Attorneys representing the Lakers’ controlling governor filed a petition in Los Angeles Superior Court on Wednesday to block her five siblings from trying to sell the family’s remaining 17.82% of the NBA franchise the Buss family has owned since 1979.
Jeanie contends that her siblings should abide by a 2017 court order that mandated the family’s co-trustees to “take all actions reasonably available to ensure that Jeanie is appointed and remains as the NBA controlling owner of the Lakers.” The 2017 legal battle installed Jeanie’s younger siblings, Janie and Joey, as her fellow co-trustees, two roles that were previously held by her older brothers Jim and Johnny, who were ousted after a failed attempt to wrestle control away from Jeanie.
The 97-page petition accuses Janie, Joey and the other siblings Jim, Johnny and Jesse of “devious behavior” for not including Jeanie in discussions to sell the family’s last stakes in the team earlier this month. While the other siblings elected to sell soon after Bob Iger and Joshua Kushner agreed to a record-breaking transaction with Mark Walter and released a statement attributed to the Buss family, Jeanie “never agreed to any sale, was never consulted and was never even informed,” the petition states.
“Jeanie thought she had put all of her siblings’ scheming and manipulations behind her in 2017,” the petition reads. “Sadly, that was not the case — and Jeanie must respectfully request relief from this Court a second time.”
Among five points on the petition, Jeanie hopes to declare her siblings’ votes to sell the team void, remove Janie and Joey as co-trustees for “breach of fiduciary duty” and hold both in contempt of court and hold Jim, Johnny and Jesse in contempt and liable for “aiding and abetting.”
Jeanie, the third-oldest child of former Lakers owner Jerry Buss, was hand-picked by the family patriarch to oversee his prized investment that grew from a $67.5-million purchase into a $12.5-billion world-renowned brand. Iger, the former Disney chief executive, and Kushner, founder of a venture capital firm, bought a majority stake of the Lakers from Walter earlier this month at a record valuation, and reports of five of the Buss siblings’ plans to sell their ownership stake in the team came days later.
To remain on the NBA board of governors, Jeanie would need to own at least 15% of the team. She was to stay in the leadership role for at least the next four seasons after the Buss family relinquished control of the team to Walter in 2025.
That unique aspect of the 2025 sale “demonstrated the co-trustees could fulfill their duties under the trust — and honor Dr. Buss’s intent — while also delivering extraordinary financial returns to the beneficiaries,” the petition states.
Jeanie contends that not only is her latest fight to maintain her governor role a way to “enforce of her parents’ intent,” but the petition says Jeanie also believes remaining the governor can “protect the strategic decision by the trustees less than a year ago to sell a portion of the team and retain an interest sufficient to maintain control and to benefit from the continuously skyrocketing value.”
Since Jerry Buss built the Lakers into the NBA’s most glamorous franchise during four decades of stewardship, the team will now have a third controlling owner in as many years. Walter, who previously owned a minority stake in the team, took majority control in 2025 when the team was valued at $10 billion. His reign was short-lived; he shockingly sold his shares of the team to Iger and Kushner for a 25% profit 14 months after Walter’s purchase offer was accepted by the Buss family trust.
The sale from Walter to Iger and Kushner is not expected to be affected by the Buss family’s legal proceedings, according to a source close to the matter but not authorized to speak publicly.
The petition adds that Lakers minority owners Patrick Soon-Shiong, who owns the Los Angeles Times and said he plans to hold onto his 4% stake in the Lakers, and real estate developer Ed Roski Jr. believe Jeanie is “the right person to continue as controlling owner and NBA governor of the Lakers to help preserve and continue to grow the value of the Lakers stock investments.”
The Lakers functioned as a family-run business for decades under the Buss family. Each child held different roles, but Jeanie is now the only one left at the organization. Jim and Johnny were ousted in 2017. Janie, Joey and Jesse were all fired soon after Walter’s sale was approved in November. Joey was the chief executive of the G League affiliate South Bay Lakers and Jesse was the Lakers’ director of scouting. Janie led the organization’s charity efforts. ESPN reported that Jim and Johnny had returned to roles with the team and were among those fired in November.
After Jeanie and her legal team announced their intention to contest the siblings’ attempt to sell, the five other siblings released a statement saying they were “united” in their decision and intended to “move forward thoughtfully, respectfully and through appropriate process.”
