Jeanie Buss Accuses Siblings of Media Campaign in Lakers Share Dispute

In a recent legal twist, Jeanie Buss, a prominent member of the Lakers ownership family, has taken decisive action to halt her siblings' efforts to sell their shares in the storied basketball team. According to reports, she requested a judge to intervene and prevent the sale, setting the stage for a December 8th hearing in Los Angeles Superior Court ¹².

The stakes are high for all parties involved, with each sibling potentially gaining an additional $371 million if the entire family stake is sold ¹². This financial incentive has fueled the ongoing dispute, which centers around a 2017 court order that Jeanie Buss believes her siblings are attempting to circumvent ¹².

Adding a layer of intrigue to the situation, Jeanie Buss has leveled a pointed accusation at her siblings, describing their actions as a 'cloak and dagger' campaign through the media ¹. This colorful characterization underscores the tension and rivalry within the Buss family, as they navigate the complex landscape of sports ownership.

The siblings in question are aiming to sell their remaining shares to the ownership group led by Bob Iger and Josh Kushner, who have placed a valuation of $12.5 billion on the Lakers ¹. This group previously acquired a majority stake in the team from the Buss family in 2025, leaving the family with a 17.82% share ¹.

In addition to blocking the sale, Jeanie Buss also sought to remove her siblings, Joey and Janie, as co-trustees, citing a breach of fiduciary duty ¹. This move highlights the personal nature of the conflict and the deep-seated trust issues within the family.

Despite these tensions, there have been attempts at settlement between the two sides, though the progress of these negotiations remains unclear ¹. As the legal proceedings approach, all eyes will be on the Buss family and their quest to resolve this high-stakes dispute over the beloved Lakers.

What we know

• Jeanie Buss asked a judge to block her siblings' attempt to sell the family's shares in the Lakers ¹²
• The legal battle is set for a Dec. 8 hearing in Los Angeles Superior Court ¹²
• Each sibling stands to make an additional $371 million if the family sells the entirety of its shares ¹²
• Jeanie Buss attempted to block the sale based on a 2017 court order ¹²
• Jeanie Buss accused her siblings of a 'cloak and dagger' campaign through the media ¹
• Jeanie's siblings are seeking to sell the family's remaining shares to the Bob Iger and Josh Kushner ownership group ¹
• The Lakers are valued at $12.5 billion by the Bob Iger and Josh Kushner ownership group ¹
• The Buss family retained a 17.82% stake in the Lakers after selling a majority stake to Mark Walter in 2025 ¹
• Jeanie Buss asked the court to remove Joey and Janie as co-trustees for breach of fiduciary duty ¹
• Settlement talks have occurred between the two sides but progress is unclear ¹