sports
Jeanie Buss blasts 'devious' siblings in bid to stop Lakers sale
Jeanie Buss is legally challenging her siblings' efforts to sell their stake in the Lakers.
TL;DR
- Jeanie Buss is legally challenging her siblings' vote to sell their remaining 17.8% stake in the Los Angeles Lakers.
- She accuses her siblings of being 'devious' and states she was 'blinded' by the attempted sale.
- Buss claims a family statement regarding the sale was 'knowingly false' and that she was never consulted or informed.
- The proposed sale involves Joshua Kushner and Bob Iger agreeing to buy a majority stake from Mark Walter, valuing the franchise at $12.5 billion.
- Buss is seeking court orders to block the sale, surcharge and remove co-trustees Joey and Janie, and hold other siblings in contempt for aiding and abetting.
- A court hearing is scheduled for November 5.
- NBA rules require a team governor to hold at least a 15% stake, which Buss would lose if the sale is finalized.
- Buss cites a 2017 court ruling requiring approval from co-trustees Jeanie, Janie, and Joey Buss for any sale.