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Lakers minority owner Todd Boehly tied to proposed Russian oil deal

The Lakers have had an eventful year in the ownership department. Now one of their minority owners has turned up in a story involving Russian oil, U.S. officials and talks about the war in Ukraine. Todd Boehly is part of…

Published: Monday, 5 October 2026 at 1:46 AM
Lakers minority owner Todd Boehly tied to proposed Russian oil deal
Key Things to Know
  • Todd Boehly is reportedly pursuing a multibillion-dollar deal for international assets owned by Russian energy giant Lukoil.
  • The proposed deal includes refineries, oil fields, and gas stations, requiring approval from both Washington and the Kremlin.
  • The transaction remains uncompleted and reportedly involves Middle Eastern investors connected to U.S. negotiators.
The Story in 60 Seconds

Los Angeles Lakers minority owner Todd Boehly is part of an investment group pursuing a multibillion-dollar deal for international assets owned by Russian energy firm Lukoil, according to reports. The targeted assets reportedly encompass oil fields, refineries, and gas stations. Any final agreement would require official regulatory approval from both the United States government and the Kremlin, and it remains uncompleted.

The investment group also reportedly involves Middle Eastern investors connected to U.S. negotiators Jared Kushner and Steve Witkoff. Russian President Vladimir Putin reportedly discussed the proposed arrangement during a September meeting with Kushner and Witkoff. The report notes that incoming Lakers stakeholder Josh Kushner is not identified as a participant in the proposal.

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