Dr. Patrick Soon-Shiong, one of the Los Angeles Lakers’ minority owners, has no plans to sell his 4% stake in the franchise, according to his attorney.
The clarification keeps Soon-Shiong’s ownership position unchanged as the Lakers remain one of the NBA’s most prominent and valuable organizations. His stake represents a minority share in a franchise with a long championship history and a global fan base.
No additional details were provided regarding any potential ownership changes involving Soon-Shiong’s share.