Jeanie Buss reportedly attempting to halt her siblings’ attempt to sell remaining stake in Lakers
Jeanie Buss is legally challenging her siblings' attempt to sell the family's remaining 17.8% stake in the Los Angeles Lakers. The dispute centers on her status as the controlling owner and the NBA's requirement for controlling governors to hold at least 15% of the franchise.
Why it matters
The ownership structure of major professional sports franchises often involves complex legal and family dynamics that can impact the stability and management of the team.
Jeanie Buss’s family have owned at least part of the Lakers since 1970s. Photograph: Allen J Schaben/Los Angeles Times/Getty Images Jeanie Buss’s family have owned at least part of the Lakers since 1970s. Photograph: Allen J Schaben/Los Angeles Times/Getty Images Los Angeles Lakers Jeanie Buss reportedly attempting to halt her siblings’ attempt to sell remaining stake in Lakers Jeanie Buss wants to remain as controlling owner
Family were set to sell stake to Bob Iger and Josh Kushner
Prefer the Guardian on Google Jeanie Buss is reportedly challenging her siblings’ attempt to sell the family’s remaining stake in the Los Angeles Lakers .
Hours after the Buss family released a statement revealing their intention to sell their 17.8% ownership of the franchise to Bob Iger and Josh Kushner, CNBC and ESPN reported that Jeanie Buss’s lawyer sought to halt her siblings’ sale on legal grounds.
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