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Nba Ownership

All articles tagged with #nba ownership

Lakers Dynasty, Family Feud: The Buss Ownership Battle Heats Up
business2 hours ago

Lakers Dynasty, Family Feud: The Buss Ownership Battle Heats Up

Jerry Buss bought the Lakers in 1979 and turned them into a Showtime dynasty, but his 2013 death unleashed a long-running family power struggle among his six children. Jeanie Buss emerged as the successor and governor, while siblings clashed, fired executives and pursued control through courts and trusts. The saga intensified as the family moved from internal battles to a broader sale: the majority stake was sold to Mark Walter in 2025, and in 2026 the remaining Buss Family Trust minority stake was set to be sold to Bob Iger and Joshua Kushner, a move that would remove Jeanie from the governor role and likely spur new lawsuits to resolve ownership and governance.

Dundon’s Frugal Playbook Signals a New NBA Ownership Era
business4 months ago

Dundon’s Frugal Playbook Signals a New NBA Ownership Era

Portland’s new owner Tom Dundon is aggressively cutting costs—whether by skipping playoff T-shirts, not bringing Two-Way Contract players to postseason games, or reportedly lowballing a head coach’s salary—patterns that the piece argues could foreshadow a broader, profit-focused shift in NBA ownership as franchise values rise and owners seek faster returns. This creates tension around player development, coaching credibility, and the sustainability of a competitive team culture.

Michael Bloomberg Joins A-Rod and Lore in Timberwolves Ownership Bid
sports-business2 years ago

Michael Bloomberg Joins A-Rod and Lore in Timberwolves Ownership Bid

Michael Bloomberg has agreed to join Marc Lore and Alex Rodriguez's ownership group for the Minnesota Timberwolves, bringing significant financial backing to their bid for majority control. The group, which currently owns nearly 40% of the Timberwolves and WNBA's Lynx, is in arbitration with current owner Glen Taylor over a disputed $600 million transaction. Bloomberg's involvement could expedite their acquisition process, pending NBA approval.