The Buss family announced plans to sell their remaining stake in the Los Angeles Lakers to incoming owners Josh Kushner and Bob Iger, capping decades as primary stakeholders in the franchise. However, Jeanie Buss, who has governed the team since her father's death in 2013, has instructed her lawyer to contest the sale, arguing that her role as one of three co-trustees gives her veto power over such a transaction under the family trust agreement.

The legal dispute hinges on trust provisions designed to preserve Buss family influence: the trust reportedly requires maintaining at least 15% ownership to keep Jeanie as controlling owner. Buss's position directly contradicts the family vote to sell, setting up a confrontation that could delay or block the acquisition by Kushner's investment firm and the former Disney chief executive. The NBA board is expected to consider the broader $12.5bn transaction next month.