Los Angeles Lakers owner Jeanie Buss attends the team’s NBA preseason basketball game against the Minnesota Timberwolves, Oct. 12, 2022, in Los Angeles. (AP Photo/Jae C. Hong, File)
\n\nDisney chief executive Bob Iger arrives at the 96th Academy Awards Oscar nominees luncheon on Feb. 12, 2024, in Beverly Hills, Calif. (Photo by Jordan Strauss/Invision/AP, File)
\n\nCrypto Arena is viewed before a Los Angeles Lakers NBA basketball game against the Memphis Grizzlies, Jan. 4, 2026, in Los Angeles. (AP Photo/Ethan Swope, File)
\n\nLOS ANGELES (AP) — Los Angeles Lakers governor Jeanie Buss is legally contesting her siblings’ plan to sell the family’s remaining 17.8% minority ownership stake in the team to Josh Kushner and Bob Iger, according to a letter obtained Monday by The Associated Press.
\n\nESPN and The Athletic first reported that the siblings had voted to sell the family trust’s remaining interest in the 17-time NBA champion team purchased by their father, Jerry Buss, in 1979. The decision would end Jeanie Buss’ tenure as the Lakers’ governor because that job requires at least 15% ownership of the team.
\n\nJeannie Buss’ attorney, Adam Streisand, wrote to representatives for her five siblings to state that any decision to sell the family…
Original source: https://apnews.com/business