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Lakers Drama: Jeanie Buss Accuses Siblings of Conspiring Against Her in Court Filing
Jeanie Buss says the proposed sale breaches a 2017 trust order and would cost her governor status, with each sibling set to receive $371 million.
- In a Los Angeles Superior Court filing earlier this week, Lakers governor Jeanie Buss accused her five siblings of conducting a 'cloak and dagger' campaign to sell the family's remaining 17.8% stake in the franchise.
- The siblings voted to sell their shares to incoming majority owners Josh Kushner and Bob Iger under a $12.5 billion valuation deal, but Jeanie cites a 2017 court order requiring the family maintain at least 15% ownership to preserve her governor status.
- Jeanie's Wednesday filing asks the court to remove Janie and Joey Buss as co-trustees for breach of fiduciary duty while holding Jesse, Johnny, and Jim Buss liable for 'aiding and abetting' violation of the 2017 court order.
- Although the sale would net each sibling $371 million, Jeanie argues it violates the trust and is void. A hearing is scheduled for December 8 in Los Angeles Superior Court to resolve the dispute.
- The NBA Board of Governors must approve the transaction before finalization, while reports indicate settlement talks have begun between the family members despite the ongoing legal battle.
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13 Articles
13 Articles
Jeanie Buss Accuses Siblings of Conspiracy as Lakers Governor Asks Judge to Block $12.5 Billion Sale
In 2006, Jerry Buss made one thing clear about the future of the Los Angeles Lakers. The legendary owner, who had spent decades building the franchise into a basketball powerhouse, could not imagine the team belonging to anyone outside his family. “I cannot foresee the fact that anybody but our family will have the Lakers.” […]
·Lewes, United States
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(Seoul = Yonhap News) Reporter Ahn Hong-seok = Jeanie Buss of the Los Angeles (LA) Lakers, a prominent female NBA owner, [is] [taking] her family's stake in the team...
·Seoul, Korea (the Republic of)
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Coverage Details
Total News Sources13
Leaning Left2Leaning Right4Center4Last UpdatedBias Distribution40% Center, 40% Right
Bias Distribution
- 40% of the sources are Center, 40% of the sources lean Right
40% Right
L 20%
C 40%
R 40%
Factuality
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