1 Day
Source:
The New York Times
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Jeanie Buss’ legal team opposes Lakers sale
Jeanie Buss is contesting her family’s reported vote to sell their remaining 17.8 percent stake in the Los Angeles Lakers, arguing it violates previous court orders and fiduciary duties. The disagreement arose after the Lakers were reportedly sold to Bob Iger and Josh Kushner for a valuation of $12.5 billion, which could lead to the Lakers’ ownership change. Buss's lawyers claim the family’s vote to sell is invalid and breaches legal commitments ensuring her control as Lakers' owner.
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