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
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.
- •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
- 10:51 PMYahoo Sports — Jerry Buss wouldn’t be pleased with Lakers drama: Why Jeanie needs to wave white flag
- 7:52 PMDefector.com — The Buss Children Are Squabbling Over Their Remaining Lakers Stake - Defector
- 2:38 AMYahoo Sports — The Buss Los Angeles Lakers: From dynasty building under Jerry to a family feud with Jeanie and her siblings
"When Lakers majority owner Jerry Buss died in 2013, he left his 66 percent stake to six of his children, with daughter Jeanie Buss acting as the team’s governor. Jerry hoped his family would hold on to the franchise, and toward the end of his life, he took fi…
"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.
"Jerry Buss wouldn’t have wanted this. After the Lakers owner died in 2013, there has been acerbic in-fighting between his children, most recently culminating in Jeanie Buss’ five siblings voting to...
Sources
External links- Yahoo SportsAug 19, 2026, 10:51 PMJerry Buss wouldn’t be pleased with Lakers drama: Why Jeanie needs to wave white flag
Jerry Buss wouldn’t have wanted this. After the Lakers owner died in 2013, there has been acerbic in-fighting between his children, most recently culminating in Jeanie Buss’ five siblings voting to...
- Defector.comAug 18, 2026, 7:52 PMThe Buss Children Are Squabbling Over Their Remaining Lakers Stake - Defector
When Lakers majority owner Jerry Buss died in 2013, he left his 66 percent stake to six of his children, with daughter Jeanie Buss acting as the team’s governor. Jerry hoped his family would hold on to the franchise, and toward the end of his life, he took fi…
- Yahoo SportsAug 18, 2026, 2:38 AMThe Buss Los Angeles Lakers: From dynasty building under Jerry to a family feud with Jeanie and her siblings
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.
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