American sports executive and Lakers governor
LeBron James has announced he will leave the Los Angeles Lakers, ending an eight-year stint that delivered a 2020 title. The 41-year-old will play his 24th NBA season elsewhere, with teams including the Warriors and Cavaliers cited as potential destinations. Free agency opens with mounting speculation about the next chapter in one of basketball’s greatest careers.
Bob Iger and Josh Kushner have agreed to buy the Los Angeles Lakers from Mark Walter in a transaction valuing the franchise at about $12.5 billion. The sale has been announced this week, requires approval from the NBA Board of Governors and is subject to due diligence and Kushners divestment of a Miami Heat stake.
The Buss siblings are contesting the sale of the Lakers while Joey and Jesse Buss have secured a minority stake in the San Diego Padres. Jeanie Buss argues the sale is void, citing fiduciary concerns. The ownership shift unfolds as the Padres deal brackets a broader family-dynasty moment in Southern California sports.