Jeanie Buss reportedly contesting sale of Lakers' minority stake in opposition with siblings' vote
A letter from Buss' lawyer obtained by multiple outlets says any family vote on the issue is 'void' due to requirements of the family's trust.
The Buss family's plan to sell its remaining 17.8% stake in the Los Angeles Lakers has encountered a setback, as one sibling, Jeanie Buss, is reportedly contesting the sale. Despite the family claiming that all six siblings agreed to the sale, Jeanie, the eldest daughter and CEO of the team, has reportedly expressed her opposition.
A letter from her lawyer, Adam Streisand, states that any "vote" by the siblings would be void and violate the terms of the Buss family trust, which requires Jeanie to maintain 15% ownership to remain the controlling owner. Streisand accused Shams Charania of falsely reporting the sale and accused Joey and Jesse Buss of leaking defamatory information.
The Buss family had previously announced their intention to sell the minority ownership to Bob Iger and Josh Kushner, but Streisand urged them to reconsider. The letter demands that the selling parties declare Jeanie Buss as the controlling owner and halt any action on the sale.
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