Metta World Peace seeks $100 million stake in Lakers ownership

Yahoo Sports1 min read • Latest: Aug 27, 2026, 1:17 AM

Last updated Aug 27, 2026

Metta World Peace seeks $100 million stake in Lakers ownership
Summary

Metta World Peace, formerly known as Ron Artest, attempted to acquire a $100 million stake in the Los Angeles Lakers. This bid followed the recent sale of the Buss family's majority stake to businessman Walter, who purchased it for a $10 billion valuation in 2025. Sandiford-Artest expressed disappointment at being turned down, highlighting the significance of having a former player like himself involved in ownership, especially after the Buss family's departure. Details on any potential future bids or changes in ownership dynamics were not provided.

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Key Details
  • Metta World Peace attempted to invest $100 million in the Lakers.
  • Walter acquired the Lakers' majority stake for $10 billion in 2025.
  • Sandiford-Artest wishes he could have joined the ownership team.
  • No information on future ownership bids has been shared.
Latest Updates
  • 1:17 AMYahoo SportsMetta World Peace attempted to buy into Lakers for $100 million
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Metta World Peace attempted to buy into Lakers for $100 million

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