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Jeanie Buss fights siblings' Lakers sale to Kushner and Iger

Jeanie Buss is legally challenging her siblings' attempt to sell their remaining stake in the Los Angeles Lakers. The siblings reportedly voted to sell their 17.8% ownership to Joshua Kushner and Bob Iger, a move that would force Jeanie Buss to relinquish her role as governor due to the requirement of holding at least 15% ownership. Her attorney argues that any sale requires the approval of all co-trustees and that attempting to sell would breach their fiduciary duties. AI

RANK_REASON A high-profile legal dispute over ownership of a major sports franchise. [lever_c_demoted from significant: ic=1 ai=0.0]

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AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Jeanie Buss fights siblings' Lakers sale to Kushner and Iger

COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Greg Beacham, The Associated Press ·

    The Buss family wants an ‘exit gracefully.’ Jeanie Buss says no

    A planned sale of the family’s 17.8% stake to Bob Iger and Josh Kushner would take Jeanie Buss below the NBA’s 15% governor threshold.