Jeanie Buss, her lawyer, push back on report Buss family to sell remaining stake in Lakers
Yahoo Sports • • sports
Key Points:
- The Buss family reportedly planned to sell their remaining 17.8% stake in the Lakers to Joshua Kushner and Bob Iger, which would end the family's ownership dating back to 1979 and force Jeanie Buss to step down as team governor due to league ownership rules.
- A follow-up report claimed the other five Buss siblings pressured Jeanie Buss into approving the sale, but Jeanie and her attorney strongly denied this, citing previous legal rulings that prevent the sale without unanimous approval from the co-trustees Jeanie, Janie, and Joey Buss.
- The Buss siblings collectively own their shares through a complex trust, meaning any sale must be agreed upon as a group, complicating the potential transfer of ownership.
- While Kushner and Iger initially expressed intent to keep Jeanie Buss as governor following the sale, Iger acknowledged that circumstances could change, reflecting ongoing uncertainty.
- The dispute highlights internal family tensions over control of the Lakers, with legal battles likely to continue and benefit attorneys involved.