“The Los Angeles Lakers have never been just a basketball team,” the statement released Aug. 18 continued. “They have been one of the greatest privileges of our lives. Our focus has always been on what we believe is best for the Lakers, the fans who have supported this franchise for generations and the greater Los Angeles community.”
A court hearing to review the request is scheduled for Nov. 5, according to the petition. The Lakers will be two weeks into their season at the time.
Buss Sports Capital, which was started in September by Jesse and Joey Buss, joins a Padres ownership group that includes husband-and-wife controlling owners José E. Feliciano and Kwanza Jones. Although neither the team nor the firm supplied financial details of the deal, multiple media outlets are reporting that the Buss brothers’ stake in the Padres is around 5%.
“We are honored to join Kwanza and José and have the opportunity to contribute to the future of a team that Jesse and I have loved since we were kids growing up in San Diego,” Joey Buss, 41, said in a statement. “Sports have always been a part of our family’s story, and great organizations have a unique ability to bring people together and create a lasting sense of community. …
“The Padres are on the cusp of something special, and through Buss Sports Capital, we look forward to bringing our experience and perspective to the ownership group and doing our part to build on the strong foundation already in place.”
Like their four older siblings, Jesse and Joey Buss took part in the family business of running the Lakers. When the Buss family sold the controlling stake to Mark Walter for $10 billion last year, team controlling governor Jeanie Buss told ESPN, the siblings were told their roles with the team wouldn’t change for five years.
In November, however, Jesse and Joey Buss, as well as the rest of their siblings except for Jeanie, were let go by the Lakers. At the time of their dismissal, Jesse had been the team’s assistant general manager and Joey was vice president of research and development.
The Padres are the first major acquisition for the brothers’ investment firm.
“Joey and I had the privilege of learning from our father and then spending nearly two decades building our own careers in professional basketball operations,” Jesse Buss, 38, said. “We saw firsthand what it takes to build a championship organization, and throughout our careers have applied those lessons across talent evaluation, roster construction, player development and long-term organizational planning. While every sport is different, we believe the principles behind building sustained success are universal. …
“We look forward to bringing that experience to the ownership group, supporting Kwanza and José’s vision for the Padres and doing everything we can to help bring a World Series championship to San Diego.”
Jerry Buss put together what was then thought to be a wild business deal to purchase the Lakers and related assets for $67.5 million in 1979.
Buss had a degree in chemistry, but his money came from real estate holdings and loans that moved between third parties to help him obtain the Lakers, Kings and the Forum from Jack Kent Cooke, who was going through a costly divorce.
Buss’ vision was to infuse Hollywood glamour into an NBA team few in Los Angeles seemed to care about, win championships and share that glory with his family.
Buss realized his Hollywood dream in more ways than he ever could have imagined, with his death in 2013 from complications from cancer touching off battles among his six children over control of the Lakers.
At least two siblings have tried to oust another from a leadership role. One sibling reportedly said two others never should have been born. And one sibling managed to fire the five others from jobs with the team.
The rifts mirror the HBO hit show “Succession.” Buss’ tenure and the family drama has been direct inspiration for two television shows and was chronicled in a docuseries the Lakers produced.
The latest daggers were delivered this week, with attorneys representing Buss’ daughter, Jeanie, admonishing her five siblings — Janie, Johnny, Jim, Joey and Jesse — for announcing the Buss Family Trust was selling its 17.8% ownership of the Lakers to new buyers Bob Iger and Joshua Kushner.
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Dodgers sweep the Rockies
From Maddie Lee: As Teoscar Hernández popped up from his slide across home plate, Mookie Betts retreated to first applauding.
While the long ball had been the key to the Dodgers’ earlier offensive success Wednesday, keeping it simple unlocked their 10th-inning push. And in the Dodgers’ 6-4 victory Wednesday, it was Betts’ third hit of the night, a low line drive through the middle of the infield, that widened the Dodgers’ lead to two runs.
“It was huge,” Betts said of completing the three-game sweep in Colorado. “Winning every ball game is important, especially now with the playoff race. Every game is important.”
The trip to hitter-friendly Mile High City, and a matchup against the last-place team in the NL West, came at the perfect time for the Dodgers, ending a collective slump. They’d just dropped three of four to the Brewers at Dodger Stadium, in what had already been a rough start to August.
“Obviously, we haven’t played our best baseball lately,” utility player Kiké Hernández said. “And as a good team, as a team that’s leading the division, … the teams at the bottom of the standings, you need to beat those guys.”
