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Buss Brothers’ New Firm to Join Padres Ownership Group After Lakers Sale

The Buss brothers’ newly formed firm is set to become part of the San Diego Padres’ ownership group following the sale of the Los Angeles Lakers. The move marks a notable shift from one major sports franchise investment to another.

Dr. Sarah Chen
1 min read

The Buss brothers’ new firm will be part of the San Diego Padres’ ownership group following the sale of the Los Angeles Lakers.

The development connects members of the longtime Lakers ownership family with Major League Baseball’s Padres, adding another prominent sports investment to their portfolio through the newly established firm.

The Buss family has been closely associated with the Lakers for decades, with the franchise standing as one of the NBA’s most recognizable organizations. After the Lakers sale, the brothers’ involvement with the Padres represents their next step in professional sports ownership.

A New Ownership Role in San Diego

The Padres’ ownership group will now include the Buss brothers’ firm, bringing in investors with significant experience tied to a major Los Angeles sports franchise. No additional details were provided regarding the size of the stake or the firm’s specific role within the ownership structure.

Originally reported by Espn