Jeanie Buss Seeks to Contest Sale of Los Angeles Lakers to Bob Iger and Josh Kushner: Report
Jeanie Buss, the Los Angeles Lakers owner who has been the face of the team since the death of her father Jerry Buss in 2013, is reportedly contesting the plan approved by her siblings to sell the family’s remaining 18% stake in the storied NBA franchise to investors Bob Iger and Josh Kushner. ESPN and […]
The Los Angeles Lakers' sale under threat as Jeanie Buss contests her siblings' ability to sell their minority stake, following the recent majority share transfer. Jeanie Buss, who has been the Governor of the Lakers since 2013, has objected to the sale of the remaining 17.8% minority stake by her siblings. Her attorney has written a letter to the NBA, stating that no sale can occur without the consent of all three trustees, including Jeanie, Joey, and herself.
With only five of the siblings voting to sell, Jeanie's stance could potentially jeopardize the new owners' complete control over the franchise. The situation has quickly escalated and could pose significant challenges for the Lakers' new management and the upcoming majority share transaction.
Written by urgent.news from Yahoo Sports's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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