Ethan Pecko struck out four in his major-league debut, five Houston relievers pitched shutout ball for five-plus innings and Christian Vázquez homered as the Astros beat the Angels 3-2 on Wednesday night.
Pecko, a 2023 sixth-round selection by Houston, was ranked ninth in the Astros’ system by MLB Pipeline. The 23-year-old right-hander gave up three hits, two runs and two walks in 3 2/3 innings. He was the 17th starter used by the Astros this season, tying a franchise record set in 1965.
Vázquez’s solo homer, his seventh of the year, put the Astros ahead in the third inning.
Denzer Guzman put the Angels ahead in the fourth with what initially appeared to be a three-run homer. But, the call was changed to a two-run double due to fan interference.
Walbert Ureña (8-9) worked five innings for the Angels, giving up three runs and three hits with seven strikeouts.
The 15-year WNBA veteran announced on Wednesday morning that this would be her last WNBA season.
She made the announcement in an interview with Taylor Rooks at Boardroom Talks.
“I feel very fulfilled with the 15 years that I’ve been able to play and compete at such a high level and I am proud to say that I’m retiring from the WNBA,” Ogwumike said.
Drafted first overall in 2012, Ogwumike was the WNBA rookie of the year and went on to have one of the best careers in. league history. She was the league’s MVP in 2016, when she led the Sparks to their most recent WNBA title. She is also a four-time first-team All-Defensive player.
Joseph Paintsil scored a short-handed goal in the 79th minute to lead the Galaxy to a 1-0 victory over the San Jose Earthquakes on Wednesday night.
Paintsil used assists from rookie defender Harbor Miller and Marco Reus to find the net for the fifth time this season. Miller’s helper was his second, while Reus collected his seventh.
The Galaxy (6-8-7) were forced to play a man down from the 45th minute on after midfielder Lucas Sanabria was tagged with a pair of yellow cards in the final nine minutes of the first half.
Nico Hansen finished with one save and had his third consecutive shutout to help the Colorado Rapids beat LAFC 1-0 Wednesday night.
The Rapids (9-10-1) have won three consecutive games, all by shutout, and four of five since the World Cup break.
LAFC (10-7-4) is winless in three straight for the first time this season.
The Rapids took a 1-0 lead in the 22nd minute on an own goal by Jeremy Ebobisse. Youssef Maziz played a free kick from the right side into the area that was redirected by Ebobisse off the back post and into the net.
1921 — Molla Bjurstedt Mallory beats Mary Browne, 4-6, 6-4, 6-2 to win the U.S. women’s national tennis title at the Germantown Cricket Club in Philadelphia.
1931 — Helen Wills Moody beats Eileen Bennett Whitingstall 6-4, 6-1 to capture the women’s title in the U.S. Lawn Tennis Association championship.
1944 — Robert Hamilton upsets Byron Nelson in the final round 1-up to win the PGA Championship.
1960 — Holland’s Hairos II, driven by Willem Geersen, wins the second International Trot at Roosevelt Raceway before a record crowd of 54,861.
1995 — Monica Seles completes a remarkable first week back in tournament tennis, routing Amanda Coetzer 6-0, 6-1 to capture the Canadian Open. Her 74 games sets a tournament record for the fewest played by a champion.
1999 — Seventh Athletics World Championships open at Seville, Spain.
2000 — Tiger Woods wins the PGA Championship in a playoff over Bob May, becoming the first player since Ben Hogan in 1953 to win three majors in one year. He’s the first player to repeat as PGA champion since Denny Shute in 1937.
2003 — The U.S. wins the women’s overall team gold medal at the gymnastics world championships. It is the first gold for the Americans — men or women — at the biggest international event outside the Olympics.
2004 — Michael Phelps matches Mark Spitz’s record of four individual gold medals in Olympic swimming by winning the 100-meter butterfly. He edges teammate Ian Crocker to win his fifth gold medal. Shortly after winning his seventh medal of these Olympics, Phelps gives up his spot in the medley relay to Crocker.
2006 — Tiger Woods wins the PGA Championship for a five-shot victory over Shaun Micheel and his 12th career major. He becomes the first player to win the PGA twice on the same course, having done so at Medinah in 1999.
2008 — Usain Bolt of Jamaica breaks the 200-meter world record, winning in 19.30 seconds at the Beijing Games. He is the first man since Carl Lewis in 1984 to sweep the 100 and 200 at an Olympics.
2012 — Augusta National invites former Secretary of State Condoleezza Rice and South Carolina financier Darla Moore to become the first female members since the club was founded in 1932.
