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Buss Family Trust

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Lakers sale tests Jeanie Buss’s grip on the franchise as siblings seek to cash out
business2 hours ago

Lakers sale tests Jeanie Buss’s grip on the franchise as siblings seek to cash out

Jeanie Buss, the Lakers’ controlling owner since 2013, faces a family dispute as her siblings plan to sell their remaining 17.8% stake to incoming buyers Josh Kushner and Bob Iger, a move that could jeopardize her 15% ownership threshold. The NBA has not yet approved the sale, and Jeanie’s camp argues that co-trustees cannot proceed without her consent, while the siblings insist they are united in selling the stake and exiting. The sale follows the 2025 transfer to Mark Walter and leaves the franchise in regulatory and leadership limbo, even as on-court fortunes waver.