""What was important to him was that the Lakers stay at the top of the NBA, and to stay at the top of the NBA, you need to have the resources," Buss told CNBC. "You need to have everybody pulling together. And he would want [that for] the Lakers, because the Lakers are his legacy.""
""She fired everyone," a team official previously told ESPN in a story that chronicled tumult within the family leading up to and following the sale."
""I don't think my dad would be happy with the way things just went down," Janie said. "Not at all.""
Jeanie Buss led the 2025 sale of nearly half of the Buss family's 66% Los Angeles Lakers stake to billionaire Mark Walter at a $10 billion valuation to secure resources for sustained competitiveness. The family trust originally split ownership equally among six Buss siblings; after the sale each sibling received about $500 million after taxes and the family retained roughly 17% ownership, allowing Jeanie to meet the NBA's 15% governor threshold. Five siblings lost their roles with the franchise; Jeanie received a five-year contract and framed the decision as necessary for Lakers greatness, while some siblings expressed deep disappointment.
Read at ESPN.com
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