The Buss family is back in court battling for control of their $17.8% share of the team.
Yahoo Sports · August 27, 2026

On Wednesday, Jeanie Buss, through her attorney Adam Streisand, filed a petition in Los Angeles Superior Court asking the judge to block a vote by Jeanie's five siblings to sell the family's remaining shares of the Lakers, something detailed i n multiple reports . The petition challenges the vote's legality, calls her siblings "devious," and says they have been plotting to remove Jeanie as the team governor.
The Buss family still owns 17.8% of the Lakers through a trust involving all six siblings: Johnny, Jim, Janie, Joey, Jesse and Jeanie. Among that group, Joey, Janie and Jeanie are the three co-trustees. Every one of the children of Jerry Buss had a role with the franchise, but that changed over the years and especially after the sale to Mark Walter, with Jeanie locked in as team governor as part of the sale contract but the other siblings ultimately being pushed out of an active role. For example,
The five other siblings voted to exercise a tag-along clause and join Walter's sale of the iconic basketball franchise to Josh Kushner and Bob Iger, a deal made at a $12.5 billion valuation. That would have the Buss family stake worth $2.2 billion, or a little more than $370 million each.
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