BREAKING: Buss Family Selling Majority of Lakers

[Big_Dogg]

Total valuation wlould closer to 12B if they are required to keep 15% so Jeanie can stay on as the Guv

Not a bad return on investment though, from 68 mil overall purchase price to 10B for sale price and still keeping 15%

[Big_Dogg]

Total valuation wlould closer to 12B if they are required to keep 15% so Jeanie can stay on as the Guv

Not a bad return on investment though, from 68 mil overall purchase price to 10B for sale price and still keeping 15%

[Chick Stern]

Nope.

Almost double what was paid for the Kelts, and not even for the entire ownership.

[Lakers Legend#32]

No one is saying why Jeannie decided to sell now.

[guy]

Total valuation wlould closer to 12B if they are required to keep 15% so Jeanie can stay on as the Guv

Not a bad return on investment though, from 68 mil overall purchase price to 10B for sale price and still keeping 15%

The valuation is $10 billion. He’s not actually paying $10 billion. Let’s say he’s currently a 20% owner and buys out another 70% to become majority owner. He’s paying $7 billion, but that implies a valuation of $10 billion.

[Jasper]

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

(doesn't want to pass up black ***** fvckn her)

[Meticode]

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

(doesn't want to pass up black ***** fvckn her)

[Lakers Legend#32]

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

(doesn't want to pass up black ***** fvckn her)

And she will have as much clout as Mark Cuban has with the Mavericks now.

Remember Cuban said he had no idea Luka was gonna be traded.

[Lakers Legend#32]

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

(doesn't want to pass up black ***** fvckn her)

And she will have as much clout as Mark Cuban has with the Mavericks now.

Remember Cuban said he had no idea Luka was gonna be traded.

[coin24]

And she will have as much clout as Mark Cuban has with the Mavericks now.

Remember Cuban said he had no idea Luka was gonna be traded.

Cuban is a piece of shit known liar..

Jeanie should just sell the lot and move on

[ImKobe]

No one is saying why Jeannie decided to sell now.

Lakers franchise is the only thing the Buss family have really, and it's expensive to run that team. Jerry's kids are old and probably want to enjoy some of that wealth before their time's up. Celtics also just corrected the market with their sale so it was a good time to go for it.

This is great news for Laker fans as we finally have a majority owner that can afford to spend money on luxury tax etc. Lakers let Caruso go for nothing because they were cheap and had to choose between him or THT (they made the wrong choice of course because of LeGM as THT was under KLUTCH). The new 2nd apron rule makes it less of an advantage now but if the Lakers manage to put another championship team together they won't just tear it apart over luxury tax.