2016 — Allyson Felix and LaShawn Merritt anchor the 4×400 relay teams, and the U.S. exits the final night of action at Olympic Stadium with 31 medals — its most in a non-boycotted Olympics since 1956. The U.S. women’s basketball team beats Spain 101-72 for a sixth straight title.
2018 — Alabama becomes the second team to be ranked No. 1 in the preseason Associated Press Top 25 poll for three straight seasons. The preseason AP poll started in 1950 and since then only Oklahoma from 1985-87 had started No. 1 in three straight years.
2023 — FIFA Women’s World Cup Final, Stadium Australia, Sydney: Spanish captain Olga Carmona scores the only goal of the game as La Furia Roja score a 1-0 win over England.
Compiled by the Associated Press
This day in baseball history
1912 — Walter Johnson won his American League-record 15th straight game, downing Cleveland 4-2 in the opener of a doubleheader. Washington’s Carl Cashion pitched a six-inning no-hitter to give the Senators a 2-0 victory over the Cleveland Indians in the second game, which was called to allow Cleveland to catch a train to Boston.
1938 — New York’s Lou Gehrig hit his 23rd and the final grand slam of his career and drove in six runs to lead the Yankees to an 11-3 win over the Philadelphia Athletics.
1945 — Tommy Brown, 17 years, 8 months, 14 days, of the Brooklyn Dodgers became the youngest major league player to hit a home run when he connected in Ebbets Field against Preacher Roe of the Pittsburgh Pirates.
1957 — Bob Keegan of the Chicago White Sox pitched a 6-0 no-hit victory over the Washington Senators in the second game of a doubleheader.
1958 — Detroit’s Jim Bunning pitched a no-hitter to lead the Tigers to a 3-0 win over the Boston Red Sox in the opening game of a doubleheader at Fenway Park.
1961 — The Philadelphia Phillies beat the Milwaukee Braves 7-4 in the second game of a doubleheader to end a 23-game losing streak, a modern record.
1965 — Milwaukee’s Eddie Mathews hit his 28th home run, and the Braves beat the Pittsburgh Pirates 4-3. With the homer, the duo of Mathews and Hank Aaron passed the Babe Ruth-Lou Gehrig total of 772 home runs to become the top home-run tandem in major league history.
1974 — Nolan Ryan of the Angels struck out 19 Tigers in a 1-0, 11-inning loss to Detroit. It was the third time this season that Ryan struck out 19 batters in a game.
1980 — Pittsburgh’s Omar Moreno stole his 70th base of the season in a 5-1 loss to Houston, to become the first player this century with three consecutive 70-steal seasons. The fleet outfielder swiped 71 in 1978, 77 in 1979.
1989 — New York’s Howard Johnson hit his 30th home run of the season in the Mets’ 5-4 loss to the Dodgers and joined Bobby Bonds and Willie Mays as the only players to achieve 30 home runs and 30 stolen bases in two different seasons.
1995 — Jose Mesa of the Cleveland Indians picked up his 37th save in 37 opportunities to set a major league record, and the Indians beat the Milwaukee Brewers 8-5.
2005 — The Kansas City Royals ended baseball’s longest losing streak in 17 years, defeating the Oakland Athletics 2-1 to end a club-record 19-game skid.
2014 — The San Francisco Giants became the first team since 1986 to win a protest. Rain caused a delay during an Aug. 19 game after the grounds crew couldn’t put the tarp down quickly, and the umpires deemed the field unplayable. The Cubs were declared the winners by a 2-0 score after 4 1/2 innings. MLB ruled to resume the rain-shortened game with the Cubs batting in the bottom of the fifth.
2019 — By defeating the Blue Jays, 16-3, Clayton Kershaw of the Dodgers notches win No. 166 to pass Sandy Koufax for most by a left-hander in franchise history.
Compiled by the Associated Press
Until next time…
That concludes today’s newsletter. If you have any feedback, ideas for improvement or things you’d like to see, email me at houston.mitchell@latimes.com. To get this newsletter in your inbox, click here.
Jerry Buss put together what was then thought to be a wild business deal to purchase the Lakers and related assets for $67.5 million in 1979.
Buss had a degree in chemistry, but his money came from real estate holdings and loans that moved between third parties to help him obtain the Lakers, Kings and the Forum from Jack Kent Cooke, who was going through a costly divorce.
