latimes.com / .latimes-com-sports-lakers / Page 2

The booming business of sports has attracted a flood of private equity investment and even the most notable franchises require the influx of cash to keep up in the arms race.

While the Buss siblings battles to sell their Lakers shares, Los Angeles Times owner Patrick Soon-Shiong says he won't sell his stake in the team.

When the news broke last week that Mark Walter was selling the Lakers just one year after buying the storied basketball franchise, executives working for another crown jewel in his sports empire -- the Dodgers -- were quick to say the billionaire had ...

The Buss family is selling its 17.8% ownership stake in the Lakers to new owners Bob Iger and Joshua Kushner in the wake of them purchasing the team from Mark Walter.

An NBA investigation into whether the Clippers used sponsor deals to circumvent the salary cap and pay Kawhi Leonard millions has reached a key discussion stage.

With the Department of Justice, the SEC and state insurance regulators probing Mark Walter's businesses, the Dodgers owner has a lot on the line.