Brothers Joey and Jesse Buss are moving from one sport to another.

Buss Sports Capital, the investment group founded by the two brothers, has reached a deal to acquire approximately 5% of the San Diego Padres, according to The Athletic.

The move comes as the Buss family's ties to the Los Angeles Lakers continue to unwind. The family sold its controlling stake in the franchise to Mark Walter last year, and after Walter sold the team in recent weeks to a group led by Joshua Kushner and Bob Iger, Joey, Jesse and three of their siblings — Janie, Johnny and Jim — voted to sell the family's remaining 17.8% of the team to Iger and Kushner.

Not all siblings supported the decision. Jeanie Buss, who serves as governor of the Lakers, argued that her siblings cannot sell through an attorney, setting up a family feud over their Lakers stake.

In San Diego, the brothers are joining a franchise under new leadership. Kwanza Jones and José Feliciano acquired controlling shares of the Padres last week in a transaction valued at $3.9 billion, and Joey and Jesse said they were honored to join them. The addition gives the new ownership group another set of sports-business operators as it takes control of a club that has spent recent years trying to build on its on-field success and deepen its connection with fans.

"We are honored to join Kwanza and José and have the opportunity to contribute to the future of a team that Jesse and I have loved since we were kids growing up in San Diego," Joey Buss said in a statement obtained by The Athletic.

"Sports have always been a part of our family's story, and great organizations have a unique ability to bring people together and create a lasting sense of community. Padres fans have built one of the most passionate and loyal communities in all of sports, and we believe there is a tremendous opportunity to deepen that connection in San Diego and around the world."

With their investment, the two brothers will join the Padres' ownership advisory board.

"The Padres are on the cusp of something special, and through Buss Sports Capital, we look forward to bringing our experience and perspective to the ownership group and doing our part to build on the strong foundation already in place," Joey Buss said.

The acquisition also places the Buss brothers in a rivalry with Walter, with whom they previously co-owned the Lakers. Walter owns the Los Angeles Dodgers, and the National League West foes have gone head-to-head in the postseason multiple times over the last decade, adding another layer to a Southern California sports relationship already shaped by ownership changes.