The Buss brothers are actively seeking ownership opportunities in the upcoming NBA Europe league and the San Diego Padres.
Joey and Jesse Buss are making significant strides through their investment firm, Buss Sports Capital, to join an ownership group in the NBA Europe league. This aggressive pursuit highlights their ambition to expand their influence in professional sports beyond their current minority ownership of the Los Angeles Lakers. The Buss brothers are reportedly exploring multiple pro sports ownership opportunities, indicating a broader strategy to diversify their investments in the sports industry.
NBA Europe is scheduled to debut in October 2027, and the league is poised to decide on bids in the coming weeks, as stated by NBA commissioner Adam Silver. This timeline suggests that the Buss brothers are racing against time to secure their position in this new venture, which aims to establish teams in major European cities. Their interest in NBA Europe aligns with a growing trend of sports figures looking to invest in ownership roles within the league.
In addition to their NBA Europe ambitions, the Buss brothers are also considering a stake in Major League Baseball's San Diego Padres, which are reportedly being bought for $3.9 billion. This dual focus on both basketball and baseball ownership opportunities reflects their desire to capitalize on the evolving landscape of professional sports, particularly as the Padres' ownership situation develops. The ongoing negotiations for the Padres could provide a lucrative opportunity if finalized.
As the Buss brothers navigate these potential investments, the landscape of NBA Europe continues to take shape, with plans for a 16-team league featuring 12 permanent locations. The involvement of high-profile figures, including current NBA stars, in ownership discussions further underscores the league's appeal and potential for growth. The Buss brothers' active pursuit of ownership in this context may position them favorably as the league prepares for its launch.