Jeanie Buss seeks to block siblings' sale of Lakers stake

Summarised from 2 outlets · Updated 31 Oct, 21:08 · Archive

Jeanie Buss is asking a judge to block her siblings from selling their stake in the Los Angeles Lakers.

Jeanie Buss, the Los Angeles Lakers' governor and former majority owner, has asked a California judge to block her siblings from selling the family's 17.8-percent stake in the NBA team. She accuses them of conducting a 'cloak and dagger' campaign, claiming they held votes and shared decisions with ESPN rather than discussing them with her as co-trustee.

Jeanie's siblings—Jesse, Joey, Janie, Jim and Johnny Buss—want to sell their shares following investor Joshua Kushner's agreement to buy outgoing owner Mark Walter's majority stake at a valuation of $12.5 billion. Jeanie is seeking to void the sale, claiming it violates a 2017 court order requiring the Buss family to maintain at least a 15-percent stake in the club.

If the sale proceeds, Jeanie would lose her role as Lakers governor, which requires minimum ownership of 15 percent. Her legal filings claim her siblings are motivated by jealousy over their late father Jerry Buss's decision to make her govern the team. A court hearing scheduled for December 8 will determine whether the sale can go ahead.

How it is being reported

• Jeanie Buss accuses siblings of secret plot to oust her from LakersJeanie Buss is asking a judge to block her siblings from selling their 17.8% Los Angeles Lakers stake, which would force her out as team governor.New York Post · 31 Oct, 20:59
• Jeanie Buss accuses 'jealous' siblings of 'cloak and dagger' tactics in war over $12.5B sale of LakersLos Angeles Lakers governor and former majority owner Jeanie Buss has accused her five siblings of conducting a 'cloak and dagger' campaign in a court filing.Daily Mail Sport · 31 Oct, 19:34

In this story: Jeanie Buss · Los Angeles Lakers · Joshua Kushner · Mark Walter · Jerry Buss · California

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