Jeanie Buss’ Siblings Confirm They Approved Sale Without Her
The Los Angeles Lakers ownership saga rolls on as Jeanie Buss' five siblings reveal they decided to sell without her approval. The post Jeanie Buss’ Siblings Confirm They Approved Sale Without Her appeared first on LA Sports Report.
The future of the Los Angeles Lakers may be veering away from the Buss family, despite claims made by current owner Jeanie Buss. On September 28, 2021, the news of the family's intention to sell their 17.8% share of the team broke. However, Jeanie Buss' legal team contradicted this, claiming that her five siblings do not have the authority to sell without her approval.
The other siblings – Johnny, Jimmy, Janie, Joey, and Jesse – have now confirmed that they indeed approved the sale. In a statement shared on social media by Dan Woike of The Athletic, the siblings expressed their belief that the Lakers are more than just a basketball team, but a privilege. They stated their focus has always been on what's best for the franchise, the fans, and the Los Angeles community.
The siblings have chosen to sell the remaining stake to a group led by former Disney CEO Bob Iger and Josh Kushner, the brother of President Donald Trump's daughter-in-law, Jared Kushner. This sale, valued at $12.5 billion, prompted the Buss family to sell their shares. Jeanie Buss' attorney, Adam Streisand, firmly stated that any decision by the other Buss siblings to sell without her approval would be void from the start.
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