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One day after Jeanie Buss contested her siblings attempting to sell the family’s shares of the Lakers, the rest of the Buss family made it clear they aren’t backing down.
Jim, Johnny, Janie, Joey and Jesse Buss issued a statement on Tuesday afternoon: “The Los Angeles Lakers have never been just a basketball team. They have been one of the greatest privileges of our lives. Our focus has always been on what we believe is best for the Lakers, the fans who have supported this franchise for generations and the greater Los Angeles community.
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“Johnny, Jimmy, Janie, Joey and Jesse have made the decision to sell the family’s remaining stake, and we remain united in that decision. We intend to move forward thoughtfully, respectfully and through the appropriate process.”
Jeanie Buss, left, and Mark Walter attend a basketball game between the Los Angeles Lakers and the Golden State Warriors. Getty Images
Jeanie’s siblings agreed to sell their 17.8% stake of the Lakers to Josh Kushner and Bob Iger, who are slated to become the franchise’s majority co-owners after agreeing to buy the Lakers from current majority owner Mark Walter at a historic valuation of $12.5 billion.
“We have tremendous respect for Bob Iger and Josh Kushner and believe they understand what the Lakers represent to Los Angeles and our incredibly loyal fan base,” the statement from the Buss siblings added. “We are confident they will honor everything this franchise stands for while building upon the foundation our father created.”
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Lakers Governor Jeanie Buss is opposing her siblings’ vote to sell the family’s share of the Lakers, according to a letter from her lawyer, Adam Streisand, which was obtained by the California Post, arguing her siblings can’t legally execute a sale without her approval and that any vote of the Buss family selling would be “void”.
The Buss family trust includes six of the late Dr. Jerry Buss’ children: Johnny (69), Jim (66), Jeanie (64), Janie (62), Joey (41) and Jesse (37).
The siblings believe they simply need a majority vote (four out of six) to allow the trustees to sell the family’s shares.
Jeanie didn’t…
Source link : https://sports.yahoo.com/articles/buss-family-refutes-jeanie-states-202104249.html
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Publish date : 2026-08-18 20:21:00
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