Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

MYSTERIOUS: Jerry buss - You Need To See This

Legal wrangling over $12.5B Lakers sale shows how family trusts don’t guarantee a business stays in the family

The Buss family’s 47-year ownership of the Los Angeles Lakers, 17-time NBA champions, could soon come to an end despite their patriarch’s clear wishes before he died. A group of investors that includes former Disney CEO Bob Iger and Joshua Kushner – the brother of Jared Kushner, President Donald Trump’s…

The Conversation

From Showtime to Insurance Time: how the LA Lakers became a $12.5bn hedge fund play

From Showtime to a $12.5bn flip: the LA Lakers’ latest sale proves private equity investors are treating NBA franchises like cheap real estate

The Guardian - US

Jeanie Buss vs. Her Own Family: Inside the Fight Over the Lakers' Last 17.8%

Bob Iger and Josh Kushner want the Buss family's final Lakers shares. Jeanie Buss calls her siblings' sale vote void and threatens to sue.

Latin Times

From analysis to the latest developments in health,
read the most diverse news in one place.

Is the Jeanie Buss-Lakers Sale Saga the Real-Life NBA ‘Succession’?

“You are not serious people” might be what Bob Iger and Josh Kushner are thinking about the Buss family right about now.

Sports Illustrated

Three Big Questions Circling the Lakers Amid Potential Sale of Buss Family’s Remaining Stake

What the potential sale of the Buss family’s remaining shares in the Los Angeles Lakers could mean for the rest of the franchise.

Sports Illustrated

Source: Why Jeanie Buss Says Siblings Can’t Sell Family’s Stake in Lakers

In a letter obtained by Sports Illustrated, Jeanie Buss is contesting an attempt by her five siblings to sell the family’s 17.8% stake of the Lakers.

Sports Illustrated

The Lakers have become a poker chip for some of the most powerful men in America

One of the most famous teams in the world is about to change hands for the second time in less than a year for more than $12bn. Will anyone push back?

The Guardian - US

Read news from The Economist, FT, and more,
with one subscription

Bob Iger and Josh Kushner buy the LA Lakers for a record-breaking $12.5 billion, up 25% in just the 14 months since Mark Walter bought them

The pair are buying the team from Mark Walter, who paid $10 billion for it just over a year ago, and someone who Magic Johnson once said would own the team for decades.

Fortune

Lakers Sold for Record £9.3B as Billionaire Owner Mark Walter Faces Deepening US Federal Probe

The Los Angeles Lakers have been sold to Josh Kushner and Bob Iger for a record £9.3 billion, as former owner Mark Walter faces a federal probe into his financial dealings.

International Business Times UK

Lakers are being sold to ex-Disney chief and brother of Trump ally for $12.5 billion

IN FULL

The Independent UK

Lakers Layoffs: How Many Staff Were Fired and Other Details About Mark Walter's Massive Overhaul

The Los Angeles Lakers have laid off at least 15 employees as new owner Mark Walter restructures the team, shifting from a family-run model to a corporate, data-driven approach.

International Business Times UK

Lakers Significantly Hiking Season Ticket Prices for 2026–27 After Franchise’s Sale Last Summer

One season ticket holder told ESPN that his tickets are increasing over 45% in price for next year.

Sports Illustrated

A Hollywood ending? Inside the final days of LeBron James in Los Angeles

A new book explores how an all-time great and a world famous franchise handle the waning of a monumental career

The Guardian - US

Who Is Mark Walter? Meet the LA Lakers New Owner Whose Net Worth Rivals the NBA's Biggest Legends

Billionaire Mark Walter has bought the Los Angeles Lakers for $10 billion, ending nearly 50 years of Buss family control and setting a new US sports record.

International Business Times UK

Get all your
news in one place.

100's of premium titles.
One news app.

The Independent UK

Mark Walter finalizes his purchase of a majority stake in the Los Angeles Lakers

Mark Walter is the majority owner of the Los Angeles Lakers after the NBA Board of Governors approved his purchase of a controlling stake from the Buss family

Sports Illustrated

Lakers Owners Release Official Statement on Selling Team to Mark Walter

An official statement from the Buss family before they sell the Lakers at a $10 billion valuation.

The Guardian - US

The $10bn LA Lakers sale proves sports have outgrown even most billionaires

The Lakers’ record sale underscores how owning elite sports franchises is increasingly beyond even the wealthiest individuals, shifting power toward corporate consortiums

Evening Standard

How Buss family transformed LA Lakers into ultimate $10billion sporting show

Jerry Buss bought the team for $67.5 million in 1979 and made huge changes on and off the court

Get all your
news in one place.

100's of premium titles.
One news app.

International Business Times UK

Quick Facts About Jerry, Jeanie Buss: Net Worth, LA Lakers Acquisition Timeline, How Much They Paid

At the time of his death in 2013, Jerry Buss was worth about $700 million (£521.08 million), thanks to his real estate empire and the Lakers.

The Independent UK

Chelsea co-owner set to buy LA Lakers in historic $10bn takeover

Mark Walter is set to take majority ownership of the Lakers

International Business Times UK

Who Is Mark Walter? Net Worth, Age, Companies & His Stake on New Lakers

Mark Walter's acquisition of the Los Angeles Lakers for £7.87 billion marks the most expensive sale in US sports history. Discover what this means for the Lakers, the Buss family, and the future of the NBA's most legendary team.

International Business Times

Lakers To Be Sold In Record-breaking $10 Billion Deal: ESPN

The Los Angeles Lakers are being sold in a record-breaking $10 billion deal that makes the iconic franchise the highest-valued sports team in US history, ESPN reported Wednesday.

The Guardian - US

Lakers to be sold to Dodgers owner at $10bn valuation, per reports

The Buss family will sell the iconic franchise to Mark Walter, who owns several sports teams including the WNBA’s Sparks

Sports Illustrated

Lakers Sale Price Breaks Record for Sports Franchise

The Lakers are being sold at a valuation of $10 billion.

Sports Illustrated

Buss Family Agrees to Sell Majority Stake in Los Angeles Lakers

Jeanie Buss will continue to serve in her role as the franchise's governor after the sale.

1 2 3

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

the Los Angeles Lakers

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.