Key Takeaways

Jeanie Buss reportedly felt blindsided after Mark Walter agreed to sell the Lakers for $12.5 billion just 10 months after buying the franchise from her family.

Walter negotiated the deal with Bob Iger and Josh Kushner over 72 hours, despite a written agreement intended to keep Buss in charge for five seasons.

Buss is also fighting her five siblings over selling the family trust’s remaining 17.8% stake, which could cost her the controlling-governor role under NBA ownership rules.

Jeanie Buss reportedly learned that Mark Walter had agreed to sell the Los Angeles Lakers for $12.5 billion only hours before the rest of the world did.…