Dr. Patrick Soon-Shiong Acquired 4% Ownership of Lakers from Magic Johnson in 2010
In 2010, Dr. Patrick Soon-Shiong purchased a 4% share of the Los Angeles Lakers, buying the stake from former player Magic Johnson.
Why it matters
The purchase shows how ultra-wealthy investors are expanding into sports franchises, influencing team ownership dynamics.
In this story
Patrick Soon-ShiongMagic JohnsonLos Angeles LakersNBA ownershipbillionaire investorcancer researchsports franchisestake purchase
