NBA1h ago
Lakers Ownership Shifts Again in Quick Deal
Three days of talks led to a new sale and fresh disputes among Buss family members.
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Rapid Negotiations Close Record Sale
A series of phone calls over 72 hours brought together three key figures to complete a $12.5 billion transaction for the Lakers. One participant was on a 213-foot yacht during a solar eclipse event when the final steps unfolded. The move followed a prior sale at a $10 billion valuation completed one year earlier.
Family Divisions Surface Once More
The process revived tensions among the six Buss siblings. Some felt left out of earlier discussions around a potential lower valuation. After the initial deal closed, three family members lost their roles with the team. Additional changes included higher costs for game tickets and hospitality access.
New Ownership Begins Review Process
The incoming group now holds full control after the latest agreement. This development arrives as the franchise adjusts its roster around its star player. Questions remain about future direction and how ongoing sibling disagreements may affect operations.
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