It came as a pretty big shock when it was announced that the Jeanie Buss and the Buss family were selling their majority stake of the Los Angeles Lakers to L.A. Dodgers owner Mark Walter for a $10 billion valuation. It felt like the Buss family would always own the Lakers, but they ultimately chose to sell to Walter who already had a minority ownership stake in the franchise.
The sale has now become official after getting approved by the NBA Board of Governors, who voted unanimously in favor of the deal. But ever since this deal was in the works it had been reported that Jeanie would remain part of the organization, continuing in her role as team Governor for the foreseeable future, and now there is a timeframe on that.