Jeanie Buss during the unveiling of a statue of former Lakers coach Pat Riley in Star Plaza in front of Crypto.com Arena in Los Angeles, Feb. 22, 2026.
Keith Birmingham | MediaNews Group | Pasadena Star-News | Getty Images
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.
Jerry Buss structured his estate to keep the Los Angeles Lakers in the family after his death. But some of the safeguards meant to preserve that legacy have driven his children apart, according to trusts and estates attorneys.
Five of Buss’ six adult children want to sell the family’s remaining stake in the basketball team, valued by a separate recent transaction at $12.5 billion. Meanwhile, their sister Jeanie contends that her siblings do not have the legal authority to give up ownership and is opposing…
