Jeanie Buss Seeks to Contest Sale of Los Angeles Lakers to Bob Iger and Josh Kushner: Report
Jeanie Buss, the Los Angeles Lakers owner who has been the face of the team since the death of her father Jerry Buss in 2013, is reportedly contesting the plan approved by her siblings to sell the family’s remaining 18% stake in the storied NBA franchise to investors Bob Iger and
This development in the potential sale of the Los Angeles Lakers has significant implications for the NBA and sports business as a whole. Jeanie Buss's decision to contest the sale suggests a deeper family dynamic at play, with her opposing the plans approved by her siblings. As the face of the team since her father's passing in 2013, Buss has been instrumental in shaping the Lakers' brand and direction.
The involvement of high-profile investors like Bob Iger, former Disney CEO, and Josh Kushner, a prominent businessman, adds another layer of intrigue to the story. Iger's reputation for building and growing successful brands could make him an attractive partner for the Lakers, but Jeanie Buss's objections may complicate the process. The sale of the family's remaining 18% stake could have a significant impact on the team's valuation and future decision-making.
What's next to watch is how this internal family dispute plays out and whether Jeanie Buss can successfully block the sale. The NBA's Board of Governors will ultimately need to approve any change in ownership, so their stance on this matter will be crucial. Additionally, the potential impact on the Lakers' operations, including their front office and coaching staff, will be worth monitoring in the coming weeks and months.
Originally reported by variety.com. SerbianNews adds analysis for culture, style & media readers.