Staggering amount Jeanie Buss and each of her siblings got from Lakers' $10bn sale

After selling off their family's biggest asset, the Buss children all received a massive payday.

Following decades of owning the Los Angeles Lakers - which began with a purchase by their father, Dr. Jerry Buss - the family agreed to sell a majority stake in the team to LA sports owner Mark Walter for $10billion.

Naturally, selling one of the most valuable franchises in North American sports led to sizeable payouts for children Jeanie, Johnny, Jim, Janie, Jesse, and Joey.

According to Sports Business Journal, each of the children is walking away with nearly one billion dollars thanks to the sale.

The family is still keeping a 15 percent minority stake in the team while Jeanie - who had served as the team's principal owner for years - will remain as the Lakers' governor for five more years.

The NBA put its stamp of approval on the sale in October - ending 46 years of majority ownership by the family.

Following Jerry Buss' death in 2013, his children took over his ownership - with Jeanie atop the business. But while she will remain in a major team role, the same can't be said for her other siblings.

Last Thursday, Joey and Jesse were fired from their scouting roles. In an interview with The Athletic later that day, Jesse slammed his sister - revealing that he hadn't spoken to her or Lakers general manager Rob Pelinka in 'five months'.

'Oftentimes within the organization, it kind of felt like I was being treated like I was working against them,' Jesse said. 

'And, I guess you could say, like an enemy. But the only thing I ever wanted was the most success for this team.'

Two months ago, the brothers launched their own investment firm, Sports Capital Group. Jesse maintained the venture 'was meant, in no shape or form, to be a threat to her or any of my siblings' and was only 'something that Joey and I wanted to partner on.'

Asked if beginning the company 'furthered any rifts' with his sister, Jesse told the outlet, 'I couldn't answer that question. I think that's something you'd have to ask Jeanie.' 

While it's common for a new ownership group to re-structure any company they purchase, Jesse said he felt 'siloed quite a bit, dating back to before, I guess, the 2023 draft.' 

He also told the outlet he's been 'dealing with quite a bit of health issues' in that time: 'I kind of noticed around the same time that things were different within our organization, within the front office and just the basketball operations department.'

As things progressed, Jesse felt 'there was a lack of communication between not only my sister and I, but the organization as a whole while I was combating various health issues.'

'I kind of felt like the writing was on the wall. The sale of the team happening kind of more or less just solidified it in my mind,' he said.

Jesse said that his late father's wishes were to have his sons 'run the basketball operations department'. However, he ultimately wants 'what's best for the Lakers'.

This year, the Lakers seem to be in a good spot amongst the NBA standings. Los Angeles is currently fourth - just three-and-a-half games back on the lead in the Western Conference.