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Draymond Green Issues Warning About Lakers After $10 Billion Sale
Sergio Estrada-Imagn Images

Los Angeles Lakers owner Jeanie Buss and her family agreed on Wednesday to sell the historic NBA franchise to Mark Walter, owner of the Los Angeles Dodgers and CEO of TWG Global.

Even though Walter has been a stakeholder in the Lakers since 2021, he will now own the majority stake while Buss will continue to act as the team's governor. The landmark sale will cost $10 billion, making it the most expensive team sale in sports history.

The new ownership can also help the organization spend more money on its team more frequently, which differs from the Buss family’s style of management because they relied on the income they made from the Lakers.

Furthermore, this issue halted much of the team's development as they had to be cautious with their spending, which makes the deal even more beneficial for the Lakers and a warning sign in the eyes of some players, including Golden State Warriors forward Draymond Green.

“Oh man, that makes the Lakers dangerous,” Green said during a recent episode of “The Draymond Green Show with Baron Davis." “The only thing stopping the Lakers by NBA ownership standards is Jeanie Buss and the Buss family [being] one of the least wealthy families as far as money goes.”

Green noted that the Lakers were able to bring in a fair amount of income during the COVID-19 pandemic era between 2020-21 because of their lucrative regional television deal with Spectrum SportsNet, now worth $3 billion.

“They got so much money from their regional television deal,” Green added. “That puts them in a position to profit when no one was in the stands, but the Lakers did in large part due to their regional TV deal.

“So now we have an owner with deep pockets, who’s going to say, well, I don’t need all that money and take it and put it into the team. Let’s do whatever we want with this roster, and get that guy and this guy.”

Green concluded his speech by claiming that Walter’s wealth, combined with the Lakers' legacy as a historic franchise, will be “dangerous” for years to come.

This article first appeared on Athlon Sports and was syndicated with permission.

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