Buss’ vision was to infuse Hollywood glamour into an NBA team few in Los Angeles seemed to care about, win championships and share that glory with his family.
Buss realized his Hollywood dream in more ways than he ever could have imagined, with his death in 2013 from complications from cancer touching off battles among his six children over control of the Lakers.
Lakers owner Jerry Buss, center, with children Janie, from left, Jeanie, Johnny and Jim in 1979.
(Gunther/mptvimages.com)
At least two siblings have tried to oust another from a leadership role. One sibling reportedly said two others never should have been born. And one sibling managed to fire the five others from jobs with the team.
The rifts mirror the HBO hit show “Succession.” Buss’ tenure and the family drama has been direct inspiration for two television shows and was chronicled in a docuseries the Lakers produced.
The latest daggers were delivered this week, with attorneys representing Buss’ daughter, Jeanie, admonishing her five siblings — Janie, Johnny, Jim, Joey and Jesse — for announcing the Buss Family Trust was selling its 17.8% ownership of the Lakers to new buyers Bob Iger and Joshua Kushner.
The sale would yield billions for the trust, with Iger and Kushner set to purchase the franchise at a $12.5-billion evaluation for the majority ownership stake of the team and a tagalong provision extending that price to the minority shareholders.
The Buss children are already billionaires following the sale of their majority stake to previous owner Mark Walter in 2025, but in addition to a big jump in share value, the minority stake sale would remove Jeanie from her coveted role as governor.
Neither side is giving up ground, suggesting lawsuits will soon be filed to resolve the family ownership dispute.
How did we get here?
The roots of the infighting date to the early days of Jerry Buss’ team ownership.
Buss focuses on building a family business
For the first 12 seasons Buss owned the team, the Lakers won NBA championships in 1980 and 1982 against the Philadelphia 76ers, 1985 and 1987 against the hated Boston Celtics, and 1988 against the Detroit Pistons.
Former player and shrewd executive Jerry West helped build the Lakers’ rosters, Pat Riley blossomed into an elite coach, and stars Magic Johnson and Kareem Abdul-Jabbar led a collection of elite playmakers during the Showtime era.
Jerry Buss, right, talks with his children Johnny, Jim, Jeanie and Janie in 1979.
(Gunther / mptvimages.com)
The Buss family came along for the ride, with each child working on some aspect of the family business. Jeanie notably helped organize events at the Forum and was eager to take on more challenges while honoring her father’s ambition. Her father put her in charge of the team’s indoor tennis franchise when she was only 19.
As Jerry aged and new stars emerged, including Kobe Bryant, Shaquille O’Neal and coach Phil Jackson, it was clear the next ownership chapter for the Lakers would be messy.
For one thing, Jerry had trouble letting go of what he built.
“I just can’t visualize myself walking away, relinquishing control,” Jerry told The Times in 2002. “My relationship with this team is a lifelong marriage.”
A clear successor emerges
By the time they reached their 40s, Jeanie took on a greater role on the business side, while Jim became a basketball executive.
Joey and Jesse, the youngest Buss children, learned about scouting and business operations.
Lakers owner Jerry Buss poses with the NBA championship trophy in 1980.
(NBAE / Getty Images)
Jerry’s health challenges could not be denied and at age 69, he scaled back his involvement.
In 2002, Jeanie emerged as Jerry’s clear successor. At the time, her siblings did not seem interested in the role.
Her biggest challenges seemed to be getting the rest of the NBA to take her seriously after previously partying with her father’s girlfriends and posing nude for Playboy magazine. She told The Times she wished the media hadn’t focused as much on her past and stood by her work moving forward.
Soon after the Lakers hired Jackson in 1999, he asked Jeanie on a date. Their ensuing relationship added challenges to business operations, but The Times reported Jerry didn’t oppose it.
Lakers owner Jerry Buss and his daughter, Jeanie, pose for a photo at the Staples Center.
(Michael Kelley / For the Times)
Jeanie joined her father at NBA board of governors meetings for three years before being the Lakers’ sole representative at the gatherings that featured no other women. She handled an array of business challenges, big and small, and helped supervise the team’s move from the Forum to the Staples Center.
In 2002, all her siblings seemed content with Jeanie emerging as the face of the Lakers’ front office. They either were driven to make a name for themselves in other lines of business or had clearly carved out roles within the Lakers organization.
“My dad likes a system of checks and balances,” Jim told The Times. “Jeanie has more of the administrative part. We all have a good relationship. There’s no jealousy or envy. It’s very smooth.”
