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Jeanie Buss Tries to Stop Sale of Lakers Family Stake

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Listen to the story

Jeanie Buss is the controlling owner of the Los Angeles Lakers. This is a famous basketball team in the United States.

News reports say Jeanie wants to stay as the main owner of the team. She is trying to stop her siblings from selling their family's last share of the Lakers.

The Buss family owns the Lakers. Some family members wanted to sell their remaining stake in the team. A stake is the part of a company that a person owns.

Reports say the family planned to sell this stake to two men. Their names are Bob Iger and Josh Kushner. Bob Iger used to lead the Disney company.

The Buss family made a public statement about the sale. A statement is when people share information with the public.

But soon after that, news came out that Jeanie Buss disagrees with the plan. She wants to keep control of the Lakers herself.

It is not clear yet what will happen next. People are watching to see if Jeanie can stop the sale.

Vocabulary5 words

controlling owner
the person who has the most power over a company or team
stake
the part of a company or team that a person owns
siblings
brothers and sisters
statement
words that people share to give information
reportedly
people say this, but it is not fully proven

Quiz

1. Who is trying to stop the sale of the Lakers stake?
2. What is a 'stake' in a company?
3. True or False: The Buss family planned to sell the stake to two men.

Fill-in-the-blank listening

Play the audio again and fill in the missing words as you listen.

Jeanie Buss is the _____ owner of the Los Angeles Lakers.

News reports say Jeanie wants to stay as the main owner of the _____.

She is trying to stop her _____ from selling their family's last share of the Lakers.

The Buss family owns the Lakers. Some family members wanted to sell their remaining _____ in the team.

Reports say the family planned to sell this stake to two _____.

Their names are Bob Iger and Josh _____.

Bob Iger used to lead the Disney _____.

The Buss family made a public _____ about the sale.

But soon after that, news came out that Jeanie Buss _____ with the plan.

She wants to keep _____ of the Lakers herself.

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