League: NBA Sport: Basketball Country: United States Category: Rumors

Buss family disputes sale of Lakers’ remaining trust stake amid ongoing conflict

Yahoo Sports • 1 min read • Latest: Aug 18, 2026, 11:29 AM

Last updated Aug 18, 2026

Buss family disputes sale of Lakers’ remaining trust stake amid ongoing conflict

Summary

Tensions within the Buss family continue as they dispute the sale of a 17.8% Lakers stake held by the Jo Ann C. Buss 2006 Children's Electing Small Business Trust. Jeanie Buss contests a sibling vote that favors the sale, citing a court order granting her control over the trust's shares. Following Jerry Buss's death, equal ownership among six siblings has led to conflicts over management decisions. Jeanie's recent actions include orchestrating a $10 billion sale of a majority stake, resulting in a division of significant bonuses among her allies and the termination of other siblings from their roles.

Source Links

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Key Details

•Jeanie Buss contests a vote to sell a 17.8% Lakers stake.
•Court order requires decisions to maintain Jeanie's control.
•Fractures emerged after Jeanie fired brother Jim as president.
•Family dynamics strained after a $10 billion stake sale in 2025.
•Sibling conflicts over equal ownership have escalated since Jerry Buss's death.

Latest Updates

11:29 AMYahoo Sports — Jerry Buss Prepaid His Estate Taxes. It Wasn’t Enough to Save His Legacy As Family Fights For Future Of Lakers

What they're saying

"
Jerry Buss spent the last decade of his life engineering a trust designed to keep the Lakers in family hands forever. Thirteen years after his death, that structure may be what finally tears the family apart.
— Yahoo Sports

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