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Lakers Governor Jeanie Buss’ family rift grows as siblings issue scathing letter after $12.5 billion sale

The Los Angeles Lakers sale drama continues to unfold publicly after incumbent Governor Jeanie Buss’ siblings issued a statement after a legal challenge against Jeanie.

Published: Thursday, 8 October 2026 at 8:05 AM
Lakers Governor Jeanie Buss’ family rift grows as siblings issue scathing letter after $12.5 billion sale
Key Things to Know
  • Five Buss siblings filed formal opposition against Jeanie Buss' legal effort to block selling the family's Lakers stake.
  • Jeanie filed a court motion to prevent the sale of the remaining 17.8% stake to Bob Iger and Joshua Kushner.
  • If family ownership falls below 15%, NBA rules require Jeanie to step down as Lakers Governor.
The Story in 60 Seconds

Five Buss family siblings have formally opposed Los Angeles Lakers Governor Jeanie Buss’ legal petition trying to block the sale of the family's remaining 17.8% team stake. Jimmy, Johnny, Janie, Joey, and Jesse Buss voted to sell the Trust's shares following a $12.5 billion franchise transaction to Bob Iger and Joshua Kushner, releasing a joint statement declaring Jeanie's court challenge legally and factually baseless.

Jeanie petitioned the Los Angeles Superior Court to prevent the sale, which would reduce the family's ownership below the 15% threshold required by NBA rules to retain her role as Governor. While a court hearing scheduled for December 6, 2026, allows Jeanie to open the 2026 season in charge, losing the case would end 47 years of Buss family control.

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