Lakers sale dispute highlights limits of family trusts
TL;DR
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.
- Legal wrangling over $12.5B Lakers sale shows how family trusts don’t guarantee a business stays in the family The Conversation
- Lakers minority owner Dr. Patrick Soon-Shiong not selling 4% stake ESPN
- What we’re hearing about the Buss family battle and Jeanie’s Lakers future - The Athletic The New York Times
- Los Angeles Lakers worth 'every bit' of $12.5 billion price tag: 76ers and Commanders owner Josh Harris CNBC
- Have no fear, Adam Silver is going to solve the Buss family drama Yahoo Sports
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