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

[Lalouie]

hoop collective has a nice and thorough rundown of the machinations of the sale

[xb3at band1tx]

Again Lakers Fanbase is dumber than a sack of rocks, no Loyalty no Attachment , Bandwagon’s franchise

Learn 6 Languages, then come back and talk to me in your SIXTH language and I’ll check your grammar , good luck or maybe just learn 2 for starters , Let’s check if your second can reach Elementary school level

What are you even talking about? There’s no reason to be “loyal” to the incompetent nepo baby who was entirely over her head when it came to running the Lakers.

Jeanie whilst not perfect brought you guys a chip and did a better job than her brothers.

She deserves quite a bit more respect and acknowledgement for her role, especially being a female owner in a cut throat industry dominated by Men.

It's never been harder to win/contend for a chip in today's NBA and era of Parity.

The Lakeshow glory decades of dominance is over, Shaq is not walking through that door again

I didn't mind Jeanie but the expectation now is the Lakers should be way smarter than they were during her reign.

She literally had Rambis and Co. attached after years of borderline malpractice around the league and a lot of her hires were basically close friends. I mean they were without a major analytics department for years. Now they have the guggenheim group backing them.

[Lalouie]

What are you even talking about? There’s no reason to be “loyal” to the incompetent nepo baby who was entirely over her head when it came to running the Lakers.

Jeanie whilst not perfect brought you guys a chip and did a better job than her brothers.

She deserves quite a bit more respect and acknowledgement for her role, especially being a female owner in a cut throat industry dominated by Men.

It's never been harder to win/contend for a chip in today's NBA and era of Parity.

The Lakeshow glory decades of dominance is over, Shaq is not walking through that door again

I didn't mind Jeanie but the expectation now is the Lakers should be way smarter than they were during her reign.

She literally had Rambis and Co. attached after years of borderline malpractice around the league and a lot of her hires were basically close friends. I mean they were without a major analytics department for years. Now they have the guggenheim group backing them.

hoop collective addresses this, and no i'm not a windhorst shill

but they talk about the new majority owners and how THEY have gone about turning the dodgers around and to expect similar of the lakers. not the rambis part but the new environment lal will be in

[doogie_hauser]

What are you even talking about? There’s no reason to be “loyal” to the incompetent nepo baby who was entirely over her head when it came to running the Lakers.

Jeanie whilst not perfect brought you guys a chip and did a better job than her brothers.

She deserves quite a bit more respect and acknowledgement for her role, especially being a female owner in a cut throat industry dominated by Men.

It's never been harder to win/contend for a chip in today's NBA and era of Parity.

The Lakeshow glory decades of dominance is over, Shaq is not walking through that door again

I didn't mind Jeanie but the expectation now is the Lakers should be way smarter than they were during her reign.

She literally had Rambis and Co. attached after years of borderline malpractice around the league and a lot of her hires were basically close friends. I mean they were without a major analytics department for years. Now they have the guggenheim group backing them.

I honestly reckon her gender played a part in the Jeanie criticism from Lakers fans, even though she was the only off-spring of Dr Buss that any true idea of how to run a basketball team.

Anyhow I hope most Lakers fans aren't naive or gullible enough to assume the Show time days and decades of dominance are back because they have no ideas.

Adam Silver and the current and future CBA will ensure no team in the NBA can 'buy their way' to a ring and Dynasty like the Lakers did since the 1980s.

Unfortunately it seems many of the Lakers fans posting in this thread have not gotten that memo.

I wonder who they will blame next year when they crash out in the first round of the play-offs again ??

[doogie_hauser]

Jeanie whilst not perfect brought you guys a chip and did a better job than her brothers.

She deserves quite a bit more respect and acknowledgement for her role, especially being a female owner in a cut throat industry dominated by Men.

It's never been harder to win/contend for a chip in today's NBA and era of Parity.

The Lakeshow glory decades of dominance is over, Shaq is not walking through that door again

I didn't mind Jeanie but the expectation now is the Lakers should be way smarter than they were during her reign.

She literally had Rambis and Co. attached after years of borderline malpractice around the league and a lot of her hires were basically close friends. I mean they were without a major analytics department for years. Now they have the guggenheim group backing them.

hoop collective addresses this, and no i'm not a windhorst shill

but they talk about the new majority owners and how THEY have gone about turning the dodgers around and to expect similar of the lakers. not the rambis part but the new environment lal will be in

MLB doesn't have the stringent luxury tax and apron strings that the NBA does though

Lack of draft pick capital and young player assets is going to be harder for the Lakers to build a contender around Luka for a couple of years.

You rarely see a Superstar like Prime Shaq join another team as a Free Agent any more. Also the Thunder and Spurs will be dominating the West for the next decade plus. Lakers fans will be waiting a long while before they are back playing finals

[Lalouie]

I didn't mind Jeanie but the expectation now is the Lakers should be way smarter than they were during her reign.

She literally had Rambis and Co. attached after years of borderline malpractice around the league and a lot of her hires were basically close friends. I mean they were without a major analytics department for years. Now they have the guggenheim group backing them.

hoop collective addresses this, and no i'm not a windhorst shill

but they talk about the new majority owners and how THEY have gone about turning the dodgers around and to expect similar of the lakers. not the rambis part but the new environment lal will be in

MLB doesn't have the stringent luxury tax and apron strings that the NBA does though

Lack of draft pick capital and young player assets is going to be harder for the Lakers to build a contender around Luka for a couple of years.

