
Jeanie Buss Claims Sibling Conspiracy in Ongoing Lakers Ownership Dispute
Summary
In a dramatic court filing this week, Jeanie Buss has accused her siblings, Joey and Jesse Buss, of orchestrating a "cloak and dagger" campaign against her regarding the family's stake in the Los Angeles Lakers. Buss seeks to prevent her siblings from selling their shares of the team, claiming jealousy over their father's decision to bestow her with the governor rights.
The conflict escalates as a critical hearing is scheduled for December 8 in Los Angeles Superior Court. Jeanie's legal representation asserts that the disputes following the death of Dr. Jerry Buss in 2013 were inevitable, emphasizing the tensions stemming from her designation as the successor over her four brothers.
Key points from the filing include:
- Jeanie's claim that selling the family's 17.8% ownership stake would strip her of her role as governor, jeopardizing her influence over the team.
- An ownership group led by former Disney CEO Bob Iger is interested in acquiring the Lakers, valued at $12.5 billion.
- Jeanie's assertion that a 2017 court order prevents any sale without her consent, adding to the ongoing family feud.
Previously, Jeanie had to navigate a power struggle when she fired Jim Buss from basketball operations, leading to attempts by him and Johnny Buss to remove her from the board.
Now, Jeanie is seeking legal action to remove her siblings as co-trustees for breach of fiduciary duty and has initiated settlement talks, with each sibling potentially receiving an extra $371 million if the family sells its shares. The filing concludes with Jeanie stating that her siblings are misrepresenting themselves as victims, while their actions are seen as attempts to undermine her authority.
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