Buss Brothers Buy 5% Padres Stake as Lakers Family Sale Fight Deepens

3 articles · Updated · Los Angeles Times · Aug 26

Buss Sports Capital, founded by Jesse and Joey Buss, bought roughly 5% of the San Diego Padres, marking the brothers’ first major investment outside the Lakers.
The 38- and 41-year-old brothers said they will bring nearly two decades of basketball operations experience to José E. Feliciano and Kwanza Jones’ ownership group as it pursues the franchise’s first World Series title.
The move comes after the brothers were let go by the Lakers in November, despite Jeanie Buss having said roles would not change for five years after Mark Walter bought control for $10 billion.
Their Padres investment also lands amid a fresh dispute over the Buss family’s remaining 17.8% Lakers stake after Joshua Kushner and Bob Iger agreed to buy a majority interest for $12.5 billion and Jeanie challenged any sale without all six siblings’ approval.