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News

Mark Walter Becoming New Lakers Owner

NBC Los Angeles · 50m
Mark Walter and Lakers say sale of the team is expected to close later this year
Mark Walter’s acquisition of the majority ownership stake of the Los Angeles Lakers is expected to close in the third or fourth quarter of this year.
Bleacher Report · 6h
Lakers' $10B Sale to Mark Walter from Buss Family Expected to Close Before 2026
Jerry Buss, Jeanie's father, originally purchased the franchise in 1979, and the family has remained in control of the team for the last 46 years. Walter purchased a minority stake in 2021 before last week's agreement to acquire the majority stake for a franchise valuation of approximately $10 billion.
Reuters on MSN · 1h
NBA-Lakers confirm sale of majority stake in franchise to Mark Walter
The Buss family have agreed to sell a majority stake in the Los Angeles Lakers to TWG Global CEO Mark Walter, the two parties confirmed on Wednesday, while adding that Jeanie Buss will remain governor of the storied NBA franchise.
3d
How will Mark Walter impact the Lakers? Here are 5 key tenets of his Dodgers reign
The tone was set for Walter’s tenure. Without the restrictions of a hard salary cap, the ownership group has supported a ...
6hon MSN
Jeanie Buss Breaks Silence on Lakers' Record-Breaking Franchise Purchase
Former Lakers majority owner Jeanie Buss publicly speaks for the first time since the record-breaking purchase.

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