Buss Brothers Buy Padres Stake as Lakers Sale Unfolds
TL;DR Summary
Longtime Lakers executives Joey and Jesse Buss are purchasing a stake in the San Diego Padres through Buss Sports Capital, joining an ownership group led by Kwanza Jones and José E. Feliciano; MLB approved the Padres’ sale at a record $3.9 billion. The move comes as the Buss family pursues the sale of their Lakers minority stake amid an NBA deal led by Josh Kushner and Bob Iger, valued at about $12.5 billion and awaiting league approval, with Jeanie Buss reportedly opposing the sale and the family having previously sold the majority stake to Mark Walter while retaining a 17.8% share.
- Joey, Jesse Buss Join New Padres Ownership Group Amid Attempted Sale of Lakers Stake Bleacher Report
- Buss brothers joining new Padres ownership group ESPN
- Joey and Jesse Buss make post-Lakers move with Padres investment: Sources - The Athletic The New York Times
- New Padres owner Kwanza Jones puts on a performance for the ages at introductory presser Fox News
- “Oh Man, the Betrayal Is Palpable”: Buss Brothers Turn on Jeanie Buss and LA by Joining Rival Padres’ Ownership Yahoo Sports
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