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.
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.
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…
Read the full article at SPORTS.YAHOO.COM