You rarely see a Superstar like Prime Shaq join another team as a Free Agent any more. Also the Thunder and Spurs will be dominating the West for the next decade plus. Lakers fans will be waiting a long while before they are back playing finals

true, so there's no immediate results

but guggenheim group is aggressive. that's the aura to be expected. the podcast does a good job of amplifying the collateral results

[Mavrelous]

The sad reality is that someone like Dr Buss, a very daring and adveturous mind who helped make the NBA the popular product it is now, can't buy the Pelicans or the Hornets im todays valuations and FCF requirements to be able to operate a franchise.

[SportsGuru08]

Does this confirm that Giannis is going to be a Laker now?

Lakers have no assets.

[xb3at band1tx]

I didn't mind Jeanie but the expectation now is the Lakers should be way smarter than they were during her reign.

She literally had Rambis and Co. attached after years of borderline malpractice around the league and a lot of her hires were basically close friends. I mean they were without a major analytics department for years. Now they have the guggenheim group backing them.

hoop collective addresses this, and no i'm not a windhorst shill

but they talk about the new majority owners and how THEY have gone about turning the dodgers around and to expect similar of the lakers. not the rambis part but the new environment lal will be in

MLB doesn't have the stringent luxury tax and apron strings that the NBA does though

Lack of draft pick capital and young player assets is going to be harder for the Lakers to build a contender around Luka for a couple of years.

You rarely see a Superstar like Prime Shaq join another team as a Free Agent any more. Also the Thunder and Spurs will be dominating the West for the next decade plus. Lakers fans will be waiting a long while before they are back playing finals

Jeanie whilst not perfect brought you guys a chip and did a better job than her brothers.

She deserves quite a bit more respect and acknowledgement for her role, especially being a female owner in a cut throat industry dominated by Men.

It's never been harder to win/contend for a chip in today's NBA and era of Parity.

The Lakeshow glory decades of dominance is over, Shaq is not walking through that door again

I didn't mind Jeanie but the expectation now is the Lakers should be way smarter than they were during her reign.

She literally had Rambis and Co. attached after years of borderline malpractice around the league and a lot of her hires were basically close friends. I mean they were without a major analytics department for years. Now they have the guggenheim group backing them.

I honestly reckon her gender played a part in the Jeanie criticism from Lakers fans, even though she was the only off-spring of Dr Buss that any true idea of how to run a basketball team.

Anyhow I hope most Lakers fans aren't naive or gullible enough to assume the Show time days and decades of dominance are back because they have no ideas.

Adam Silver and the current and future CBA will ensure no team in the NBA can 'buy their way' to a ring and Dynasty like the Lakers did since the 1980s.

Unfortunately it seems many of the Lakers fans posting in this thread have not gotten that memo.

I wonder who they will blame next year when they crash out in the first round of the play-offs again ??

This feels like cope that the Lakers don't have a mid-awful ownership anymore IMO the whole plus to me is that this ownership knows how to create infrastructure.

Of course the results won't be instantaneous, but guggenheim have shown to make the right move and hire the right people every time. A big thing for me is knowing they will invest in the right things without sacrificing any of the margins like analytics, supporting scouting, etc... something the buss family has unfortunately penny pinched for years.

Let's see how it plays out.

[doogie_hauser]

Bill Simmons reckons both expansion teams (Seattle and Probably Vegas) will be purchased at 6 Billion Dollars each.

For all the gnawing and complaining about falling TV ratings etc NBA Franchises have never been more valuable than what they are right now

One could only hope Jerry Reinsdorf can see the light and sell the Bulls, that franchise and their fans deserve a long overdue fresh start.

[floppymoose]

I'm open to sound fiscal arguments as to how the Lakers are worth this much, but I suspect I won't see them in the data.

The biggest argument for them being worth this much is that someone just paid it.

I get that, but people overpay for assets all the time.

The list of owners who put more money into a team then they got when they sold us very very short. There is not a history of people overpaying for an nba team.

Having said that, maybe this will be one if those rare times?

[Handlez]

Why not keep it in the family forever?

[levon]

This is crazy

[ImmortalD24]

This is crazy

Lakers also had most All-NBA selections in that time period as well. (64)

[ClubLakers KB8]

It's giving "uh oh.. Happy learned to putt" vibes

This.

[lakerz12]

The sad reality is that someone like Dr Buss, a very daring and adveturous mind who helped make the NBA the popular product it is now, can't buy the Pelicans or the Hornets im todays valuations and FCF requirements to be able to operate a franchise.

lol the NBA has grown from $35 million per year in revenue in the 1970s to now over $10 BILLION per year.

Of course buying a team is now a completely different animal.

The league is hundreds of times larger/more valuable.

[Mavrelous]

The sad reality is that someone like Dr Buss, a very daring and adveturous mind who helped make the NBA the popular product it is now, can't buy the Pelicans or the Hornets im todays valuations and FCF requirements to be able to operate a franchise.

lol the NBA has grown from $35 million per year in revenue in the 1970s to now over $10 BILLION per year.

Of course buying a team is now a completely different animal.

The league is hundreds of times larger/more valuable.

Not sure what's funny exactly, but OK...

[FeatheryTouch]

The Lakers are an iconic brand but $10 billion is bonkers, more than any NFL, MLB, or Premier League team has ever sold(by a lot) for and it doesn't even include the arena.

New owner has deeper pockets than Buss and has done a good job operating the Dodgers, Lakers fans should be happy.

[Johnny Bball]

Why not keep it in the family forever?

To escape the jail that is fame?

Its far better to be incredibly wealthy and anonymous.

[druggas]

The rest of the league just went, "Uh oh".