Bob Iger, Josh Kushner shockingly purchase Lakers months after Mark Walter became majority owner

Mark Walter's time as the majority owner of the Los Angeles Lakers is up after less than a year. We have immense respect for the leadership and vision of Jerry and Jeanie Buss," Kushner and Iger said in a statement, via ESPN. I am grateful to Jeanie Buss, the Buss family, the players, and the staff for welcoming me into this chapter. The Lakers belong to Los Angeles, and I have every confidence the best is still ahead," Walter said in a statement. Walter remains the CEO of Guggenheim Partners and the majority owner of the Los Angeles Dodgers.