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League: NBASport: BasketballCountry: United StatesCategory: Breaking News

Jeanie Buss contests Buss family sale of Lakers stake

Yahoo Sports • 1 min read • Latest: Aug 18, 2026, 2:38 AM

Last updated Aug 18, 2026

Jeanie Buss contests Buss family sale of Lakers stake
Summary

On August 17, the Buss family announced plans to sell its remaining 17.8% stake in the Los Angeles Lakers as part of a $12.5 billion deal with Bob Iger and Josh Kushner. Jeanie Buss, however, has indicated that the sale is void without her approval. Her attorney stated that any transaction involving the Buss Family Trust requires consent from all three co-trustees, which includes Jeanie, Janie, and Joey Buss. This dispute highlights ongoing family tensions and legal battles surrounding the Lakers ownership after Jerry Buss's death in 2013.

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Yahoo Sports
Latest Updates
  • •Buss family to sell 17.8% Lakers stake for $12.5 billion
  • •Jeanie Buss contests validity of the sale
  • •Sale requires approval from all co-trustees
  • •The dispute underscores family tensions post-Jerry Buss's death
  • •Ownership transition has been ongoing since 2013
Latest Updates
  • 2:38 AMYahoo Sports — The Buss Los Angeles Lakers: From dynasty building under Jerry to a family feud with Jeanie and her siblings
What they're saying
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For a moment Monday, the saga of the Buss Los Angeles Lakers appeared to have reached its conclusion. But Jeanie Buss made clear in a scathing letter addressing her siblings that it will carry on. Here's a look at how they got here.

Related Teams & Leagues
Los Angeles LakersNBABasketball

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