Reply
  • Aug 17
    Β·
    2 replies
  • Aug 17
    Silas
    https://twitter.com/ShamsCharania/status/2089487417543725104

    "Jeanie Buss was the lone family member not in favor to sell as the five siblings voted 5-0 -- including two of the three trustees -- to sell the Buss stake, sources said. Jeanie Buss' attorney says tonight that she intends to battle the remainder of the family in order to keep their shares."

  • Childhood πŸ–€
    Aug 17
    Silas
    https://twitter.com/ShamsCharania/status/2089487417543725104

    lmaoooo shams doubled down

  • Childhood πŸ–€
    Aug 17

    i guess the confusion was that it was made to seem as if everybody was in agreeance ?

    even tho i didn't read it like that tbh it just said that the majority vote was made and it'd be pretty clear to read between the lines of who would be opposed to that

  • Aug 17
    Like a Camillimane

    what did he say

  • Hahahahaha I get Jeanie I really do. She may be a totally totally terrible person idk if she is or not. But I get her.

    That being said she needs to let go of it. Times are a changing and it’s best for the organization that the Busses are no longer involved

  • Childhood πŸ–€
    Aug 18
    Β·
    1 reply

    just remembered jeanie was backing spencer pratt

    kick rocks b**** πŸ˜ΉπŸ˜­πŸ’€βœŒπŸΎ

  • Aug 18
    Β·
    1 reply
    Childhood

    just remembered jeanie was backing spencer pratt

    kick rocks b**** πŸ˜ΉπŸ˜­πŸ’€βœŒπŸΎ

    Apparently Jeanie has a stronger legal ground on this issue because of a 2017 court order (when her brother attempted a coup) securing her position as controlling owner for life.

    This could be a long drawn out process in court if the siblings actually fight this but it looks like Jeanie would likely win it in court.

    And because she allegedly has that she will be Governor until 2030 in writing, Iger and Kusher have to honor it.

    So Jeanie is here to stay unless something crazy happens.

  • Childhood πŸ–€
    Aug 18
    Β·
    1 reply
    Silas

    Apparently Jeanie has a stronger legal ground on this issue because of a 2017 court order (when her brother attempted a coup) securing her position as controlling owner for life.

    This could be a long drawn out process in court if the siblings actually fight this but it looks like Jeanie would likely win it in court.

    And because she allegedly has that she will be Governor until 2030 in writing, Iger and Kusher have to honor it.

    So Jeanie is here to stay unless something crazy happens.

    Is there some sort of thing in writing that her and Walter’s agreement would transfer to over majority ownerships ?

    Even then, I never really viewed her role as such as some sort of major leadership position unless i’m mistaken.

    I always kind of viewed as a sort of figurehead status.

  • Aug 18
    Β·
    1 reply
    Childhood

    Is there some sort of thing in writing that her and Walter’s agreement would transfer to over majority ownerships ?

    Even then, I never really viewed her role as such as some sort of major leadership position unless i’m mistaken.

    I always kind of viewed as a sort of figurehead status.

    that's the thing: we don't how it's worded or if there's any confirmation that it's actually in writing.

    "a standard corporate contract does not automatically bind future, unrelated third-party buyers unless specific, highly rigid clauses were pre-baked into the corporate charter.

    Based on Iger saying if things change, they change makes it possible that he can get rid of her if he wanted but i think she did put it in writing.

    But yea after the Mark Walter sale she's more or less a figurehead now.

  • Childhood πŸ–€
    Aug 18
    Silas

    that's the thing: we don't how it's worded or if there's any confirmation that it's actually in writing.

    "a standard corporate contract does not automatically bind future, unrelated third-party buyers unless specific, highly rigid clauses were pre-baked into the corporate charter.

    Based on Iger saying if things change, they change makes it possible that he can get rid of her if he wanted but i think she did put it in writing.

    But yea after the Mark Walter sale she's more or less a figurehead now.

    think this breaks it down sorta well

  • Childhood πŸ–€
    Aug 18
  • Jeanie ass

  • Aug 18
    Β·
    1 reply
  • Silas
    https://twitter.com/ShamsCharania/status/2089806026187080014

    "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:

    The 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.

    Johnny, Jimmy, Janie, Joey and Jesse have made the decision to sell the family's remaining stake, and we remain united in that decision. We intend to move forward thoughtfully, respectfully and through the appropriate process.

    We have tremendous respect for Bob Iger and Josh Kushner and believe they understand what the Lakers represent to Los Angeles and our incredibly loyal fan base. We are confident they will honor everything this franchise stands for while building upon the foundation our father created."

  • Childhood πŸ–€
    Aug 18

    Jeannie gotta let it go man lol

  • Aug 18

    β€œJosh Kushner, to my understanding, was set up to be the controlling owner upon entrance of this, with Bob Iger handling a lot of the leadership and day-to-day operations at the ownership position.”

    -- Shams Charania during his appearance on The Pat McAfee Show

  • Aug 18
    Β·
    1 reply

    Everything the Lakers do always seems clumsy and inept

  • TDUB701

    Everything the Lakers do always seems clumsy and inept

    Rip Dr. Buss. We ain't even hear about them tunnels underneath the playing mansion but Dr. Buss knew

  • Aug 19


  • Aug 19

    Vando working on his corner 3s via IG

  • Aug 20

    the team is off to Slovenia for Luka's mini camp

  • Aug 20



  • No surprise it’s all the role player heavy teams without real number ones

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