Los Angeles Lakers governor Jeanie Buss is opposing the potential sale of her family’s stake in the team to Bob Iger and Joshua Kushner, as detailed in a letter from her attorney Adam Streisand. The letter asserts that Buss has not consented to any sale and remains the controlling shareholder under a 2017 court order, requiring her approval for any transaction. Iger and Kushner recently agreed to purchase a majority stake in the Lakers, valuing the franchise at $12.5 billion. Buss, citing financial reasons and her desire to maintain her governance role, is not in favor of selling the family’s stake at this time.
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Jeanie Buss Against Selling Family’s Stake in Lakers
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