The Buss family have sold Majority ownership (48%) of the Lakers for $4.8 Billion, Franchise valued at $10 Billion. Family still owns 18% stake.

Rigby.

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I'm still waiting for one of these drunken rich Habibis to buy the Knicks for $12 billy
I don’t think Dolan would ever sell the status. He seems to me to be one of those owners where the power and control damn near matters as much as the money
 

BucciMane

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I'm still waiting for one of these drunken rich Habibis to buy the Knicks for $12 billy

saudi-prince_650x400_61428435321.jpg
 

ALonelyDad

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RIP to the Doc, he was a great man.

His kids aint it though, good riddance.
They didn’t have the same passion, I think Jeanie did for a while till she started becoming public enemy #1. She was less public in recent years. Still shoutout to the Buss family, they maintained one of the most successful franchises for its entire existence. It’s hard to do.
 

BucciMane

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Lakers with a regime that actually spends money :francis: rest of the L may be fukked

Where are people coming up with this assertion that the Lakers don't spend money? They're one of the highest spending teams in a league with a salary cap. This isn't the MLB where you can pay whatever you want and defer hundreds of millions of dollars. I understand the luxury tax and apron levels, but it's not like they are cheapskates.
 

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Does this mean Rob and Jeanie still have jobs?

I know Rob trading for Luka locked down his seat, but you never know with a new owner, he might want his own new faces running things from a management perspective.

Jeanie goes from boss to employee, sure she's 10 billion dollars richer but y'know how egos are especially after being in the top seat for soo long.
 

10bandz

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They didn’t have the same passion, I think Jeanie did for a while till she started becoming public enemy #1. She was less public in recent years. Still shoutout to the Buss family, they maintained one of the most successful franchises for its entire existence. It’s hard to do.

Yeah she had to have known her being a woman and LA socialite was protecting her for a full on media takedown

shyt, the league probably knew this months ago and gave us Luka so Walter could start off on the right foot. Paying 10B for 40 yr old Bron and his sidekick AD isn’t too enticing. Now we have a new star and new owner starting a new era at the same time.
 
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