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The Buss family’s conflict over ownership of the Lakers has become a legal battle.
Jeanie Buss, the franchise’s governor, filed a petition in Los Angeles Superior Court this week, looking to block her siblings’ attempted sale of their minority ownership stake of the franchise.
Jeanie Buss and her siblings are embroiled in off-court drama involving the Lakers. Getty Images
Five of the Buss siblings who are part of the Buss family trust — Jim, Johnny, Janie, Joey and Jesse Buss — voted to sell the rest of the family’s 17.8% ownership stake of the Lakers to soon-to-be majority owners Josh Kushner and Bob Iger.
Johnny Buss and most of his siblings want to sell their share of the Lakers. Getty Images
Kushner and Iger agreed to purchase the majority shares of the Lakers from Mark Walter for a valuation of $12.5 billion, less than a year after Walter bought the Lakers from the Buss family at a valuation of $10 billion.
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Jeanie Buss called her siblings’ behavior “devious” in the petition, obtained by the California Post on Wednesday, which stated Jeanie was “blinded” by the attempted sale and that the family’s statement provided to ESPN last week was “knowingly false: Jeanie never agreed to any sale, was never consulted, and was never even informed.”
A court hearing is scheduled for Nov. 5, according to the 97-page petition.
“Jeanie thought she had put all of her siblings’ scheming and manipulations behind her in 2017,” the petition stated. “Sadly, that was not the case — and Jeanie must respectfully request relief from this Court a second time.”
The petition includes five orders:
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Instructing trustees to comply with 2017 court order;
Declaring purported trustee resolution void;
Surcharging and removing co-trustees Joey H. Buss and Janie M. Buss for breach of fiduciary duty;
Holding Joey H. Buss and Janie M. Buss in contempt of court;
Holding James, Johnny and Jesse Buss in contempt and liable for aiding and abetting.
Jim Buss and most of his siblings want to sell their share of the Lakers. MediaNews Group via Getty Images
Jeanie Buss, the third-oldest child of the late Dr. Jerry Buss, first…
Source link : https://sports.yahoo.com/articles/jeanie-buss-calls-devious-siblings-235356896.html
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Publish date : 2026-08-26 23:53:00
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