Wednesday, August 19, 2026

Tuesday, August 18, 2026

Jeanie Buss blocking siblings’ decision to sell family’s remaining Lakers stake

WHAT was supposed to be the end of the Buss family era with the Los Angeles Lakers has suddenly turned into a fight for control.

Jeanie Buss is reportedly moving to block her siblings from selling the Buss family’s remaining 17.8-percent stake in the Lakers, a move that could also determine whether she remains the team’s governor.

The Buss family announced earlier that it had voted to sell its remaining shares to the ownership group led by Bob Iger and Josh Kushner as part of the massive Lakers ownership transaction.

But Jeanie is not going down without a fight.

According to her lawyer, Adam Streisand, the proposed sale cannot move forward without the approval of the trust’s co-trustees, which include Jeanie and her siblings Joey and Janie Buss.

The legal argument centers on the NBA’s ownership rules requiring a team governor to maintain at least a 15-percent ownership stake.

If the Buss family’s remaining shares are sold, Jeanie could lose the ownership requirement needed to remain in her position as Lakers governor, a role she has held since taking over following the death of her father, Jerry Buss, in 2013.

Her lawyer has reportedly argued that any attempt to approve the sale without her consent would be invalid and could amount to a breach of fiduciary duty.

The development adds another dramatic chapter to one of the biggest ownership transitions in NBA history.

Just days after it appeared that the Buss family was finally ready to completely walk away from the franchise they have owned since 1979, Jeanie is now fighting to preserve her position and prevent the family’s remaining stake from being sold.

The Lakers, after all, are more than just a business to the Buss family.

Under Jerry Buss, the franchise became one of the biggest dynasties in professional sports, winning 11 of its 17 NBA championships during the family’s ownership.

Now, more than four decades after Jerry Buss purchased the Lakers for $67.5 million, his children appear to be divided over how the family’s story with the franchise should end.

And while the NBA Board of Governors’ approval of the larger transaction still looms, one thing is now clear:

The Buss family may be ready to sell the Lakers but Jeanie Buss isn’t ready to let go.

The post Jeanie Buss blocking siblings’ decision to sell family’s remaining Lakers stake first appeared on Fastbreak.


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Bolick, Lucero, Barefield assured of spots for Asiad-bound Gilas

ROBERT Bolick, Zavier Lucero and Sedrick Barefield will reportedly banner the Gilas Pilipinas lineup for the 2026 Asian Games slated for next month in Aichi and Nagoya, Japan.

An informant told Abante Bilyonaryo Group’s Homer Sayson that the three PBA stars are already assured of their spots as the national team begins its preparations for the continental competition on Wednesday.

The three players are part of the 30-man pool submitted by the Samahang Basketbol ng Pilipinas (SBP) as its initial list of entries for the Asiad.

Bolick, who plays for NLEX, and Barefield of Blackwater were among the PBA players included in the initial pool, while Lucero represents Magnolia.

Other PBA stars named to the pool include June Mar Fajardo, Jaymar Perez, Jerrick Ahanmisi and Celedonio Trollano of San Miguel; Earl Scottie Thompson, Jeth Troy Rosario and Rhon Jay Abarrientos of Barangay Ginebra; and Calvin Oftana, Jordan Heading and Brandon Ganuelas-Rosser of TNT.

Converge contributed Justine Baltazar, Justin Arana and Juan Gomez de Liaño, while Rain or Shine has Adrian Nocum and Caelan Tiongson in the pool.

Chris Newsome and Brandon Bates are the other Meralco players listed, while Jason Perkins of Phoenix completes the PBA selections.

TNT guard Sean Quitevis was not part of the list but is invited to join the team as a practice player.

The 2026 Asian Games will be held in Aichi-Nagoya, Japan, from Sept. 19 to Oct. 4, while the men’s basketball competition is scheduled to take place earlier, from Sept. 10 to 20. (Adrian Co)

The post Bolick, Lucero, Barefield assured of spots for Asiad-bound Gilas first appeared on Fastbreak.