All articles tagged with #los angeles lakers
Shaquille O’Neal says he admires the Buss family’s decision to sell their Lakers shares to Bob Iger and Josh Kushner for $12.5 billion, calling it a monumental business move; Jeanie Buss may challenge the sale, potentially triggering a legal battle, while a path for her to stay governor could involve buying back a stake, and reporter Shams Charania stands by his coverage amid the dispute.
Mark Walter reportedly sought to exit the Lakers' local TV deal early by negotiating with Charter Communications for a lump-sum payout, a move tied to liquidity as he sells his majority Lakers stake to Bob Iger and Josh Kushner. The Raine Group has been involved with selling Spectrum SportsNet, and it’s unclear how Walter’s sale will affect those processes, with a Chelsea stake on the table and Buss family disputes not expected to derail the deal.
Jeanie Buss is seeking to halt the Buss family’s plan to sell the Lakers’ remaining stake to Bob Iger and Josh Kushner, arguing that a 2017 court order requires cotrustees to maintain at least 15% ownership so she can remain the controlling owner; the 17.8% sale announced by the family values the deal at $12.5 billion and would leave Iger and Kushner with about 83% of the team, but NBA approval is still pending for the sale.
Jeanie Buss is contesting her siblings’ vote to sell the Buss family’s remaining 17.8% stake in the Los Angeles Lakers to Josh Kushner and Bob Iger for $12.5 billion, arguing a 2017 court ruling requires co-trustee approval and that the deal could strip her of controlling ownership through 2030, potentially complicating the sale though Iger has indicated he would honor her controlling status if possible.
The Buss family is selling its remaining Lakers stake to Josh Kushner and Bob Iger as part of the ongoing deal with Mark Walter, with Kushner/Iger set to own roughly 83% of the franchise once closed and the sale valued at about $12.5 billion; Jeanie Buss would lose her governor role once the transaction is official.
Iger and Kushner agreed to buy the Los Angeles Lakers from Mark Walter for a record $12.5 billion, delivering Walter a $2.5 billion profit after just 14 months of ownership and pending NBA Board approval; the deal signals Iger’s long‑held aim to own top sports franchises and advances Thrive Eternal’s sports-investment ambitions, including a Las Vegas expansion bid.
The FBI seized Mark Walter’s phone and Guggenheim Investments president Dina DiLorenzo’s phone amid a probe into Walter-controlled entities, months before Walter agreed to sell the Los Angeles Lakers to Josh Kushner and Bob Iger for $12.5 billion. Authorities are scrutinizing Guggenheim’s private-investments accounting and related-party transactions, with no charges announced as of now.
Karlie Kloss and Willow Bay’s relationship sparked a friendship between Bob Iger and Josh Kushner that evolved into a Lakers ownership deal, with the pair acquiring the team from Mark Walter for $12.5 billion.
Vanessa Bryant posted a Disney-themed Instagram moment just before news that Bob Iger and Josh Kushner are taking majority control of the Los Angeles Lakers, fueling chatter about a Disney–Lakers connection given Iger’s former Disney CEO role and Kobe Bryant’s Lakers legacy.
The Los Angeles Lakers have been sold for a record $12.5 billion to Josh Kushner and Bob Iger, ending Mark Walter’s brief tenure as owner and awaiting NBA board approval. The deal preserves Jeanie Buss’s governance role for years to come. On the court, Luka Dončić is set to lead a retooled roster after LeBron James’s departure, with new signings intended to restore the franchise’s title contention.
Insurers controlled by Mark Walter are racing to divest or refinance billions of affiliated private-credit holdings amid a US probe into cross-portfolio links, with TWG Global restructuring to cut affiliate exposure and raising cash—including a Lakers stake sale—to support the unwind and potential credit-rating concerns.
Ben Simmons, 30, is attempting a comeback and has drawn interest from several teams including a potential Lakers training camp invite; however, his ball‑dominant, non‑shooting style and the Lakers’ tight cap situation and roster constraints make a realistic fit unlikely despite the low‑risk appeal of a buy‑low signing.
Donald Trump said LeBron James might be racist and declared Michael Jordan the greatest ever, a remark that follows James’s past criticisms of Trump and his backing of Kamala Harris in 2024. Jordan’s representatives denied claims he endorsed either candidate. The piece also recalls Trump’s past mockery of James and notes James is reportedly set to join the Philadelphia 76ers on a two-year deal, tying the political dust-up to ongoing NBA franchise moves.
Rumors say the Lakers are weighing a four‑team deal that would see Bronny James move to the Philadelphia 76ers while Los Angeles would receive Cameron Johnson from the Denver Nuggets. In the proposed frame, the Bucks would get Jarred Vanderbilt and Dalton Knecht, and the Nuggets would land Kevin Porter Jr. The trade is framed as a way to add a high‑level wing and clear a roster slot, with a potential father‑son reunion discussed but not guaranteed. Bronny remains under contract for next season.
Fox News reports that Rich Paul says LeBron James’ potential move to the 76ers wouldn’t automatically bring Bronny with him, and there are no plans for Bronny to join his father. The piece also suggests Bronny’s Lakers future remains intact as the team reshapes its roster, while LeBron pursues another NBA title in what he calls his last decision.