Search results
Mar 3, 2017 · March 3, 2017 4 PM PT. 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...
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.
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...
Mar 4, 2017 · Dr. Buss owned the Lakers through a family trust, of which he served as the trustor until his death.
Mar 8, 2017 · ESPN. 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 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...
Mar 27, 2017 · From the Los Angeles Times: 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. Her...
