Sports News Report
League: NBASport: BasketballCountry: United StatesCategory: Transactions

Dr. Patrick Soon-Shiong confirms he will not sell Lakers minority stake

Yahoo Sports • 1 min read • Latest: Aug 20, 2026, 6:43 PM

Last updated Aug 20, 2026

Dr. Patrick Soon-Shiong confirms he will not sell Lakers minority stake
Summary

Dr. Patrick Soon-Shiong has stated he will retain his minority share of the Los Angeles Lakers following the sale of the majority ownership to Bob Iger and Josh Kushner. Soon-Shiong’s attorney, Chuck "Tiger" Kenworthy, expressed confidence in the future of the team, noting their excitement about upcoming championship opportunities. This announcement comes amid discussions regarding the Buss family's stake in the franchise after Mark Walter's recent transaction.

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Yahoo Sports
Key Details
  • •Dr. Patrick Soon-Shiong will not sell his minority share.
  • •Bob Iger and Josh Kushner acquired majority ownership of the Lakers.
  • •Soon-Shiong's attorney emphasized excitement for the team's future.
  • •This follows the significant sale of majority ownership by Mark Walter.
  • •The Buss family's stake is currently under discussion.
Latest Updates
  • 6:43 PMYahoo Sports — "Dr. Patrick is absolutely not selling his minority …
What they're saying
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"Dr. Patrick is absolutely not selling his minority …

Related Teams & Leagues
Los Angeles LakersNBABasketball

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