sports

Lakers governor Jeanie Buss says siblings cannot sell family’s stake to Bob Iger, Joshua Kushner

Jeanie Buss's lawyer says she has not agreed to sell the team and that any vote suggesting the Buss family is selling "would be and is void."

Lakers governor Jeanie Buss says siblings cannot sell family’s stake to Bob Iger, Joshua Kushner

TL;DR

  • Jeanie Buss is opposing the potential sale of her family's stake in the Los Angeles Lakers.
  • This contradicts an ESPN report about a potential sale to Bob Iger and Joshua Kushner.
  • Jeanie Buss's lawyer states she has not agreed to sell and that any vote to sell would be void.
  • As controlling shareholder, Jeanie Buss's consent is required for any sale.
  • Buss reportedly wishes to hold onto the stake for value appreciation and to keep her governor role.