Page 1 of 15

BREAKING: Shams: The Buss Family Has Agreed to Sell Majority Ownership of the Los Angeles Lakers for $10 Billion

Posted: Wed Jun 18, 2025 8:51 pm
by Castle Black
Wow :o. Didn't see this coming. With a $10 BILLION valuation… Largest sale of a pro sports franchise in history. Insane.

Mark Walter, who also owns the Dodgers, is a very competent and aggressive owner with deep pockets. Despite the NBA having a Salary Cap, this is still great news if you're a Lakers fan tbh.

Read on Twitter


Image

Re: Shams: Buss Family Are Selling Majority Stake in in the Lakers

Posted: Wed Jun 18, 2025 8:51 pm
by Effigy
"Jeanie Buss will continue to serve in her role as Governor after the sale."

Sure she will. Ask Mark Cuban how that goes.

Re: Shams: The Buss Family Has Agreed to Sell Majority Stake in in the Los Angeles Lakers

Posted: Wed Jun 18, 2025 8:52 pm
by PlatinumState
Thats brazy

Re: Shams: The Buss Family Has Agreed to Sell Majority Stake in in the Los Angeles Lakers

Posted: Wed Jun 18, 2025 8:53 pm
by Bulliever2020
Jerry rolling over in his grave

Re: Shams: The Buss Family Has Agreed to Sell Majority Stake in the Los Angeles Lakers

Posted: Wed Jun 18, 2025 8:53 pm
by Castle Black
End of an era.

Read on Twitter

Re: BREAKING: Shams: The Buss Family Has Agreed to Sell Majority Stake in the Los Angeles Lakers

Posted: Wed Jun 18, 2025 8:54 pm
by Lacanm1
Lakers are getting competent ownership, not good for the other 29 franchises

Re: BREAKING: Shams: The Buss Family Has Agreed to Sell Majority Ownership of the Los Angeles Lakers

Posted: Wed Jun 18, 2025 8:55 pm
by Effigy
I honestly have no idea why they'd ever sell. Did the brothers force the sale? Maybe they wanted to liquidate.

Re: BREAKING: Shams: The Buss Family Has Agreed to Sell Majority Ownership of the Los Angeles Lakers

Posted: Wed Jun 18, 2025 8:55 pm
by levon
Effigy wrote:I honestly have no idea why they'd ever sell. Did the brothers force the sale? Maybe they wanted to liquidate.

Can't compete with other owners, not enough cash.

Re: BREAKING: Shams: The Buss Family Has Agreed to Sell Majority Ownership of the Los Angeles Lakers

Posted: Wed Jun 18, 2025 8:56 pm
by Kent
A new era, for sure.

Re: BREAKING: Shams: The Buss Family Has Agreed to Sell Majority Stake in the Los Angeles Lakers

Posted: Wed Jun 18, 2025 8:57 pm
by Effigy
Lacanm1 wrote:Lakers are getting competent ownership, not good for the other 29 franchises


Jeanie does have a title as the owner though. So I wouldn't say she hasn't been competent. Always a chance the next owner screws it up. But the Lakers are much harder to screw up since the NBA cheats for them.

Re: BREAKING: Shams: The Buss Family Has Agreed to Sell Majority Ownership of the Los Angeles Lakers

Posted: Wed Jun 18, 2025 8:57 pm
by Saints14
I wonder how much having Luka on your team increases team value by?

Re: BREAKING: Shams: The Buss Family Has Agreed to Sell Majority Ownership of the Los Angeles Lakers

Posted: Wed Jun 18, 2025 8:58 pm
by M2J
Jerry trying to climb out of his grave.

Re: BREAKING: Shams: The Buss Family Has Agreed to Sell Majority Ownership of the Los Angeles Lakers

Posted: Wed Jun 18, 2025 8:58 pm
by Raps in 4
Luka's poor work ethic forced them to sell the team.

Re: BREAKING: Shams: The Buss Family Has Agreed to Sell Majority Ownership of the Los Angeles Lakers

Posted: Wed Jun 18, 2025 8:59 pm
by Castle Black
Mark Walter is going to try to make an immediate splash imo. I'm sure he's going to target Giannis, but LA doesn't have the assets to trade for him unfortunately.

Re: BREAKING: Shams: The Buss Family Has Agreed to Sell Majority Ownership of the Los Angeles Lakers

Posted: Wed Jun 18, 2025 8:59 pm
by 1993Playoffs
Wow , is this big news? lol.

Re: BREAKING: Shams: The Buss Family Has Agreed to Sell Majority Ownership of the Los Angeles Lakers

Posted: Wed Jun 18, 2025 8:59 pm
by levon
Guggenheim: I want to buy the Lakers but they have no superstars or assets
Silver: Luka?
Adelsons: Now wait a gosh darn second (probably)
Silver: Flagg?

Re: BREAKING: Shams: The Buss Family Has Agreed to Sell Majority Ownership of the Los Angeles Lakers

Posted: Wed Jun 18, 2025 9:00 pm
by ImmortalD24
Lakers with rich owner is a bit OP

Re: BREAKING: Shams: The Buss Family Has Agreed to Sell Majority Ownership of the Los Angeles Lakers

Posted: Wed Jun 18, 2025 9:01 pm
by jkvonny
Ya....ok.....

Lol

Rich owner with old team and not much assets.

Re: BREAKING: Shams: The Buss Family Has Agreed to Sell Majority Ownership of the Los Angeles Lakers

Posted: Wed Jun 18, 2025 9:01 pm
by Dominator83
Where's the number?

Over/under $10 billion ?

Re: BREAKING: Shams: The Buss Family Has Agreed to Sell Majority Ownership of the Los Angeles Lakers

Posted: Wed Jun 18, 2025 9:01 pm
by thebigbird
Prayed for times like this. Bussdown was a horrible, cheap owner. Fire Pelinka and then now we’re cooking.