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Mar 3, 2017 · When Jerry Buss died in February 2013, the legendary Lakers owner left his six children — each with an equal vote — in charge of a family trust, with a 66% ownership stake in the team.
Buss's 66% controlling ownership of the Lakers passed to his six children via a trust, with each child receiving an equal vote (11% for each child). His succession plan had daughter Jeanie assume his previous title as the Lakers' governor as well as its team representative at NBA Board of Governors meetings.
After her father died in 2013, his controlling ownership of the Lakers passed to his six children via a family trust, with each sibling receiving an equal vote. Buss took over as team president and as the Lakers representative on the NBA Board of Governors.
Mar 8, 2017 · Lakers controlling owner Jeanie Buss' sister Janie says her brothers Jim and Johnny are trying to bust the family trust to sell interest in franchise.
Mar 4, 2017 · The Buss Family’s Complicated Power Struggle Over The Lakers. Jeanie Buss temporarily thwarted her brothers' attempt to seize control of the Lakers. SI.com's legal expert breaks down the...
Mar 8, 2017 · The trust document reviewed by The Times — one of four virtually identical trusts through which the Buss family owns 66% of the Lakers — is a key part of the simmering dispute between Jeanie Buss...
Mar 27, 2017 · The ill-fated takeover attempt cost Jim Buss his spot as a co-trustee for the four trusts through which the Buss family own 66% of the team. According to a person familiar with the...
Apr 11, 2017 · The inside story of how Lakers controlling owner Jeanie Buss seized control of her franchise for good, after years of familial drama -- and months of legal threats and maneuvers.
Mar 27, 2017 · According to a person familiar with the situation, Jim Buss resigned as co-trustee Thursday as part of a requirement by Jeanie Buss to resolve the dispute.
Aug 15, 2022 · When former Lakers owner Jerry Buss died in 2013, he left his six children with a family trust owning 66 percent of the team, according to the Los Angeles Times. These days, Jeanie is the team’s ...
