Minority owner Jeanie Buss of the Los Angeles Lakers has made it clear that she has not agreed to sell the family’s stake in the franchise to Disney executive Bob Iger. Buss’s lawyer issued a statement on Tuesday, saying that any vote suggesting the Buss family is selling is “unfounded.” The clarification comes as the Lakers prepare for a first‑round NBA playoffs game against the Minnesota Timberwolves.
Background on the Sale Rumors
Earlier this week, a vote was reported that appeared to indicate the Buss family was moving toward a sale of their minority ownership. The vote was interpreted by some analysts as a step toward a larger ownership transition that could involve Disney, which has been exploring expansion into sports ownership through its media and entertainment assets.
Jeanie Buss’s Position
In a statement released by her legal team, Buss emphasized that she has not entered into any agreement to sell the Lakers’ minority stake. The lawyer noted that the family’s ownership interests remain intact and that any suggestion of a sale is “misleading.” Buss, who has been a key figure in the Lakers’ leadership since her father Jerry Buss’s passing, has long maintained a hands‑on role in the team’s operations.
Implications for the Lakers
While the Lakers are set to face the Timberwolves in the playoffs, the ownership question remains a point of interest for fans and investors alike. A potential sale to Disney could bring significant media and marketing resources to the franchise, but it would also raise questions about the team’s long‑term strategic direction. For now, the Buss family’s stake remains unchanged, and the Lakers’ focus is on the upcoming playoff series.
Next Steps
Both parties are reportedly continuing discussions, but no definitive agreement has been announced. The Lakers’ ownership structure will likely be clarified in the coming weeks as the team moves through the playoffs and into the next season. Stakeholders will be watching closely for any developments that could reshape the franchise’s future.
Source: CNBC – Jeanie Buss opposes sale of family’s stake