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

Lakers minority owner Dr. Patrick Soon-Shiong retains 4% stake

Yahoo Sports • 1 min read • Latest: Aug 20, 2026, 5:14 PM

Last updated Aug 20, 2026

Lakers minority owner Dr. Patrick Soon-Shiong retains 4% stake
Summary

Dr. Patrick Soon-Shiong, a minority owner of the Los Angeles Lakers, will not sell his 4% ownership stake in the team. His attorney confirmed the decision to ESPN. There has been ongoing interest in ownership stakes among NBA teams, but Soon-Shiong's commitment indicates stability for the Lakers in this regard. No changes in ownership structure are expected at this time.

Source Links
Yahoo SportsESPN
Key Details
  • •Dr. Patrick Soon-Shiong retains his 4% stake in the Lakers
  • •His attorney confirmed the decision to ESPN
  • •No sale of the stake is planned
  • •The Lakers continue to navigate NBA ownership dynamics
  • •Ownership stakes can impact team management and strategy
Latest Updates
  • 1:10 PMYahoo Sports — Lakers Minority Owner Patrick Soon-Shiong Has No Plans To Sell 4% Stake
  • 6:07 PMESPN — Lakers minority owner not selling his 4% stake
What they're saying
"

Patrick Soon-Shiong has no intention of selling his 4% Lakers stake, believing the franchise still has significant long-term upside.

"

One of the Lakers' minority owners, Dr. Patrick Soon-Shiong, has no plans to sell his 4% stake in the team, his attorney told ESPN.

— ESPNby Dave McMenamin
Related Teams & Leagues
Los Angeles LakersNBABasketball

Sources

External links

Original reporting and copyright belong to the linked sources. SportsNewsReport.com aggregates and links — it does not republish full articles.

Related Stories

Last 14 days