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Los Angeles Lakers Being Sold To Dodgers Owner For Estimated $10 Billion: Report
Los Angeles Lakers Being Sold To Dodgers Owner For Estimated $10 Billion: Report

Yahoo

time9 hours ago

  • Business
  • Yahoo

Los Angeles Lakers Being Sold To Dodgers Owner For Estimated $10 Billion: Report

The Los Angeles Lakers' longtime owners have reportedly agreed to sell the team to another LA sports magnate in a deal estimated to be worth $10 billion. ESPN's NBA expert Shams Charania broke the news on Wednesday afternoon, revealing that the Buss family will sell its majority ownership stake in the Lakers to Mark Walter, the CEO of holding company TWG Global and primary owner of baseball's Los Angeles Dodgers. Lakers co-owner Jeanie Buss in 2021. Her family has owned the team since 1979. Allen J. Schaben via Getty Images Jeanie Buss, who became the team's president after her father Jerry Buss' death in 2013, will continue her role as the Lakers' representative on the NBA's Board of Governors, sources told ESPN. Advertisement Walter already has stakes in several of LA's most prominent athletic organizations, like the Dodgers and the WNBA's Los Angeles Sparks, in addition to interests in tennis' Billie Jean Cup, pro-racing's Cadillac Formula 1 team and the Professional Women's Hockey League. Dodgers owner Mark Walter (left) and president of baseball operations Andrew Friedman (right) stand for a photo with Shohei Ohtani (center) in December 2023. Walter has reportedly agreed to buy the Lakers. Wally Skalij via Getty Images The Buss family's legacy has been intertwined with the Lakers since patriarch Jerry Buss bought the team in a 1979 deal which also included the NHL's Los Angeles Kings and the Los Angeles Forum arena in Inglewood, California. HuffPost reached out to representatives for Walter and the Lakers for comment, but did not immediately hear back. Related...

Emma Raducanu withdraws from GB Billie Jean King Cup squad to ‘look after body'
Emma Raducanu withdraws from GB Billie Jean King Cup squad to ‘look after body'

The Independent

time02-04-2025

  • Sport
  • The Independent

Emma Raducanu withdraws from GB Billie Jean King Cup squad to ‘look after body'

Emma Raducanu has pulled out of Great Britain's squad for next week's Billie Jean King Cup qualifiers against Germany and the Netherlands. Raducanu reached the quarter-finals of the Miami Open last week, the British number two's deepest run at a WTA 1000 event and her best tournament performance since her stunning US Open triumph in 2021. The 22-year-old has featured in seven events in a busy first three months of the year and has now opted to take a breather for the next two to three weeks to fit in a training block. She will not participate in any WTA tournaments during that time, having pulled out of a tournament in Rouen starting on 14 April, and it is unclear when she intends to return to action. The decision means she has withdrawn from Britain's five-strong team for their Billie Jean King Cup double-header in the Netherlands, played on clay indoors in The Hague. 'I recognise this has been a difficult decision for Emma,' Britain captain Anne Keothavong said on the Lawn Tennis Association's X account. 'Of course you always miss a player of her quality on the team, we've seen what she can do in the past representing her country, but I have the utmost belief in the players who are travelling next week and will confirm a fifth player in due course.' Raducanu was one of three top-100 singles players in Keothavong's original full-strength team, with Katie Boulter and Sonay Kartal selected alongside former world number 70 Harriet Dart and British doubles number one Olivia Nicholls. The former US Open champion was a key player in the Billie Jean Cup squad last year, winning all five of the matches she played, including two on clay in France. Britain lost in the semi-finals in November. The Billie Jean King Cup has a new round-robin qualifying format, with the top nation heading to the Finals later this year. The remaining two teams will have to compete in play-offs for the chance to return to the qualifiers in 2026.

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