Jeanie Buss Petitions to Block Siblings' Sale of Lakers Shareholding Amid Family Business
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Jeanie Buss has petitioned a Los Angeles Superior Court to block her five siblings from selling the family's remaining 17.8% stake in the Lakers, which she claims to be a scheme to remove her from her role as team governor, according to The Athletic's Sam Amick and Melody Gutierrez.
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CBS SportsAs part of Walter's sale of the Lakers to Josh Kushner and Bob Iger, the Buss family also agreed to sell its remaining 17.8% stake in the NBA team, but Jeanie is now contesting that deal, claiming that she did not agree to it. The five non-Jeanie Buss siblings, however, have insisted that they "intend to move forward thoughtfully, respectfully and through the appropriate process" to complete the sale. This continues a long tradition of Buss family drama within the Lakers: Jeanie fired brother Jim as head of basketball operations in 2017, at which point he and brother Johnny attempted to strip Jeanie of her seat on the Lakers board of directors. The two sides ultimately agreed to settle with Jeanie remaining in control of the team.
ESPNBuss asks court to block siblings' vote to sell In a petition filed in Los Angeles Superior Court, Jeanie Buss is challenging the legality of her five siblings' vote to sell the family's remaining shares in the Lakers.
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Buss brothers joining new Padres ownership group The Buss brothers' new firm will be part of the Padres ownership group after selling the Lakers.
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Yahoo SportsThe Buss brothers, through their investment firm Buss Sports Capital, is buying a stake of about 5% in the Padres, reports Dave McMenamin of ESPN.
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The Buss family may have owned the Los Angeles Lakers alongside Dodgers owner Mark Walter, but it seems that alignment ends with basketball.
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CBS SportsIf that last name sounds familiar to sports fans, it's for good reason. Buss Sports Capital was founded by brothers Joey and Jesse Buss after their family sold the NBA's Los Angeles Lakers to Mark Walter in 2025. Walter, of course, is also the principal owner of the Dodgers and recently sold the Lakers after only 14 months of ownership amid a federal investigation into his finances.
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"We are honored to join Kwanza and José and have the opportunity to contribute to the future of a team that Jesse and I have loved since we were kids growing up in San Diego," Joey Buss said in a statement, via The Athletic. "Sports have always been a part of our family's story, and great organizations have a unique ability to bring people together and create a lasting sense of community. Padres fans have built one of the most passionate and loyal communities in all of sports, and we believe there is a tremendous opportunity to deepen that connection in San Diego and around the world."
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Yahoo Sports"We are honored to join Kwanza and José and have the opportunity to contribute to the future of a team that Jesse and I have loved since we were kids growing up in San Diego," Joey Buss said in a statement. "Sports have always been a part of our family's story, and great organizations have a unique ability to bring people together and create a lasting sense of community. Padres fans have built one of the most passionate and loyal communities in all of sports, and we believe there is a tremendous opportunity to deepen that connection in San Diego and around the world."
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Independent claims that didn't surface elsewhere in our corpus. Treat as supplementary — not corroborated across outlets.
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01 Yahoo Sports "Joey and Jesse announced they will be on the new ownership group's advisory board and apply their experience with player development, payroll management and roster construction to support this new era in Padres franchise history," McMenamin reports.
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02 CBS Sports The sale of the San Diego Padres became official on Aug. 17 when husband-and-wife duo José Feliciano and Kwanza Jones took over principal ownership of the ballclub. But they're not alone: Buss Sports Capital has agreed to buy a roughly 5% stake in the franchise, The Athletic reported on Wednesday.
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