The Lakers drama never quits, does it? We’ve got more wild news coming out of LA, with Jeanie Buss reportedly open to buying out her own siblings to gain control of the Buss Family Trust. This isn’t some quiet family disagreement, this is a bombshell that could reshape the entire franchise, and honestly, after another exhausting week of reports, it feels like this family feud is destined for a courtroom showdown.
Jeanie’s Power Play: Buying Out The Family
So, get this: a piece by Dan Woike and Sam Amick over at The Athletic dropped a report that Jeanie is exploring the possibility of buying shares from the rest of the Buss family. Think about that for a second! She could effectively take full control of the trust. A league source confirmed Jeanie is totally open to exploring this scenario, which, duh, makes sense for her. To pull this off and stay governor, she’d need to keep at least 15 percent of the shares, but it’s on the table. The big question is, will her siblings even sell to her? Or would they rather cash out to someone like Bob Iger and Josh Kushner? And can Jeanie even afford to do it? It feels like a long shot, but man, it’s a dramatic turn in this whole saga.
The Contract That Keeps Her In Charge (For Now)
And here’s another twist that makes this whole thing even crazier: Iger and Kushner might want a different governor, especially with all this “messiness” around the family. But it might not be up to them! Woike and Amick also reported that the contract Jeanie signed with Mark Walter 14 months ago, which keeps her as governor for at least five years, is now considered part of the deal with Iger and Kushner. So, if they take over Walter’s ownership role, they’re likely stuck with Jeanie as governor for the next four years. A league source close to the situation said this contractual agreement is now baked into the deal. That explains why Jeanie is fighting so hard to maintain her 15 percent ownership stake. If she knows she’ll be governor no matter who owns the team, then her stance makes total sense.
This whole situation is a powder keg. What happens next with the Buss family could completely change the direction of the Lakers. It’s not about what happens on the court right now; it’s about who’s running the show for years to come. Lakers fans need to keep a close eye on this, because the stakes couldn’t be higher for their team’s future.
This article was created with AI assistance and published under Seattle On Tap’s editorial standards. See our Editorial Policy.
Originally reported by Silver Screen and Roll.
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