Jeanie Buss Files Petition to Block Siblings' Lakers Share Sale

Jeanie Buss, the controlling owner and governor of the Los Angeles Lakers, has filed a petition in Los Angeles Superior Court to block her five siblings from selling the family's remaining 17.82% stake in the NBA franchise. The legal action, filed on August 27, 2026, accuses her siblings of devious behavior and attempting to oust her as governor by secretly brokering a deal to sell their shares to the group led by Bob Iger and Josh Kushner.

The petition states that Jeanie Buss was never consulted, informed, or in agreement with the sale, which was announced in a family statement published by ESPN. That statement claimed the family had decided to sell the remaining Buss Family Trust shares to the Iger group as part of the ongoing transaction. Jeanie's legal team argues this statement was knowingly false. The attempted sale comes shortly after majority owner Mark Walter sold his controlling stake in the Lakers to Iger and Kushner for a record valuation of $12.5 billion, a transaction that closed earlier in August.

Jeanie Buss contends that her siblings' actions violate a 2017 court order that mandated the family's cotrustees take all actions reasonably available to ensure she...