{
  "id": 1823952,
  "title": "5 Buss siblings say they still intend to sell Lakers minority shares despite Jeanie’s opposition",
  "url": "https://urgent.news/2026/08/18/5-buss-siblings-say-they-still-intend-to-sell-lakers-minority-shares-1823952",
  "topic": "culture",
  "section": "Culture",
  "published": "2026-08-18T22:53:02.000Z",
  "source": {
    "name": "Associated Press",
    "slug": "associated-press",
    "url": "https://apnews.com/article/lakers-jeanie-buss-siblings-4a9040b91f04fd13c82205a7b15ddf68"
  },
  "original_language": "en",
  "account": "The five surviving children of former Los Angeles Lakers owner Jerry Buss expressed their intention to sell their remaining minority stake in the NBA team, despite their sister Jeanie's opposition. Johnny, Jimmy, Janie, Joey, and Jesse Buss reaffirmed their decision in a statement to ESPN, stating they are \"united in that decision\" and plan to proceed with the transaction through the appropriate process. They had previously voted to sell 17.8% of the family trust's ownership to Josh Kushner and Bob Iger, who are acquiring majority control from Mark Walter. Jeanie Buss has stated that the siblings cannot sell the ownership shares without her approval, a claim that would render her incapable of serving as the Lakers' governor if the sale proceeds. The governorship is a role she held since 2013 and is set to continue until at least 2030, according to the agreement reached with Walter when he acquired majority control of the team for $10 billion. The sale reportedly netted the Buss siblings around half a billion dollars each, but the team's value is estimated to be significantly higher at $12.5 billion following Walter's acquisition. Jeanie Buss, who has governed the Lakers since her father's death in 2013, previously led the family's decision to sell to Walter, who is currently under federal investigation for tax-related issues. While not all siblings agreed with relinquishing majority control last year, Joey and Jesse were subsequently dismissed from their front-office positions with the team in November.",
  "summary": "LOS ANGELES (AP) — Five of the six children of former Los Angeles Lakers owner Jerry Buss still intend to sell their remaining minority ownership of the NBA team despite the opposition of their…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}