Jeanie Buss contests siblings’ plan to sell Lakers minority stake to Kushner and Iger
- Los Angeles Lakers governor Jeanie Buss is challenging her siblings’ plan to sell the family trust’s remaining 17.8% minority stake in the team to Josh Kushner and Bob Iger.
- Her attorney said any sale would require approval from the current co-trustees, Jeanie, Janie and Joey Buss, and that they must vote to preserve the 15% ownership minimum needed for Jeanie to remain controlling owner.
- The letter said any attempt to proceed otherwise would amount to a breach of trust, breach of fiduciary duty and contempt of court.
- If the minority stake is sold, Jeanie Buss would lose the governor role she has held since 2013.
- The transaction follows last year’s sale of a controlling Lakers stake to Mark Walter and a reported plan for Walter to sell the team to Kushner and Iger at a $12.5 billion valuation.
Jeanie Buss is formally contesting her siblings’ effort to sell the family trust’s remaining minority stake in the Los Angeles Lakers to Josh Kushner and Bob Iger. According to a letter obtained by The Associated Press, her attorney said the sale cannot go forward without the approval of the current co-trustees.
The letter says the trustees must vote in a way that keeps the minimum 15% ownership level in place so Jeanie Buss can remain controlling owner. It warns that moving ahead without that approval would violate the trust, breach fiduciary duties and could amount to contempt of court.
The dispute comes after the Buss family sold a controlling Lakers stake to Mark Walter last year. Walter has since reached a reported agreement to transfer the team to Kushner and Iger at a record $12.5 billion valuation, which would leave Jeanie Buss without the governor role she has held since her father’s death in 2013.
珍妮·巴斯反对兄弟姐妹将湖人队少数股权出售给库什纳和艾格的计划
珍妮·巴斯正在正式反对其兄弟姐妹将洛杉矶湖人队家族信托剩余少数股权出售给乔什·库什纳和鲍勃·艾格的计划。美联社获得的一封信显示，她的律师表示，这笔出售不能在现任共同受托人同意之外继续推进。
信中称，受托人必须投票维持最低15%的持股要求，以便珍妮·巴斯继续作为控股所有者。信件还警告说，在没有这种批准的情况下推进交易，将违反信托、违反受托责任，并可能构成藐视法庭。
这场争议发生在巴斯家族去年将湖人队控制权出售给马克·沃尔特之后。沃尔特随后据报已同意以125亿美元的创纪录估值把球队转手给库什纳和艾格，这将使自其父亲去世后一直担任球队总裁的珍妮·巴斯失去该职位。