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Lakers Ownership Rift Between Jeanie Buss, Brothers Inches Toward Resolution

Lakers Ownership Rift Between Jeanie Buss, Brothers Inches Toward Resolution

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Jeanie Buss will remain the team's controlling owner until at least December
The struggle between Lakers President Jeanie Buss and her brothers Jim and Johnny, the former Exec VP/Basketball Operations and former Exec VP/Strategic Development, respectively, for control of the Lakers has "moved toward resolution," according to Nathan Fenno of the L.A. TIMES. The brothers signed a two-page consent agreement last week to "waive the team’s annual shareholders meeting and elect their sister and four others to the board of directors." This means Jeanie Buss will "remain the team’s controlling owner until at least the next shareholders meeting in December." Also selected as directors were NBA D-League L.A. D-Fenders President & CEO Joey Buss, Johnny Buss, AEG President & CEO Dan Beckerman and Lakers Exec VP Francis Mariani (L.A. TIMES, 3/18). In L.A., Altman & Medina noted Jeanie Buss appears to have "won the battle with two of her brothers to remain in control of the team -- at least for now." The action comes two weeks after Jeanie Buss "thwarted a coup attempt by Jim and Johnny Buss to oust her from her job as the team’s governor" (L.A. DAILY NEWS, 3/18).

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