In June, the Buss family sold the Los Angeles Lakers for $10 billion to Los Angeles Dodgers owner Mark Warner. It marked the end of an era, as the Buss family had run the Lakers organization for 46 years, beginning with the patriarch, Dr. Jerry Buss, in 1979.

On Wednesday, the Buss brothers, Joey and Jesse, are officially launching their own sports investment firm, according to Dave McMenamin and Shams Charania of ESPN. The goal of Buss Sports Capital is to establish partnerships and make strategic acquisitions across various sports. Currently, Joey, 41, is the alternate governor and VP of research and development for the Lakers. Meanwhile, Jesse, 37, is the assistant general manager.

Their older sister is Jeanie Buss , the current team governor. All of whom will remain w

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