{"id":863209,"date":"2026-08-19T02:12:23","date_gmt":"2026-08-19T02:12:23","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/863209\/"},"modified":"2026-08-19T02:12:23","modified_gmt":"2026-08-19T02:12:23","slug":"is-the-jeanie-buss-lakers-sale-saga-the-real-life-nba-succession","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/863209\/","title":{"rendered":"Is the Jeanie Buss-Lakers Sale Saga the Real-Life NBA \u2018Succession\u2019?"},"content":{"rendered":"<p id=\"inline-text-0\" class=\"mt-[18px] md:mt-0 mb-[18px] [&amp;_a]:text-primary my-f-1.5\" q:key=\"0\" q:id=\"9o\">\u201cYou are not serious people\u201d might be what Bob Iger and Josh Kushner are thinking about the Buss family right about now.<\/p>\n<p id=\"inline-text-1\" class=\"my-[18px] [&amp;_a]:text-primary my-f-1.5\" q:key=\"0\" q:id=\"9r\">Days after Mark Walter <a href=\"https:\/\/www.si.com\/nba\/lakers\/shockingly-sold-second-time-two-years-amid-federal-probe-mark-walter\" rel=\"nofollow noopener\" target=\"_blank\">sold the Lakers to Iger and Kushner<\/a> in a massive $12.5 billion deal, the Buss family <a href=\"https:\/\/www.espn.com\/nba\/story\/_\/id\/49641147\/sources-buss-family-selling-remaining-stake-lakers\" target=\"_blank\" rel=\"nofollow noopener\">has reportedly chosen to sell its remaining stake<\/a> (17.8%) in the franchise to the new majority owners. But\u2014much like every episode of the HBO\u2019s hit drama Succession\u2014the plot thickens. <\/p>\n<p id=\"inline-text-2\" class=\"my-[18px] [&amp;_a]:text-primary my-f-1.5\" q:key=\"0\" q:id=\"9u\">Lakers governor Jeanie Buss is contesting the attempt by her five siblings to sell her family\u2019s stake in the team, <a href=\"https:\/\/www.si.com\/nba\/lakers\/why-jeanie-buss-says-siblings-cant-sell-family-stake-in-lakers\" rel=\"nofollow noopener\" target=\"_blank\">according to a letter from Buss\u2019s lawyer Adam Streisand<\/a>. Buss, who has more or less taken charge of the organization since the death of her father Jerry in 2013, appears to be pushing back on the stunning move, one that would put an end to the Buss family\u2019s decades-long stewardship of the iconic NBA franchise.<\/p>\n<p id=\"inline-text-3\" class=\"my-[18px] [&amp;_a]:text-primary my-f-1.5\" q:key=\"0\" q:id=\"9x\">A familiar story. Enter the fictional Roy family. <\/p>\n<p id=\"inline-text-4\" class=\"my-[18px] [&amp;_a]:text-primary my-f-1.5\" q:key=\"0\" q:id=\"a0\">For all of its rich people satire and classist commentary, Succession can be boiled down to a simple premise: how does a powerful family-run business change hands? Comparing the Roys to the Busses is not fair to the latter, in many ways. The HBO show\u2019s supremely hateable characters are rumored to be inspired by Rupert Murdoch and his family, a real-life media dynasty and global empire whose power dynamics arguably operate at a much different level than that of the Buss household.<\/p>\n<p id=\"inline-text-5\" class=\"my-[18px] [&amp;_a]:text-primary my-f-1.5\" q:key=\"0\" q:id=\"a3\">Still, there are some eerie similarities between the Roys and Busses that haven\u2019t gone unnoticed. (Warning: spoilers ahead for those who haven\u2019t finished the show).<\/p>\n<p>Rewatching Succession through the lens of the Buss family drama<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/08\/01m0b5yf3sqvwwb1p30r.jpg\" alt=\"Jeanie Buss, Logan Roy, Succession, Los Angeles Lakers\" title=\"Jeanie Buss, Logan Roy, Succession, Los Angeles Lakers\" width=\"360\" height=\"203\" class=\"undefined w-full w-full blur-[5px]\" q:id=\"ag\"\/><\/p>\n<p>HBO\u2019s drama \u201cSuccession\u201d mirrors what the Buss family is going through amid their reported attempt to sell their Lakers stake. | Emma McIntyre\/Getty Images<\/p>\n<p id=\"inline-text-8\" class=\"my-[18px] [&amp;_a]:text-primary my-f-1.5\" q:key=\"0\" q:id=\"ak\">Succession\u2019s patriarch Logan Roy dies in Season 4 on the toilet of his private plane. Fitting, perhaps, for a ruthless tycoon who had long prioritized his business interests over the wellbeing of his children. <\/p>\n<p id=\"inline-text-9\" class=\"my-[18px] [&amp;_a]:text-primary