{"id":2098406,"date":"2026-08-18T00:38:06","date_gmt":"2026-08-17T21:38:06","guid":{"rendered":"https:\/\/analyse.optim.biz\/?p=2098406"},"modified":"2026-08-18T00:38:06","modified_gmt":"2026-08-17T21:38:06","slug":"jeanie-buss-contests-vote-to-sell-lakers-stake-calls-family-strategy-breach-of-trust","status":"publish","type":"post","link":"https:\/\/analyse.optim.biz\/?p=2098406","title":{"rendered":"Jeanie Buss contests vote to sell Lakers stake, calls family strategy \u2018breach of trust\u2019"},"content":{"rendered":"
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Jeanie Buss might not be done as the Los Angeles Lakers\u2019 team governor.<\/p>\n

Not long after it was reported that the Buss family intended to sell its portion<\/a> of the franchise \u2014 a move that would lead to Jeanie\u2019s ouster as team governor \u2014 her lawyers deemed the reported vote void. In a letter sent to her siblings\u2019 attorneys and obtained by The Athletic<\/em><\/a>, that strategy constituted \u201ca breach of trust, breach of fiduciary duty\u201d and would put them \u201cin contempt of court.\u201d<\/p>\n

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The latest battle between Buss siblings comes in the wake of Mark Walter\u2019s stunning decision to sell the Lakers<\/a> to former Disney CEO Bob Iger and billionaire venture capitalist Josh Kushner for a reported $12.5 billion valuation. If the sale is approved by the league\u2019s Board of Governors, it would be the richest in professional sports history.<\/p>\n

The move opened the door for the Buss family to potentially sell their shares (worth approximately 17.8 percent of the business), but the parties clearly disagree on what it would take for that to happen. As was widely reported Monday, the siblings who voted to sell the family\u2019s shares assert that four of the six beneficiaries of the Buss trust were needed for a passing vote. Yet Jeanie\u2019s attorney, Adam Streisand of Sheppard, Mullin, Richter & Hampton Law, argued in the letter sent to her siblings\u2019 attorneys that two previous legal rulings render that strategy improper.<\/p>\n

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Everything we know about the Lakers being sold again<\/div>\n
Dan Woike<\/div>\n<\/div>\n
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