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.

[Cladyclad]

Damn

 

[BucciMane]

The Buss family doesn’t have a lot of assets outside of the Lakers.

It's pretty much like the Rooney family in the NFL. Yeah, they are rich, but by NFL owner standards, they are on the lower end and most of their wealth is tied to the team. If they were to ever sell, that would quickly change.

 

[Regular_P]

FINALLY!

 

[Optimus Prime]

He could've maybe put a group together though you know how Magic gets down

Well that would have probably involved this guy who brought him into the Dodgers. Not too many of these types around to go ask for $5 10 Billion dollars.

 

[Big Boss]

So this means the Lakers can finally spend money???

Unlike under Jeanie Buss

 

[tremonthustler1]

Dodgers are the best run organisation in all of baseball, argubably across all American sports. Mark da gawd gonna save us hallelujah

Mark gonna buy a first and try to draft Hansen Yang

Rui getting the supermax


most importantly, the return of the illest name in the game

Sun Yue

 

[BucciMane]

Jeanie ran the team into the ground so much and then sold it.
Her brother wouldn't have sold it.

He left that team to his kids and it didn't even last through ownership of his slut daughter. SMH

Bushed within minutes of this..

 

[Regular_P]

Magic will probably buy a piece of the team from Walter after the transaction

Walter and Magic are friends

Pelinka you better pack yo bags

I was gonna say Magic played the long game on Pelinka.

He better not fire him though. Magic was godawful when he was running things; Pelinka's been good.

 

[Raquinotj]

$10 Billion

 

[Rakim Allah]

, friends

 

[10bandz]

So this means the Lakers can finally spend money???

Unlike under Jeanie Buss

I dont even know what this means. Walter buying us gets rid of the salary cap?


Y'all swear we had bottom tier payrolls all these years or something.

If anything this change means we'll get more efficient and better decision making. It doesn't mean the payroll is gonna double.

 

[TheNig]

doesn't mean shyt if that botox filled whore is still running things

Ay cuh... I love that old botox filled whore.

 

[Joe Sixpack]

I was gonna say Magic played the long game on Pelinka.

He better not fire him though. Magic was godawful when he was running things; Pelinka's been good.

Magic wasnt terrible that the bad move he made was trading Zubac but then that he was aight

 

[Jplaya2023]

Dr buss rolling over... Unless they selling it to a group led by Magic, this has 2 be the biggest nepotism fumble ever

Jerry Jones prob like he aint never gonna let his kids fukk up dallaa.

 

[chargers31]

dodger owner took the ohtani stimulus and bought the lakers