my-f-1.5\" q:key=\"0\" q:id=\"an\">Immediately, Kendall, Shiv and Roman are thrust into the \u201csuccession\u201d scheme and aren\u2019t afraid of getting their shoes dirty to secure a foothold in Logan\u2019s all-powerful media kingdom. A document from Logan\u2019s safe names Kendall as his successor and simultaneously raises debate among the children over how legitimate Kendall\u2019s claim to the throne is (\u201cDad said so,\u201d Kendall matter-of-factly argues). <\/p>\n<p id=\"inline-text-10\" class=\"my-[18px] [&amp;_a]:text-primary my-f-1.5\" q:key=\"0\" q:id=\"aq\">Kendall and Roman ultimately decide to take charge of Waystar Royco as co-CEOs while sidelining Shiv but promising to keep her involved in the operations. Feeling jilted, the ever-deceptive Shiv plots to weasel her way back into her dad\u2019s empire, which includes forming an alliance with billionaire tech bro Lukas Matsson to get back at her brothers.<\/p>\n<p id=\"inline-text-11\" class=\"my-[18px] [&amp;_a]:text-primary my-f-1.5\" q:key=\"0\" q:id=\"at\">The King Lear-style drama ends with Shiv voting against Kendall\u2019s plan to kill the deal with GoJo (Matsson\u2019s company) and anoint himself, the eldest boy, as CEO. GoJo successfully acquires Waystar, Shiv holds hands with new CEO (and her husband) Tom Wambsgans and Kendall stares off into the setting sun. Absolute cinema.<\/p>\n<p id=\"inline-text-12\" class=\"my-[18px] [&amp;_a]:text-primary my-f-1.5\" q:key=\"0\" q:id=\"aw\">Over in the NBA, Jerry Buss\u2019s death in 2013 triggered a similar in-house dispute of his family business. At the time, the patriarch owned a whopping 66% share of the Lakers, whose value had exponentially grown in the decades following his purchase. <a href=\"https:\/\/www.espn.com\/nba\/story\/_\/id\/47594947\/inside-jeanie-jerry-buss-family-infighting-drove-10b-sale-los-angeles-lakers-mark-walter\" rel=\"nofollow noopener\" target=\"_blank\">Buss\u2019s dream was always for the Lakers to remain in his family\u2019s name<\/a> and for the generational wealth he created to be passed down the line.<\/p>\n<p id=\"inline-text-13\" class=\"my-[18px] [&amp;_a]:text-primary my-f-1.5\" q:key=\"0\" q:id=\"az\">That didn\u2019t happen. <\/p>\n<p id=\"inline-text-14\" class=\"my-[18px] [&amp;_a]:text-primary my-f-1.5\" q:key=\"0\" q:id=\"b2\">Upon Buss\u2019s death, six equal shares of the Lakers were divided among his six children and bound together by a family trust. Jeanie Buss took over her late father\u2019s role as team governor and, by association, the most face-forward member of the Buss family helming the Lakers franchise, but her siblings weren\u2019t always pleased with how she chose to run the ship.<\/p>\n<p id=\"inline-text-15\" class=\"my-[18px] [&amp;_a]:text-primary my-f-1.5\" q:key=\"0\" q:id=\"b5\">Here\u2019s an excerpt from <a href=\"https:\/\/www.espn.com\/nba\/story\/_\/id\/47594947\/inside-jeanie-jerry-buss-family-infighting-drove-10b-sale-los-angeles-lakers-mark-walter\" rel=\"nofollow noopener\" target=\"_blank\">ESPN\u2019s tell-all piece<\/a> about how the Buss family\u2019s \u201cinfighting\u201d drove them to sell their controlling majority stake to Mark Walter in late 2025:<\/p>\n<p id=\"inline-text-16\" class=\"my-[18px] [&amp;_a]:text-primary my-f-1.5\" q:key=\"0\" q:id=\"b8\">Interviews with current and former Lakers staffers with direct knowledge of key events and sources close to and within the Buss family reveal the post-Jerry Buss era with the Lakers has been defined largely by sibling infighting and subterfuge, attempted coups and deep familial distrust.