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Sports Illustrated
Sports Illustrated
Sport
Karl Rasmussen

Buss Family Launching New Sports Business Amid Lakers Sale

Lakers Jesse Buss Joey Mark Walter NBA ESPN

Joey and Jesse Buss announced Wednesday the launch of their new company, Buss Sports Capital, which is an investment firm aiming to identify potential acquisitions and partnerships in sports, according to ESPN.

The new business venture is not expected to impact the brothers' roles with the Lakers. Despite an agreement to sell the team to Mark Walter in a deal that valued the franchise at $10 billion, the Buss family is expected to remain heavily involved with the franchise.

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