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Lakers sale stalls as Jeanie Buss contests siblings' plan to sell minority stake | NewsNation Live
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August 18, 2026
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5:20Now PlayingLos Angeles Lakers governor Jeanie Buss is contesting her siblings’ plan to sell the family’s remaining 17.8% minority ownership stake in the team, according to a letter obtained by The Associated Press. Earlier this month, a deal was reached with Bob Iger and Josh Kushner to sell the team for $12 billion. The Buss siblings voted to sell the family trust’s remaining interest to the duo, which would end Jeanie Buss’ tenure as governor since the position requires at least 15% ownership of the team. Lakers and NBA analyst Iztok Franko joins "NewsNation Live" with the latest.
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