.
01:08
Does that all hit your account at one time?
01:10
No, they're not.
01:11
No.
01:12
No, does it?
01:13
Like, do you open up your app and it's just like,
01:14
oh my God, $10 billion?
01:16
Okay, first of all, she's not getting $10 billion.
01:18
And secondly, it'd probably come in the form of a novelty check.
01:21
So, what's the takeaway from the big Lakers sale?
01:24
Jay Moore hit the lottery!
01:28
Hey, Jay won the lottery when he married Jeannie Buss
01:31
because of love!
01:33
But money is also good too,
01:35
because it can be exchanged for goods and services.
01:37
Congrats, Jeannie!
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