Buss family hits troubled waters
The smooth sailing didn’t last forever.
Jeanie helped her father navigate a series of difficult decisions. The Lakers agreed with Jackson to mutually part in 2004 amid a feud between Bryant and O’Neal, the first sign Jeanie was willing to part with someone she loved for the sake of the business. Jackson returned to coach the team in 2005 and held the role until his retirement in 2011, guiding the team to five titles.
In 2013, Jerry died and Bryant ruptured his left Achilles tendon. The Buss children reportedly decided against selling the team immediately after their father’s death, with Jeanie a clear vote against the move.
In 2014, coach Mike D’Antoni’s Lakers won 27 games. In 2015, the team won 21. In 2016, the team hit rock bottom with just 17 wins. Jeanie and Jackson broke up in 2016, ending their four-year engagement. She has since married comedian Jay Mohr.
Lakers star Kobe Bryant and Lakers governor Jeanie Buss stand beside each other on the basketball court.
(Wally Skalij / Los Angeles Times)
In 2017, the Lakers were headed to another losing season when Jeanie fired Jim, the president of basketball operations, and Mitch Kupchak, the team’s general manager. They were replaced by Rob Pelinka, Bryant’s former agent, and Johnson, the former Showtime star turned businessman.
Shortly after the firing, Jim and his brother, Johnny, tried to remove Jeanie from the team’s board of directors, sparking a legal feud that included Jeanie filing a restraining order while she wrestled control of the team.
“It wasn’t like we were trying to get rid of Jeanie as president of the Lakers,” Johnny said during a docuseries the team produced. “We wanted Jeanie to understand that Dad would not have wanted you to just take total control, hire and fire whoever you wanted, without the rest of us being involved.”
Jeanie countered her father created a trust that put her in control.
“They tried to disregard what their father wanted,” Jeanie said in the docuseries. “That’s a betrayal of all the hard work and what he did on our behalf to make this possible. I felt that there was this desire to remove me or stab me in the heart.”
A court ultimately delivered a ruling that Jeanie is still clinging to today as she hopes to retain the family’s minority ownership of the Lakers and her role as governor.
“The co-trustees are bound to vote the Los Angeles Lakers, Inc. shares to ensure that the minimum 15% ownership requirement is maintained in order to ensure that Jeanie Buss may remain controlling owner,” a letter written this week by Jeanie’s attorney reads, citing a 2017 court ruling outlining her role. “Any attempt by the co-trustees to do otherwise and any attempt to aid or abet the co-trustees as such would constitute a breach of trust, breach of fiduciary duty and be in contempt of court.”
The ruling stipulated that co-trustees “would take all actions reasonably available to them, including voting the trust’s shares to ensure that [Jeanie] is elected as the controlling owner of the Lakers on an annual basis during [her] lifetime.”
A title masks more drama
Soon after the ruling, Jeanie included younger brothers Joey and Jesse in the search for a coach to replace Luke Walton. Her siblings continued to hold roles within the team.
With Jeanie’s power firmly defined by the court, the Lakers signed LeBron James in 2018, traded for Anthony Davis in 2019 and won a title during a season shortened by COVID in 2020. It is the sole championship the team has won since Jerry’s death.
LeBron James hugs Lakers governor Jeanie Buss after winning the 2020 NBA championship.
(Douglas P. DeFelice / Getty Images)
The run to the latest title was far from smooth.
ESPN reported that when Jesse called Jeanie to ask a question about a remark Pelinka made during Davis’ introductory news conference in 2019, she told a story of a promise made between her father and mother that Jerry would never have any other children. Jeanie’s mother reportedly was heartbroken when Jerry and his then girlfriend had Joey and Jesse.
The siblings still somehow continued to work in various aspects of the Lakers’ operation.
Jeanie reportedly took intense criticism of the team during the last five years personally and Joey and Jesse wondered whether she might be open to selling the franchise. At the same time, value of NBA teams soared as more billionaires moved into the space. A sale would shift the siblings from millionaires who struggled to invest in growing the Lakers’ operations into billionaires.
A climate opposed to a sale
Jerry created a trust he hoped would prevent his children from feeling pressure to sell the team.
ESPN reported he prepaid inheritance taxes to prevent his children from having to do so upon his death and added provisions to the trust allowing siblings to buy each other out and forcing shares to be redistributed among the siblings when one died rather than passing them on to the next generation of their respective families.