<\/p>\n<p>Buss family tree (listed by seniority)<\/p>\n<p>Jerry Buss<\/p>\n<p>Family patriarch, died in 2013<\/p>\n<p>Johnny Buss<\/p>\n<p>Son<\/p>\n<p>Jim Buss<\/p>\n<p>Son<\/p>\n<p>Jeanie Buss<\/p>\n<p>Daughter<\/p>\n<p>Janie Buss<\/p>\n<p>Daughter<\/p>\n<p>Joey Buss<\/p>\n<p>Half-sibling<\/p>\n<p>Jesse Buss <\/p>\n<p>Half-sibling<\/p>\n<p id=\"inline-text-18\" class=\"my-[18px] [&amp;_a]:text-primary my-f-1.5\" q:key=\"0\" q:id=\"bd\">One of the most dramatic examples of the Buss family\u2019s years-long infighting came in March 2017 when the Los Angeles Times <a href=\"https:\/\/www.latimes.com\/sports\/lakers\/la-sp-buss-lakers-20170303-story.html\" rel=\"nofollow noopener\" target=\"_blank\">reported that Johnny and Jim attempted to oust Jeanie as Lakers\u2019 president and controlling owner<\/a>. After Jeanie replaced Jim with new Lakers vice president of basketball operations Magic Johnson, Johnny and Jim formed a plan to sap some of Jeanie\u2019s power via an election for the team\u2019s board of directors. The two brothers submitted four names for the board seats\u2014none of whom were Jeanie. The plotted coup was thwarted by Jeanie, who in response filed a restraining order against her brothers.<\/p>\n<p id=\"inline-text-19\" class=\"my-[18px] [&amp;_a]:text-primary my-f-1.5\" q:key=\"0\" q:id=\"bg\">\u201cClearly, the intention that my father had in the trust is that I would be named controlling owner, because he wrote the trust exactly the way the judge interpreted it. Those were his wishes,\u201d Jeanie said of her brothers\u2019 actions in a 2022 Hulu docuseries on the Lakers. \u201cAnd they tried to disregard what their father wanted. That&#8217;s a betrayal of all the hard work and what he did on our behalf to make this possible. I felt that there was this desire to remove me or stab me in the heart.\u201d<\/p>\n<p id=\"inline-text-20\" class=\"my-[18px] [&amp;_a]:text-primary my-f-1.5\" q:key=\"0\" q:id=\"bj\">That bitter sibling quarrel proved to be a defining moment during Jeanie\u2019s stewardship of the Lakers, and one that may have changed her relationship with her family for good. <\/p>\n<p id=\"inline-text-21\" class=\"my-[18px] [&amp;_a]:text-primary my-f-1.5\" q:key=\"0\" q:id=\"bm\">\u201cFrom that point on, I&#8217;ve probably talked to Jeanie, I don&#8217;t know, four or five times,\u201d <a href=\"https:\/\/www.espn.com\/nba\/story\/_\/id\/47594947\/inside-jeanie-jerry-buss-family-infighting-drove-10b-sale-los-angeles-lakers-mark-walter\" rel=\"nofollow noopener\" target=\"_blank\">Johnny told ESPN<\/a>. \u201cAnd that&#8217;s sad.\u201d<\/p>\n<p>Jeanie Buss battles her siblings on contentious Lakers sale: When will it end?<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/08\/01m0bgdcdb6fvhccxcnc.jpg\" alt=\"Jeanie Buss\" title=\"Jeanie Buss\" width=\"360\" height=\"203\" class=\"undefined w-full w-full blur-[5px]\" q:id=\"bz\"\/><\/p>\n<p>Jeanie Buss hopes a 2017 court order will keep her as Lakers\u2019 governor | IMAGN IMAGES via Reuters Connect<\/p>\n<p id=\"inline-text-24\" class=\"my-[18px] [&amp;_a]:text-primary my-f-1.5\" q:key=\"0\" q:id=\"c3\">Earlier this week, the Buss family trust received the majority votes to allow trustees to sell its remaining 17.8% stake, <a href=\"https:\/\/www.espn.com\/nba\/story\/_\/id\/49641147\/sources-buss-family-selling-remaining-stake-lakers\" target=\"_blank\" rel=\"nofollow noopener\">according to ESPN<\/a>. The move would strip Jeanie Buss of her title as team governor due to NBA guidelines that require controlling owners or governors to own at least 15% of a franchise.<\/p>\n<p id=\"inline-text-25\" class=\"my-[18px] [&amp;_a]:text-primary my-f-1.5\" q:key=\"0\" q:id=\"c6\">The sale reportedly required four of six votes, and five of the six siblings voted to sell, per ESPN. Jeanie contested the sale via a letter from her lawyer that <a href=\"https:\/\/www.si.com\/nba\/lakers\/why-jeanie-buss-says-siblings-cant-sell-family-stake-in-lakers\" rel=\"nofollow noopener\" target=\"_blank\">argued there can be no sale<\/a> without the approval of the three remaining trustees: Jeanie, Janie and Joey Buss.<\/p>\n<p id=\"inline-text-26\" class=\"my-[18px] [&amp;_a]:text-primary my-f-1.5\" q:key=\"0\" q:id=\"c9\">MORE: <a href=\"https:\/\/www.si.com\/nba\/lakers\/three-big-questions-circling-lakers-amid-potential-sale-buss-family-remaining-stake\" target=\"_blank\" rel=\"nofollow noopener\">Three Big Questions Circling the Lakers Amid Potential Sale of Buss Family\u2019s Remaining Stake<\/a><\/p>\n<p id=\"inline-text-27\" class=\"my-[18px] [&amp;_a]:text-primary my-f-1.5\" q:key=\"0\" q:id=\"cc\">The Buss siblings shared a statement on their collective decision to sell to Iger and Kushner shortly after Jeanie\u2019s lawyer\u2019s letter was made public:<\/p>\n<p id=\"inline-text-28\" class=\"my-[18px] [&amp;_a]:text-primary my-f-1.5\" q:key=\"0\" q:id=\"cf\">\u201cThe Los Angeles Lakers have never been just a basketball team. They have been one of the greatest privileges of our lives. Our focus has always been on what we believe is best for the Lakers, the fans who have supported this franchise for generations and the greater Los Angeles community.