BREAKING: Buss Family Selling Majority of Lakers

[Meticode]

The Buss family is entering an agreement to sell majority ownership of the Los Angeles Lakers to Mark Walter, the CEO and chairman of diversified holding company TWG Global, sources tell
@ShamsCharania

Jeanie Buss will continue to serve in her role as Governor after the sale.

Source: https://www.espn.com/nba/story/_/id/...er-sources-say

[Meticode]

The Buss family has been owner of the Lakers since 1979. 46 years...

[ImKobe]

Didn't expect that but it's probably a good thing for the Lakers as the new owners have more money to spend, not that Walter didn't already own 20% of the team prior to this, so nothing really changes in the short term.

[bison]

Sold for $10 billion. Damn.

[Meticode]

Sold for $10 billion. Damn.

[Chick Stern]

Sold for $10 billion. Damn.

Kelts sold for 6.
Largest team sale ever

also owns the Dodgers and Chelsea FC.

[Chick Stern]

lol, great minds…..

[Meticode]

lol, great minds…..

When I glanced at your post quick my first though was, "WTF I know I didn't double post?...wait...nevermind."

[highwhey]

so thats why luka was acquired, quick valuation pump before selling. nice move. wonder how the buss family will compensate adam silver and co.

[gengiskhan]

garbage franchise

want no part of it.

[Real Men Wear Green]

What's the price tag, 7 or 8 billion?

[Meticode]

What's the price tag, 7 or 8 billion?

Read the thread?

[Real Men Wear Green]

10 billion. Was the guess I thought but figured that was hyperbolic. A lot of teams are going to be sold worth this kind of money going around.

[Real Men Wear Green]

Read the thread?

Nope.

[Full Court]

I wonder if Mark Walter's gonna be interested in winning or in placating Lebron's ego.