# Los Angeles Lakers ownership dispute > Developing situation record from CLSTR: https://clstr.news/situations/20261031-los-angeles-lakers-ownership-dispute > Updated: 2026-10-31T20:30:00.000Z. Sources: 5. Developments: 2. A legal conflict has emerged within the Buss family regarding the ownership and potential sale of the Los Angeles Lakers. The dispute centers on the Buss Family Trust’s 17.82 percent stake in the franchise, which is part of a proposed $12.5 billion sale to an ownership group led by Bob Iger and Joshua Kushner. Initially, five siblings of team governor Jeanie Buss filed a legal opposition in Los Angeles Superior Court to block her attempts to prevent the sale. The siblings characterized Jeanie’s legal petitions as “legally and factually baseless” and sought to include the trust’s interest in the transaction. Jeanie Buss argued that the sale would violate the family trust and jeopardize her ability to maintain the minimum 15 percent ownership required by NBA rules to remain governor. The situation escalated when Jeanie Buss filed a lawsuit against her siblings. She accused them of orchestrating a “cloak and dagger” operation and a “false flag operation” intended to undermine her authority and force her to accept the sale. She alleged the siblings conducted private votes and shared information with the media to make it appear she was obstructing business. The siblings have rejected these claims, asserting their actions are permitted under the trust and accusing Jeanie of prioritizing her leadership position over the family’s financial interests. ## Timeline ### 2026-10-31: Jeanie Buss sues siblings over alleged Lakers ownership plot Jeanie Buss has sued her siblings, alleging a secret plot to oust her as leader of the Los Angeles Lakers during a proposed sale of the family's remaining ownership stake. 5 sources. https://clstr.news/cluster/jeanie-buss-sues-siblings-over-alleged-lakers-ownership-plot ### 2026-10-07: Jeanie Buss siblings file legal opposition to Lakers stake sale Five Buss siblings have filed a legal opposition in Los Angeles to block Jeanie Buss’s attempt to stop the sale of the family’s 17.8 percent stake in the Lakers to a group led by Joshua Kushner and Bob Iger. 9 sources. https://clstr.news/cluster/buss-siblings-challenge-jeanie-busss-bid-to-block-lakers-stake-sale --- Cite as: Los Angeles Lakers ownership dispute. CLSTR, https://clstr.news/situations/20261031-los-angeles-lakers-ownership-dispute