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Kuminga agrees with Minnesota; Buss asks court to freeze the family stake

A two-year Timberwolves deal ends a Lakers pursuit. In Los Angeles, Jeanie Buss files to block siblings from selling the trust’s remaining share.

Kuminga to Minnesota, not Los Angeles

Jonathan Kuminga agreed to a two-year, $12.4 million contract with the Minnesota Timberwolves, with a player option on year two, according to the Associated Press and ESPN’s Shams Charania. His agent is Aaron Turner.

The Lakers had been working a three-year sign-and-trade in the $12 million-plus per year range. Chicago and Portland also had interest.

Minnesota’s pitch: start next to LaMelo Ball, Anthony Edwards, Jaden McDaniels, and Rudy Gobert. The Timberwolves still need a roster move — likely waiving and stretching Josh Green — before Saturday.

Associated Press · CBS Sports

Jeanie Buss files to block a sibling sale of the trust stake

Jeanie Buss filed a 97-page petition in Los Angeles Superior Court, processed Wednesday, August 26, seeking to block five siblings from selling the family trust’s remaining roughly 17.8% stake in the Lakers. A hearing is set for November 5.

She says she was never told, never consulted, and never agreed. The petition asks the court to void the sale resolution, remove Janie and Joey as co-trustees, and hold others in contempt. The allegations are unadjudicated.

Reporting says the majority sale to Josh Kushner and Bob Iger is not expected to be derailed. An NBA governor must own at least 15% of the team.

The Athletic · Los Angeles Times

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