- Jeanie Buss has a reported agreement with Mark Walter that would let her remain the Lakers’ alternate governor beyond the original five-year period, but only if she keeps at least a five-percent ownership stake in the franchise.
- Jeanie Buss challenged the legality of her siblings’ vote to sell the family’s remaining shares of the franchise, while the five other Buss siblings filed a formal claim against her for refusing to sell her shares.
- The dispute is centered on the family’s remaining 17.82% ownership stake.
- That stake is expected to be sold after an NBA board of governors vote in November, with the trust projected to generate $2.2 billion through the tag-along provision by selling to the group involving Josh Kushner and Bob Iger.
- The tension in the case is straightforward: the reported governance agreement gives Buss a path to stay in place, but only if she retains enough ownership, while the siblings’ filing pushes the opposite direction by backing the sale that could alter that status.
- If the family’s remaining shares are sold and Buss no longer has the required stake, the reported agreement would not preserve her role.
Jeanie Buss’s Lakers role now sits between a reported governance deal and a formal family fight over the team’s shares
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Sources & Referenced Reporting
- lakersnation.com, “Jeanie Buss Had Agreement With Mark Walter To Remain Lakers’ Alternate Governor Beyond Original Five-Year Period,” Oct. 8, 2026.
- ESPN, “Buss siblings formally file case against Jeanie over sale of Lakers shares,” Oct. 8, 2026.
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