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
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.
- •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.
- 9:27 AMYahoo Sports — The NBA rule that means Jeanie Buss will be forced to give up Lakers governor role after sale
- 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
"The Los Angeles Lakers’ recent $12 billion sale to Bob Iger and Jared Kushner might finally end the decades-long leadership of the Buss family. Lakers Governor Jeanie Buss sold the franchise for $10 billion to an ownership group led by Mark Walter, who would sell the franchise for a $2 billion profit a year after buying it.
"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.
Sources
External links- Yahoo SportsAug 18, 2026, 9:27 AMThe NBA rule that means Jeanie Buss will be forced to give up Lakers governor role after sale
The Los Angeles Lakers’ recent $12 billion sale to Bob Iger and Jared Kushner might finally end the decades-long leadership of the Buss family. Lakers Governor Jeanie Buss sold the franchise for $10 billion to an ownership group led by Mark Walter, who would sell the franchise for a $2 billion profit a year after buying it.
- Yahoo SportsAug 18, 2026, 3:48 AM“I Don’t Know That Any Transaction Has Actually Happened”: Lakers Sale to Iger-Kushner in Question After Jeanie Buss Drama
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.
Original reporting and copyright belong to the linked sources. SportsNewsReport.com aggregates and links — it does not republish full articles.
Related Stories
Last 14 days
NBA•Oct 4, 2026, 1:26 PM3 Questions For Rockets Preseason Opener In Macao
NBA•Oct 4, 2026, 12:47 PMAnthony Davis believes ‘people forgot’ who he is due to the past few NBA seasons
NBA•Oct 4, 2026, 12:39 PMAnthony Davis says he asked Lakers to add another big man after feeling 'heavy' playing center
NBA•Oct 4, 2026, 12:39 PMMark Cuban calls blowing 30-point lead to Kobe Bryant, Lakers his 'worst' Laker moment
NBA•Oct 4, 2026, 12:04 PM‘His next teammate’ – NBA fans love seeing LeBron James hold Tyrese Maxey’s baby at 76ers’ practice
NBA•Oct 4, 2026, 12:03 PMJJ Redick: One two-way Lakers player has been 'fantastic' lately