Joey and Jesse began exploring small shares of the team and tried to get other family members on board, ESPN reported. They had not completed their work before Jeanie announced Walter’s offer. Four of the six siblings approved selling 50% of their shares to Walter for a figure that reportedly stunned all of them. Joey and Jesse learned the sale had been approved via a post on X by ESPN’s Shams Charania.
Janie told ESPN the Buss siblings were assured their roles with the team would not change for five years.
Walter’s purchase of the majority stake of the Lakers was approved by four of the six siblings in June 2025, with Jeanie endorsing the deal. She was assured she’d represent the Lakers on the NBA board of governors for at least the next five years.
On Nov. 20, three weeks after the NBA approved the sale to Walter, Jeanie fired Joey, Jesse, Jim, Johnny and Janie, who all worked for the team in various roles.
“I don’t think my dad would be happy with the way things just went down,” Janie told ESPN. “Not at all.”
While she disagreed with the way Jeanie handled the firings, her sister said in an interview with ESPN she didn’t think she meant to hurt her family.
“Jeanie doesn’t have a mean bone in her body, and so she just has to make these tough decisions,” Janie told the network. “And she’s been having to make them … I just wish she would’ve done it differently.”
Firing the last Buss family member
Last week, the family drama flared up again.
When Walter, who is facing multiple investigations into his business practices, reached a deal to sell his majority stake to Iger and Kushner, the family resumed conversations about completely cashing out of the Lakers.
Iger pledged to honor Walter’s agreement with Jeanie to remain as governor for at least five years and spoke highly of the Buss family in multiple interviews and statements released after the deal was announced.
Six days later, five of the siblings voted to approve the sale of their minority stake to Iger and Kushner, effectively firing Jeanie as governor.
Rob Pelinka, from left, Luka Doncic and Jeanie Buss pose for a photo in Katowice, Poland, on Aug. 27.
(Marcin Golba / Associated Press)
“We have decided as a family to sell the remaining Buss Family Trust shares to the Bob Iger group as part of the ongoing transaction,” the family’s statement to ESPN read. “We love the Lakers, Laker fans and will continue to support Los Angeles; but it is time to use this opportunity to move on and exit gracefully while we still can.”
Jeanie’s attorney has contested the sale, citing the 2017 court ruling. The attorney’s letter calls out two of Jeanie’s siblings for sending false information to ESPN: “This is just the latest instance of a years-long pattern whereby Joey and Jesse Buss leak false, defamatory and pernicious ‘information’ to Mr. Charania for the malicious purpose of doing harm to the Los Angeles Lakers so long as Dr. Buss’s chosen successor, Jeanie Buss, carries out her father’s wishes.”
Charania said he stands by his reporting.
The Buss Family Trust issued the following statement to The Times defending the five siblings’ right to sell the team:
“The Los Angeles Lakers have never been just a basketball team. They have been one of the greatest privileges of our lives. Our focus has always been on what we believe is best for the Lakers, the fans who have supported this franchise for generations and the greater Los Angeles community.
“Johnny, Jimmy, Janie, Joey and Jesse have made the decision to sell the family’s remaining stake, and we remain united in that decision. We intend to move forward thoughtfully, respectfully and through the appropriate process.
“We have tremendous respect for Bob Iger and Josh Kushner and believe they understand what the Lakers represent to Los Angeles and our incredibly loyal fan base. We are confident they will honor everything this franchise stands for while building upon the foundation our father created.”
It appears the Buss family will soon be headed back to court to decide their future as Lakers owners.
For more than four decades, the Lakers were a family-run business. The sibling rivalries still remain.
Jeanie Buss is fighting back after her siblings reportedly voted to sell the family’s remaining stake in the Lakers on Monday. The team’s governor, Buss sent a letter through her attorney to her brothers’ attorneys stating any votes to sell the family’s remaining 17.8% stake in the team to new majority owners Bob Iger and Joshua Kushner are void because the sale cannot be completed without approval of the other trustees: Jeanie and her younger siblings, Janie and Joey.
ESPN reported Monday that the six Buss family siblings, who took over team ownership after their father, Jerry Buss, died in 2013, are selling their shares of the Lakers to Iger and Kushner following a family vote. Iger, the longtime Disney chief executive, and Kushner, a venture capitalist and entrepreneur, agreed last week to buy Mark Walter’s controlling stake of the Lakers for a record valuation of $12.5 billion.
