Buss siblings reaffirm plan to sell Lakers share despite Jeanie's objections

Yahoo Sports1 min read • Latest: Aug 18, 2026, 8:34 PM

Last updated Aug 18, 2026

Buss siblings reaffirm plan to sell Lakers share despite Jeanie's objections
Summary

The Buss siblings are moving forward with their intention to sell the family's remaining 17.8% stake in the Los Angeles Lakers, despite their sister Jeanie's legal challenge. Jeanie, who has been the team's governor since 2013, argues that any sale without her approval is void, citing a letter from her attorney. The siblings issued a statement expressing their commitment to the sale, emphasizing the Lakers' significance to Los Angeles and their loyal fan base. The Buss family sold their majority share last year and is now under pressure from internal conflicts as the planned sale could affect Jeanie's governance position. The situation remains fluid as legal discussions continue.

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By the Numbers
  • Buss siblings plan to sell 17.8% stake in the Lakers.
  • Jeanie Buss challenges the sale's validity through her attorney.
  • Siblings affirm their decision and emphasize Lakers' community importance.
  • Jeanie could lose her seat as team governor if the sale proceeds.
  • Legal discussions are ongoing amid family disagreements.
Latest Updates
  • 8:34 PMYahoo SportsBuss siblings respond to their sister Jeanie, reiterate intent to sell family's remaining share of Lakers despite her objection
What they're saying
"

The statement is a response to their sister Jeanie, who challenged their plan to sell in a scathing letter from her lawyer Monday declaring that any sale of the Buss family share was “void.”

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