Metta World Peace discusses bid for Lakers ownership stake
Yahoo Sports • 1 min read • Latest: Sep 16, 2026, 2:35 AM
Last updated Sep 16, 2026
Metta World Peace revealed his attempt to purchase a 1% stake in the Los Angeles Lakers following Mark Walter's acquisition on August 12. On LinkedIn, he stated he was close to securing ownership in the team when Walter initially bought it in June. World Peace expressed his interest in Lakers ownership, citing the team's growth and potential for future sales. He noted challenges faced by minority groups in securing funding for such investments. While World Peace did not achieve ownership during Walter's tenure, his intentions may resurface with the new ownership group led by Bob Iger and Josh Kushner.
- •Metta World Peace sought to buy 1% of the Lakers for $100 million.
- •Walter sold the Lakers to a new group led by Iger and Kushner.
- •World Peace faced challenges due to funding structures for minorities.
- •He believes the Lakers can recover quickly and potentially change ownership again.
- 2:35 AMYahoo Sports — Lakers news: Metta World Peace reveals attempt to become LA part-owner
"On August 12, Mark Walter shocked the world by selling the Los Angeles Lakers to a new ownership group headlined by Disney CEO Bob Iger and venture capitalist Josh Kushner, but could the team have almost been sold to Metta World Peace? instead Taking to LinkedIn to give a peek behind the curtain of his current business dealings, World Peace […] The post Lakers news: Metta World Peace reveals attempt to become LA part-owner appeared first on ClutchPoints.
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