| Jan 22, 2014
| 4:39 PM
MIAMI — The Lakers are losers in the standings but financial winners in a big way.
They were declared the NBA's second-most valuable franchise, behind only the New York Knicks, in an annual report released Wednesday by Forbes.
The Lakers are...
| Jan 2, 2014
| 6:14 PM
The WNBA is searching for a new Sparks owner after Sparks Chairman Paula Madison told the league her family-owned company would no longer be involved with the team, The Times has learned.
“This was a big surprise to us,” WNBA President...
| Jan 15, 2014
| 5:05 PM
Magic Johnson has never been reluctant to give his opinion on how the Lakers are playing, and Wednesday he said the problems on the court can be traced to the owner’s office.
Johnson, whose Hall of Fame playing career included five NBA titles in...
| Jan 16, 2014
| 4:16 PM
A memo to the newsroom from Times Editor Davan Maharaj:
As we embark on a new year, I want to take a moment to review the exceptional work you produced in 2013, and offer my heartfelt thanks for it.
We started the year with two ambitious goals: to...
| Jan 23, 2014
| 1:13 PM
Lakers executive and owner Jim Buss has been in a housing buy-sell mode involving six properties across two counties in the last several months.
For sale in Orange County is his ocean-view home in the Monarch Bay area of Dana Point. Listed at $4.795...
| Dec 6, 2013
| 12:18 PM
Jerry Buss’ Playa del Rey mansion has come on the market at $5.95 million.
The late Los Angeles Lakers owner had the Italian-style villa custom built in 1998. The hilltop estate features slam-dunk views of the ocean, marina and cityscape.
| Dec 14, 2013
| 5:00 AM
It's showtime, so to speak. No, not on the basketball court at Staples Center, but in Playa del Rey, where Jerry Buss' mansion has come on the market at $5.95 million.
The custom Italian-style villa, built in 1998 by the late Los Angeles Lakers owner...
| Apr 27, 2014
| 2:45 PM
Nowadays, it’s the price tag that makes a house famous. The most expensive U.S. home ever sold, a single-family Connecticut house bought by a company, recently went for $120 million.
It used to be the owners who made the house famous.
| Apr 28, 2014
| 12:04 PM
Magic Johnson would be interested in purchasing the Clippers, with financial backing from Guggenheim Partners, if they were put up for sale, according to a person familiar with the situation.
A racially charged audio recording surfaced Saturday in which...
| Apr 28, 2014
| 8:17 PM
The opinion that Donald Sterling can no longer be an owner is incorrect. He would make an excellent plantation owner.
What a story. Just when you think you have seen it all . . .
The late Bill Thomas, as fine an editor as the Los Angeles Times ever...
| May 3, 2014
| 5:51 PM
As part of the NBA's sweeping sanctions against Clippers owner Donald Sterling over his controversial racial remarks, NBA Commissioner Adam Silver is urging the league's other owners to push for the Clippers' sale.
Silver said that if three-quarters...