Jeanie Buss Blocks Lakers Sale | Business and Finance News

Jeanie Buss is locking down control of the Lakers, sending a legal warning that any attempt to sell her siblings’ stake without her approval is null and void — backed by a 2017 court order. With Bob Iger and Jared Kushner poised to buy majority ownership in a $12.5 billion deal, Jeanie, along with siblings Janie and Joey as co-trustees, insists they must retain at least 15% to maintain her leadership. Violating this could trigger contempt charges — and anyone aiding the move faces consequences too. The future of Lakers ownership hangs in the balance. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/8a170b4bfc1f87c1