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Lakers ownership sale faces legal challenges amid family disputes

Yahoo Sports • 1 min read • Latest: Aug 18, 2026, 3:48 AM

Last updated Aug 18, 2026

Lakers ownership sale faces legal challenges amid family disputes

Summary

The Los Angeles Lakers’ proposed sale to Bob Iger and Josh Kushner encounters obstacles as Jeanie Buss considers legal action against her siblings. A vote by five Buss family members aimed to sell their 17.8% stake at a valuation of $12.5 billion, but no official deal is confirmed. Jeanie abstained from the vote, raising questions about her siblings' authority to proceed without her consent given a previous court ruling. Internal tensions have surfaced after emergency meetings focused on restructuring family shares under a new trust. The NBA Board of Governors’ approval of the sale is expected next month but remains uncertain due to these disputes.

Source Links

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By the Numbers

•Jeanie Buss may contest sale due to family disagreements.
•Five siblings voted to sell minority stake in Lakers.
•No finalized transaction exists, legal complexities remain.
•Emergency meetings aimed to secure family shares under a trust.
•NBA Board of Governors review anticipated next month.

Latest Updates

3:48 AMYahoo Sports — “I Don’t Know That Any Transaction Has Actually Happened”: Lakers Sale to Iger-Kushner in Question After Jeanie Buss Drama

What they're saying

"
The unexpected change of hands with the Los Angeles Lakers got another plot twist that could power a whole new season of Running Point. The historic 47-year tenure of the Buss family’s control over the franchise has hit a sudden legal wall, with Jeanie Buss on the verge of fighting her siblings.
— Yahoo Sports

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