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Jeanie Buss Files Lawsuit to Block Siblings’ Sale of Lakers Stake

The petition seeks to stop a tag‑along sale that would drop her below the NBA’s 15% governor threshold, risking her role while the league reviews the IgerKushner purchase.

Overview

  • Jeanie Buss filed a 97‑page petition Wednesday in Los Angeles Superior Court asking a judge to void a five‑sibling vote to sell the family trust’s 17.8% Lakers stake.
  • The filing asks the court to remove co‑trustees Janie and Joey Buss for alleged breaches of fiduciary duty and to hold the five siblings liable for losses and damages.
  • Five siblings reportedly invoked a tag‑along right to sell after majority owner Mark Walter agreed to sell to Bob Iger and Josh Kushner for a reported $12.5 billion, a move Jeanie calls a devious scheme.
  • The IgerKushner majority purchase remains subject to an NBA Board of Governors review scheduled for mid‑September and the family litigation could complicate who qualifies as team governor.
  • Jeanie’s case rests on a 2017 court order to preserve her status, highlights the trust’s “last man standing” incentives that push siblings to sell, and has a court hearing reported for early to mid‑November with dates varying across coverage.