Wednesday, August 19, 2026
Personal Finance

Jeanie Buss Blocks Lakers Family Stake Sale

Jeanie Buss, the boss of the Lakers, says her siblings cannot sell their family share of the team.

Jeanie Buss stands firm. She runs the Los Angeles Lakers. Now, her siblings want to sell their family part of the team. They eye buyers like Bob Iger and Joshua Kushner. But Buss says no.

Buss did not agree to any sale. Her lawyer made this very clear. The lawyer said any vote to sell the family's share is not real. It holds no power.

This means the Buss family still owns the team. Jeanie Buss holds the power to decide the team's future. This keeps things stable for fans and the team.

Source: CNBC

#Personal Finance#Sports Business#Los Angeles Lakers#Jeanie Buss

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