<\/p>\n<p>\u201cJohnny, Jimmy, Janie, Joey and Jesse have made the decision to sell the family&#8217;s remaining stake, and we remain united in that decision. We intend to move forward thoughtfully, respectfully and through the appropriate process.\u201d<\/p>\n<p lang=\"en\" dir=\"ltr\">Statement from Jim, Johnny, Janie, Joey and Jesse Buss after attorney of Jeanie Buss made clear she will battle her family members on selling their remaining 17.8% Lakers ownership stake: <\/p>\n<p>The Los Angeles Lakers have never been just a basketball team. They have been one of the\u2026<\/p>\n<p>\u2014 Shams Charania (@ShamsCharania) <a href=\"https:\/\/x.com\/ShamsCharania\/status\/2089806026187080014?ref_src=twsrc%5Etfw\" rel=\"nofollow\">August 18, 2026<\/a><\/p>\n<p id=\"inline-text-30\" class=\"my-[18px] [&amp;_a]:text-primary my-f-1.5\" q:key=\"0\" q:id=\"cl\">Including the shares from the Buss family, Iger and Kushner\u2019s ownership stake in the Lakers would rise to approximately 83%. <\/p>\n<p id=\"inline-text-31\" class=\"my-[18px] [&amp;_a]:text-primary my-f-1.5\" q:key=\"0\" q:id=\"co\">If the end of Succession saw Shiv backstab her two brothers to facilitate a clean-hands sale of her late father\u2019s colossal empire, the Buss-Lakers drama features another eldest daughter, Jeanie, trying to stop her siblings from selling the rest of their late father\u2019s holdings: a since-watered down stake in one of the most valuable sports franchises in the world.<\/p>\n<p id=\"inline-text-32\" class=\"my-[18px] [&amp;_a]:text-primary my-f-1.5\" q:key=\"0\" q:id=\"cr\">As things stand, the Busses could be headed for a drama-filled, Succession-esque family showdown that will probably get ugly. For Lakers fans hoping the chaos doesn\u2019t spill over into the impending NBA season, they may take some solace in the fact that no matter who the team\u2019s stewards are, L.A. still boasts the likes of superstar Luka Don\u010di\u0107 and Austin Reaves and gets to step forward into a new dawn, rather than stare listlessly at the setting sun. \u201cThe future is real. The past is all made up,\u201d Logan Roy tells Shiv in Scotland during Season 2 of the show. Focus on that.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"22\" height=\"22\" alt=\"\" src=\"https:\/\/assets.minutemediacdn.com\/platform\/google_discover_icon.svg\" class=\"shrink-0\"\/>Add us as a preferred source on Google<a aria-label=\"Follow si.com on Google News\" href=\"https:\/\/www.google.com\/preferences\/source?q=si.com\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" class=\"flex h-[30px] w-[30px] shrink-0 items-center justify-center rounded-full bg-primary font-group-large text-sm font-medium text-white transition-colors hover:bg-secondary focus:bg-secondary md:w-auto md:gap-2.5 md:px-4 md:py-[5px]\">Follow<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"\u201cYou are not serious people\u201d might be what Bob Iger and Josh Kushner are thinking about the Buss&hellip;\n","protected":false},"author":2,"featured_media":863210,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[434],"tags":[49,48,459,82],"class_list":["post-863209","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nba","tag-ca","tag-canada","tag-nba","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/863209","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=863209"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/863209\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/863210"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=863209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=863209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=863209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}