Born in Iowa, Walter, 51, went to Creighton University and Northwestern University Law School. His net worth is estimated to be $1.3 billion. Most of Walter’s fortune derives from his stake in Guggenheim Partners, a 12-year-old firm founded with family money by a descendant of mining magnate Meyer Guggenheim.
Arguably the greatest Laker of all time, Johnson, 52, is not expected to have a major decision-making role in terms of player personnel, but will be the public face of the franchise. He is a member of the basketball Hall of Fame and was a three-time NBA MVP. The Lakers won five titles while he was with them and his No. 32 has been retired by the team.
Kasten, 60, was the youngest general manager in the NBA when the Atlanta Hawks named him to that position in 1979. He was also president of the Atlanta Braves from 1986 to 2003, during which they won 14 straight division titles, and was president of the NHL’s Atlanta Thrashers from 1999 to 2003. He later served as president of the Washington Nationals from 2006 to 2010.
Guber, 70, is chairman and chief executive of Mandalay Entertainment Group and has produced or co-produced a lengthy list of films, including “Rain Man,” “Batman,” “The Color Purple,” “Flashdance” and “Midnight Express.” He has been a part owner of the Golden State Warriors since 2010. He is also a professor at the UCLA School of Theater, Film, Television and Digital Media and has his own website, https://www.peterguber.com.
Boehly is president of Guggenheim Partners. He joined them in 2001 to establish and lead the corporate credit business for the firm. Before that, he was vice president at Whitney & Co., where he initiated the firm’s bank loan investing business. He has also worked at Credit Suisse First Boston, where he concentrated on leveraged finance.
A longtime client of Guggenheim Partners, Patton invests in oil and gas and real estate in Texas. A 2010 story from the Fort Worth Star-Telegram described Mr. Patton as a “rancher-investor” and a “big player in political donations” in Texas. He also serves on the board of Security Benefit Corp. and on the advisory council of the University of Texas College of Liberal Arts.