The transactions still need to be approved by the NBA board of governors. Jeanie Buss, who was to remain the Lakers governor for at least five years after Walter’s purchase of the team was approved last October, no longer would be eligible to serve on the board if the Buss family sells its shares. Governors are required to own at least a 15% stake.
“The co-trustees are bound to vote the Los Angeles Lakers, Inc. shares to ensure that the minimum 15% ownership requirement is maintained in order to ensure that Jeanie Buss may remain controlling owner,” the letter from Buss’ attorney reads, citing a 2017 court ruling outlining Jeanie Buss’ role. “Any attempt by the co-trustees to do otherwise and any attempt to aid or abet the co-trustees as such would constitute a breach of trust, breach of fiduciary duty and be in contempt of court.”
The trust was revised in 2017 after a series of legal battles between Jeanie and her older brothers, Johnny and Jim. It stipulated that co-trustees “would take all actions reasonably available to them, including voting the trust’s shares to ensure that [Jeanie Buss] is elected as the controlling owner of the Lakers on an annual basis during [her] lifetime.”
The statement to ESPN attributed to the Buss family regarding the sale read: “We have decided as a family to sell the remaining Buss Family Trust shares to the Bob Iger group as part of the ongoing transaction. We love the Lakers, Laker fans and will continue to support Los Angeles; but it is time to use this opportunity to move on and exit gracefully while we still can.” ESPN didn’t report a price for the shares.
The Buss family has owned the team since 1979, when Jerry Buss bought the franchise, the Forum and the Los Angeles Kings for $67.5 million. The family patriarch leveraged Hollywood glamour with entertainment spectacle to elevate the Lakers into an internationally recognized brand. The NBA’s biggest stars shone brightest in L.A.; Jerry West, Kareem Abdul-Jabbar, Magic Johnson, Shaquille O’Neal and Kobe Bryant helped pile up 10 championships under Buss. The Laker Girls became a harbinger of sports dance teams to come. Celebrities flocked to the courtside seats. Books and TV shows told the team’s Hollywood story.
Each of Buss’ six children — Jeanie, Jim, Johnny, Janie, Joey and Jesse — held titles in the organization. Jeanie was her father’s hand-picked successor. She fought to maintain her position against Johnny and Jim, who tried to reorganize the board of directors to push Jeanie out in 2017. She eventually ousted them from team operations. Joey and Jessie, the two youngest, were fired by the new owners last November. Joey was the team’s alternate governor and vice president of research and development, and Jesse was the assistant general manager. Janie held an administrative role directing the team’s charitable services.
The booming sports business quickly caught up to the team that once held the attention of the city with the league’s biggest stars, iconic “Showtime” style and old Hollywood feel. The Lakers slogged through a six-year playoff drought from 2013-19. The team started falling behind in resources and revenue compared to other organizations that controlled their own arenas and could maximize alternative revenue streams. The Buss family voted to relinquish a majority ownership of the team last year, bringing in Walter, who also owns the Dodgers.
Walter then shockingly flipped the NBA’s crown jewel franchise for a profit of $2.5 billion last week. The investment mogul who is under federal investigation for unpaid loans agreed to sell his stake in the Lakers to Kushner and Iger. Kushner is a co-founder of Thrive Capital, which started a permanent holdings company, Thrive Eternal, this year to invest in sports and cultural brands. Iger is the longtime Disney CEO who already owns Southland soccer club Angel City FC and previously flirted with NFL ownership by trying to build a stadium in Carson before the project ultimately went to the Stan Kroenke-led group that built SoFi Stadium in Inglewood.
Before including the Buss shares, the deal for the Lakers’ majority stake already was the largest sum paid for any professional sports franchise, surpassed only by Walter’s $10-billion purchase of the team. It still sits below Sportico’s estimate for the most valuable franchise, with the outlet listing the Dallas Cowboys’ valuation at $15.5 billion.
Minority stakeholders Dr. Patrick Soon-Shiong, who also owns the Los Angeles Times Media Group; real estate billionaire Ed Roski; and Walter business partner Todd Boehly own about 14% of the Lakers, according to Sportico.
How Iger and Kushner will finance the Lakers deal is unclear.
When the duo agreed to buy Walter’s share last week, Kushner and Iger released a statement that in part praised the Buss family’s work with the Lakers.
“We have immense respect for the leadership and vision of Jerry and Jeanie Buss,” the statement read. “Our long-term commitment is to build on that foundation, compete at the highest level, and serve this extraordinary team, its fans, and the city of Los Angeles.”
