“I’ve talked about this in the past, you have to understand, the Buss family owns two-thirds of the Lakers, 66, 67 percent. And there are six Buss children (as part of that ownership trust). And that’s their core family business. They don’t have a Microsoft stock that pays them hundreds of millions, they don’t have a tech company. So let’s say the Lakers make $100 million, that means the Buss family gets $67 million of that, and now you split that six different ways, all of them have $10 million and change per year. That sounds like a lot, but when you think about ‘hey, maybe we could sell 10% of the team and get $600 million for it or something, then all of a sudden all of them get $100 million.
“I could see Mark Walter and Todd Boehly of Guggenheim,
they recently bought 25, 27 percent of the Lakers. They bought out Phil Anschutz, who owned Crypto.com Arena and owns the (Los Angeles) Kings. He owned 27 percent, he sold out a year or so ago. We never heard what they paid for that, but my guess is it was huge. So it’s already been established, there has already been a percentage of the Lakers sold in the last year. It wasn’t by the Buss (family), so that’s just something to keep an eye on.”