Tag: nytimes.com
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Five Buss siblings ‘united’ in selling Lakers share, despite Jeanie’s objection
Five of the six Buss family siblings said they intend to move forward with selling their portion of the Los Angeles Lakers, a day after a lawyer for their sister, Jeanie, said doing so would be “a breach of trust, breach of fiduciary duty” and would put them “in contempt of court.” “Johnny, Jimmy, Janie,…
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The Bounce: Confusion reigns in NBA’s Clippers investigation
The Bounce Newsletter | This is The Athletic’s daily NBA newsletter. Sign up here to receive The Bounce directly in your inbox. Jeanie Buss is trying to stop her family from selling their remaining 17.8 percent stake in the Los Angeles Lakers. It’s just the latest twist and turn in this hectic $12.5 billion sale of the historic…
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A very normal day in L.A., plus the AP Top 25
The Pulse Newsletter 📣 | This is The Athletic’s daily sports newsletter. Sign up here to receive The Pulse directly in your inbox. Good morning! Watch your shoelaces today. Coming up: 🫠 Inside the Lakers’ drama 🙃 The Clippers, too 🏈 AP Top 25 takes Paperwork: The Clippers and Lakers had a weird day In…
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Jeanie Buss contests vote to sell Lakers stake, calls family strategy ‘breach of trust’
Jeanie Buss might not be done as the Los Angeles Lakers’ team governor. Not long after it was reported that the Buss family intended to sell its portion of the franchise — a move that would lead to Jeanie’s ouster as team governor — her lawyers deemed the reported vote void. In a letter sent…
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Buss family intends to sell remaining shares in Lakers: Sources
The Buss family, which has owned and operated the Los Angeles Lakers since March 29, 1979, intends to sell its remaining shares in the team, tagging into the $12.5 billion valuation Mark Walter received last week in a deal with Bob Iger and Josh Kushner, according to multiple sources who spoke on the condition of…
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San Antonio City Council rejects mayor’s motion for re-vote on Spurs arena deal
The Spurs’ new arena deal cleared its latest hurdle Monday, when the San Antonio City Council denied a motion to reopen the funding to a public vote. The team will build a $1.3 billion downtown arena, which will be paid for in part by $489 million in public funding through municipal bonds. That plan was…
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NBA disputes report detailing potential findings in Clippers’ cap circumvention probe
The NBA is disputing an ESPN report that detailed findings of the league’s investigation into possible salary-cap circumvention by the LA Clippers and subsequent settlement negotiations. “ESPN’s article regarding the LA Clippers investigation — for which the NBA declined to cooperate — contains numerous and significant inaccuracies,” the league statement read. “The results in this…
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Michael Jordan’s 1998 NBA Finals Game 3 jersey going to auction with record-setting potential
The jersey worn by Michael Jordan in Game 3 of the 1998 NBA Finals, when he would go on to win his sixth and final championship during “The Last Dance” season for the 1990s Chicago Bulls dynasty, will be sold through auction house Joopiter this fall. One of the most significant pieces of Jordan memorabilia…
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The Lakers sale and a federal probe put Mark Walter in a spotlight he never sought
Mark Walter stood next to Donald Trump with his hands clasped and his eyes focused on the president, who spoke to a crowd about the power of the Oval Office and the “most important people in the world” who visit it. Walter, 66, was among those visitors. So were members of the Los Angeles Dodgers,…
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Charles Oakley’s lawsuit against Madison Square Garden dismissed — again
A federal judge dismissed Charles Oakley’s lawsuit against Madison Square Garden on Friday, saying that the former New York Knicks forward did not prove he was assaulted when he was removed from a game as a fan in 2017. Oakley was handcuffed and arrested after an altercation with security while sitting near owner James Dolan…