Metta World Peace's Bid to Purchase Los Angeles Lakers Shares
Former basketball player Metta World Peace announced that he wanted to acquire a 1 percent stake in the Los Angeles Lakers following the transfer in June 2025.
Los Angeles Lakers former player Metta World Peace announced that he attempted to purchase a 1 percent stake for 100 million dollars based on a 10 billion dollar valuation immediately after Mark Walter purchased the team in June 2025.
Effort to Become a Shareholder
Sharing his business ventures, Metta World Peace stated that he took action to acquire a 1 percent stake in the Los Angeles Lakers.
Financial Structure and Negotiations
He stated that he had to keep his group confidential during the investment process due to the difficulties minority groups face with credit and debt restructuring.
Future Plans
He emphasized that he made this move with the intention of evaluating the possibility of owning the entire club in the future.