Buss siblings reaffirm plan to sell Lakers share despite Jeanie's objections
2 sources • 1 min read • Latest: Aug 18, 2026, 11:25 PM
Last updated Aug 18, 2026
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.
- •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.
- 11:25 PMYahoo Sports — Buss Family Releases Statement in Response to Jeanie Buss Fighting to Keep Lakers
- 8:34 PMYahoo Sports — Buss siblings respond to their sister Jeanie, reiterate intent to sell family's remaining share of Lakers despite her objection
"The Buss family is trying to sell their shares of the Lakers. Jeanie Buss doesn't want to, and now her siblings have released a statement. The post Buss Family Releases Statement in Response to Jeanie Buss Fighting to Keep Lakers appeared first on HEAVY.
"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.”
Sources
External links- Yahoo SportsAug 18, 2026, 11:25 PMBuss Family Releases Statement in Response to Jeanie Buss Fighting to Keep Lakers
The Buss family is trying to sell their shares of the Lakers. Jeanie Buss doesn't want to, and now her siblings have released a statement. The post Buss Family Releases Statement in Response to Jeanie Buss Fighting to Keep Lakers appeared first on HEAVY.
- Yahoo SportsAug 18, 2026, 8:34 PMBuss siblings respond to their sister Jeanie, reiterate intent to sell family's remaining share of Lakers despite her objection
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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