Jeanie Buss Cited Financial Competition As Reason For Sale Of Lakers
Jeanie Buss told her siblings she felt compelled to sell the Los Angeles Lakers due to concerns about competing financially with billionaire-owned teams, according to people familiar with the discussions. Her brothers Jesse and Joey considered her reasoning fundamentally flawed. In meetings following Mark Walter's $10 billion offer in June, Jesse and Joey asked Jeanie why she felt the need to sell. The answers largely centered on money, sources said. Buss expressed uncertainty whether the fam...
