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Mar 3, 2017 · When Jerry Buss died in February 2013, the legendary Lakers owner left his six children — each with an equal vote — in charge of a family trust, with a 66% ownership stake in the team.
Mar 8, 2017 · The trust document reviewed by The Times — one of four virtually identical trusts through which the Buss family owns 66% of the Lakers — is a key part of the simmering dispute between Jeanie Buss...
- nathan.fenno@latimes.com
- Staff Writer
Buss's 66% controlling ownership of the Lakers passed to his six children via a trust, with each child receiving an equal vote (11% for each child). [ 33 ] [ 34 ] His succession plan had daughter Jeanie assume his previous title as the Lakers' governor as well as its team representative at NBA Board of Governors meetings.
Mar 27, 2017 · According to a person familiar with the situation, Jim Buss resigned as co-trustee Thursday as part of a requirement by Jeanie Buss to resolve the dispute. Her younger sister and staunch ally...
Mar 4, 2017 · The hearing might also address any potential attempts by the brothers to dissolve the Buss family trust, a move that would jeopardize their sister’s control of the team.
Feb 19, 2013 · Black and Buss family spokesman Bob Steiner said the team is now held in a trust benefiting Buss' six children— Johnny, Jim, Joey, Jesse, Jeanie, and Janie. Although the Lakers will be owned...
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Aug 13, 2022 · That meant a heavy emphasis on the late Dr. Jerry Buss and his children in “Legacy: The True Story of the LA Lakers,” a 10-part docuseries that premieres Monday on Hulu. Buss, who died in ...
