Lakers sale dispute highlights limits of family trusts

1 min read
Source: The Conversation
Lakers sale dispute highlights limits of family trusts
Photo: The Conversation
TL;DR Summary

Jeanie Buss resists selling the Lakers' remaining stake as a $12.5 billion bid from a group including Bob Iger and Joshua Kushner faces sibling opposition, underscoring how even well-structured family trusts can fail to keep a prized asset in the family—the outcome will hinge on the trust’s terms and a 2017 court order, illustrating a broader pattern of ownership conflicts in sports franchises.

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