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Soon-Shiong Won’t Sell Lakers 4% Stake Amid Succession Fight

8/21/2026

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Story summary
  • Dr. Patrick Soon-Shiong says he will not sell his 4% Lakers stake.
  • The Buss family holds 17.8% of the Lakers.
  • Five Buss siblings plan to sell their shares, opposing Jeanie Buss.
  • NBA rules require a governor to own at least 15% of the franchise.
  • If the five siblings sell, Jeanie Buss would fall to about 3% and need 12% to stay governor.