Jeanie Buss contests family's move to sell stake in Lakers

36 sources • 6 min read • Latest: Aug 23, 2026, 2:26 AM

Last updated Aug 23, 2026

Jeanie Buss contests family's move to sell stake in Lakers
Summary

Jeanie Buss is contesting a claim from her siblings regarding the sale of their remaining stake in the Los Angeles Lakers. The Buss family initially reported a unanimous decision to sell a 17.8% stake to Bob Iger and Josh Kushner. Jeanie's lawyer stated that such a vote is void due to trust requirements designed to maintain her status as controlling owner. The controversy follows a statement that all six Buss siblings had agreed to the sale. Jeanie's lawyer has demanded her siblings publicly acknowledge her position as controlling owner and halt any actions regarding the sale.

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Key Details
  • •Jeanie Buss is opposing the sale of the Lakers' minority stake.
  • •Her siblings agreed to sell 17.8% of the team to Iger and Kushner.
  • •Jeanie's attorney claims the vote contradicts family trust rules.
  • •The team was purchased last week by a group led by Iger and Kushner.
  • •Legal discussions involve Jeanie's authority as the Lakers' controlling owner.
Latest Updates
  • 2:26 AMYahoo Sports — Buss Family Sells Last Lakers Stake to Iger and Kushner
  • 11:00 AMYahoo Sports — L.A. Lakers Sale Gets Even Messier Thanks To Buss Family Drama
  • 9:07 AMYahoo Sports — How Jeanie Buss’ LA Lakers stalemate with family will impact Mark Walter’s $12.5B sale revealed
  • 6:20 AMYahoo Sports — Jeanie Buss considering paying out siblings to buy Lakers ownership share worth almost $2 billion
  • 10:53 PMYahoo Sports — Jeanie Buss Faces $1.9 Billion Lakers Question Amid Family Fight
  • 6:01 AMYahoo Sports — Other Buss siblings have ‘decided to sell’ Los Angeles Lakers stake despite Jeanie Buss’ opposition
  • 3:51 AMYahoo Sports — “I Have the Ultimate Authority”: Jeanie Buss Can Block Lakers Sale Despite ‘Exponential’ Pressure From Siblings, Reveals Insider
  • 3:28 AMYahoo Sports — Buss siblings felt frustrated at Jeanie Buss after 2025 Lakers sale
What they're saying
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Jeanie Buss wants to remain as controlling owner Family were set to sell stake to Bob Iger and Josh Jushner Jeanie Buss is reportedly challenging her siblings’ attempt to sell the family’s remaining stake in the Los Angeles Lakers. Hours after the Buss family released a statement revealing their ⁠intention to sell their 17.8% ownership of the franchise to Bob Iger and Josh Kushner, CNBC and ESPN reported that Jeanie Buss’s lawyer sought to halt her siblings’ sale on ⁠legal grounds. Continue reading...

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An attorney for Jeanie Buss says she will fight her siblings' plan to sell their 17.8% stake in the Los Angeles Lakers to former Disney chief executive Bob Iger's new majority ownership group, according to multiple media reports on Monday."On behalf of Jeanie Buss, I demand that your clients make clear publicly that Jeanie Buss is the controlling owner of the Los Angeles Lakers and that your clients shall take no action on this supposed 'vote' to sell the 17.8% stake," the letter said.

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As Jeanie Buss refuses to give up her equity with the Los Angeles Lakers, there have been questions about how it impacts the team’s sale to Josh Kushner and Bob Iger. Iger and Kushner closed a $12 billion agreement to purchase the Lakers from Mark Walter, who bought the team from the Buss family last year.

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