Sport.News
All
NFL
NBA
MLB
NHL
Soccer
F1
Tennis
Golf
Boxing
MMA
Athletics
Swimming
Jeanie Buss contests vote to sell Lakers stake, calls family strategy ‘breach of trust’
🏀Basketball

Jeanie Buss contests vote to sell Lakers stake, calls family strategy ‘breach of trust’

Jeanie Buss's lawyers have declared void a reported vote by her siblings to sell the Buss family's remaining stake in the Los Angeles Lakers, calling the move a 'breach of trust, breach of fiduciary duty' that could put them in contempt of court. The dispute arises after Lakers co-owner Mark Walter agreed to sell the franchise to former Disney CEO Bob Iger and venture capitalist Josh Kushner at a reported valuation of $12.5 billion. The sale, if approved by the NBA's Board of Governors, would result in Jeanie Buss losing her position as team governor.

Sport.News·2h
Source
Continue reading

No news yet

Check back soon for the latest sports news

Jeanie Buss contests vote to sell Lakers stake, calls family strategy ‘breach of trust’ · Sport.News