IJR News — today's news from every side

IJR News — today's news from every side

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Buss Brothers Buy 5% Padres for $3.9B — Aug 26, 2026Joey and Jesse Buss have joined the San Diego Padres’ ownership group as minority investors, acquiring about 5% and serving on the advisory board, bringing their Lakers-era experience with salary caps and long-term roster development to baseball. Their move coincides with the Padres’ new ownership group’s closing of an MLB-record valuation and ongoing Buss family drama linked to the Lakers sale, as they also pursue an NBA Europe stake.

Buss Brothers bid for NBA Europe, Padres stakeSports — Jul 15, 2026Joey and Jesse Buss, through their firm Buss Sports Capital, are actively bidding for NBA Europe franchises in London, Manchester, and Lyon and are exploring an ownership stake in the San Diego Padres, as they pursue a return to major pro-sports ownership after leaving the Lakers. The NBA Europe project, expected to launch in 2027 with about 12 permanent teams and several markets already targeted, has attracted broad interest including potential bids tied to Luka Dončić and Donnie Nelson Jr. in Italy.