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Locked On Lakers - Daily Podcast On The Los Angeles Lakers

EMERGENCY POD: REPORT -- Buss Family to Sell Majority Stake In Lakers to Mark Walter for 10 Billion Dollars!

Locked On Lakers - Daily Podcast On The Los Angeles Lakers

Locked On Podcast Network

Los Angeles Basketball, Lakers Nba, Lakers Highlights, Lakers Podcast, La Lakers, Lakers, Podcast, Nba Podcast, Los Angeles, La Basketball, Sports Podcast, Lakers Today, La Nba, Lakers Basketball, Los Angeles Lakers Podcast, La Lakers Podcast, Daily Podcast, Nba, Lakers Game, Sports, Basketball, Basketball Podcast, Los Angeles Nba, Lakers News, Los Angeles Lakers

4.61.6K Ratings

🗓️ 18 June 2025

⏱️ 16 minutes

🧾️ Download transcript

Summary

Well, a quiet offseason isn't quiet anymore. Wednesday afternoon, ESPN's Shams Charania reported that the Buss family is selling most of its ownership stake to Dodgers owner Mark Walter at a price that values the franchise at about $10 billion. (The Athletic reports that number might rise to $12 billion.) It's a stunning development in some ways, somewhat foreseeable in others. And the end result—Walter takes ownership of the team—has been laid out for years, with him having right of first refusal should the family choose to sell. So over time, a ton of things will change. While the Lakers can't spend like the Dodgers (different sport, different CBA), those places where the team doesn't face a salary cap, it's reasonable to expect more dollars to flow. Coaching, scouting, front office personnel, medical staff, etc... this is all stuff where the Lakers can use unlimited cash to do what they want. And organizationally, it's reasonable to expect that (again, over time) the Lakers will start to look structurally and culturally more like the Dodgers. Which, again, is a good thing for fans. In the short term, things might look pretty similar. The family is keeping a 15% stake in the team. Jeanie Buss will remain governor. But make no mistake, this is a new era, and one that should benefit the Lakers in significant ways. HOSTS: Andy and Brian Kamenetzky Support Us By Supporting Our Sponsors! OLIPOPGet a free can of OLIPOP! Just buy any two cans in store and they’ll reimburse you for one. Head to drinkolipop.com/LOCKEDONNBA to claim your free can and find OLIPOP near you.  CarGurusBuy or sell your next car today with CarGurus at CarGurus.comto make sure your big deal is the best deal. WayFairGive your home the refresh it needs with Wayfair. Head to Wayfair.com right now. Wayfair. Every style. Every home. Monarch MoneyTake control of your finances with Monarch Money. Use code LOCKEDONNBA at monarchmoney.com/lockedonnba for 50% off your first year GametimeDownload the Gametime app, create an account, and use codeLOCKEDONNBAfor $20 off your first purchase. Terms apply. Download Gametime today. What time is it? Gametime. FanDuelRight now, new customers can get TWO HUNDRED DOLLARS in BONUS BETS when your first FIVE DOLLAR BET WINS! Download the app or head to FANDUEL.COM to get started. Bet with FanDuel—Official Partner of the NBA. FANDUEL DISCLAIMER: 21+ in select states. First online real money wager only. Bonus issued as nonwithdrawable free bets that expires in 14 days. Restrictions apply. See terms at sportsbook.fanduel.com. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, MD, MI, NJ, PA, IL, VA, WV), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 (WY, KS) or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), 1-877-8-HOPENY or text HOPENY (467369) (NY), TN REDLINE 1-800-889-9789 (TN)

Transcript

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0:00.0

Hey everyone, welcome to a special bonus episode of Locked on Lakers for a Wednesday.

0:07.3

Shocker across the NBA.

0:09.8

The bus family is selling their portion of the Lakers to Dodgers owner Mark Walter and the Guggenheim group for $10 billion.

0:22.2

So much to unpack. That's next.

0:29.9

You are Locked on Lakers.

0:32.3

Your daily Los Angeles Lakers podcast, part of the Locked-on Podcast Network, your team every day.

0:41.9

Thanks to everybody for making Locked-on Lakers, your first listen to every day, Monday through Friday, no matter how where you get your podcast.

0:47.1

This one's always free, never behind paywall.

0:49.0

Of course, Locked on Lakers on YouTube is where you can go hang out with over 35,000 subscribers, Andy, all of whom are wondering

0:55.8

if they could have scraped together enough cash to make a bid, had Mark Walter not had rights

1:01.0

of first refusal when it came time to buy the bus family's portion of the Lakers.

1:06.6

That happened, Andy, on Wednesday.

1:10.0

This is something that has been, I guess, discussed,

1:12.8

what the exit strategy for the bus family would be.

1:18.0

At some point, if nothing else,

1:19.8

if not this year, this month, this day,

1:24.4

the idea that at some point,

1:26.2

this is something we'll talk about in this show

1:27.7

and over the course of a full-length show coming up later,

1:31.7

just the idea that the bus family remaining

1:35.3

the principal owners of this team in 2025,

1:40.0

in the landscape of modern sports team ownership,

...

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