Jeanie Buss faces 15% hurdle to remain Lakers governor

Court hearing moves to Dec. 8 over family's 17.8% stake

Wire Report IntelligenceUpdated Sep 61 min read

What happened: Her petition seeks to stop five siblings from selling the Buss family's remaining 17.8% stake to Josh Kushner and Bob Iger. Attorneys obtained a continuance that moved the first hearing from Nov. 5 to Dec. 8.

Why it matters: The litigation is separate from Walter's $12.5 billion agreement with Kushner and Iger. Patrick Soon-Shiong and Ed Roski Jr. intend to retain their holdings, narrowing Buss' options for acquiring additional equity.

By the numbers: The family's 17.8% interest sits 2.8 percentage points above the NBA's 15% threshold for a governor. Soon-Shiong's 4% stake and Roski's roughly 3% combine for another 7% that is not currently available for purchase.

What to watch: The court must decide whether the sibling sale can proceed as the Kushner-Iger transaction moves toward completion.

Sources

Yahoo NBA 2026-09-06T02:06:26.483259+00:00

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