Dr. Patrick Soon-Shiong Will Not Sell Minority Stake in Lakers
Despite a major transition in the franchise's ownership structure, the minority investor is keeping his four percent stake in Los Angeles.
Dr. Patrick Soon-Shiong is holding onto his minority stake in the Los Angeles Lakers amid a major transition in the team's ownership picture.\n\nSoon-Shiong, who owns a 4% share in the Lakers, intends to remain involved with the organization rather than exit during the surrounding changes. His attorney, Chuck Tiger Kenworthy, confirmed that Soon-Shiong has no plans to part ways with his stake.\n\n"Dr. Patrick is absolutely not selling his minority share of the Lakers," Kenworthy told BasketNews.\n\nEven as the broader ownership structure around the franchise shifts, Soon-Shiong is quietly refusing to relinquish his place in the organization.