00:00So now former Lakers president, Jeannie Buss's five siblings, Jim, Johnny, Janie, Joey, and Jesse,
00:07reportedly voted 5-0 to sell the family's remaining 17-8% stake in the Lakers to Bob Iger and
00:14Josh
00:15Kushner at that same $12.5 billion number Walters is selling it at. But here's the thing, Jeannie
00:22didn't take part in that vote, and now her lawyer is saying the whole thing is void. Now her claim
00:28is at a 2017 court order that says no sale of that stake can happen without approval from three
00:35specific co-trustees, Jeannie, Janie, and Joey. And here's the real stakes for Jeannie personally.
00:42NBA rules require a governor to hold at least 15% ownership. So if this sale goes through the way
00:49her siblings want it to, she could lose the ownership percentage that keeps her as the Lakers governing
00:56altogether. Now this is still a developing legal dispute with competing claims on both sides.
01:02Jeannie's team is pointing to the 2017 trust order, whereas the siblings are pointing to a tag-along
01:10provision from the Walters sale. So brace yourselves, Lakers fans, this is headed for a legal fight,
01:16and we'll know more as the paperwork gets filed. But with news like this, losing LeBron James is the
01:23least of the Lakers' problems.
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