Los Angeles Lakers being sold in $10 billion NBA bombshell

Source: New York Post

“The Lakers are changing hands — for a sky-high price tag. The Buss family is entering an agreement to sell its majority stake in the Lakers for approximately $10 billion to businessman Mark Walter, ESPN’s Shams Charania reported Wednesday. It marks the largest sale ever of a U.S. pro sports franchise. Walter, who is also the primary owner of the Dodgers, is the CEO of TWG Global, a multinational conglomerate holding company. Walter also has interests in several other professional sports teams and enterprises — including the Los Angeles Sparks, Chelsea FC, the Billie Jean King Cup, the Cadillac Formula 1 team and the Professional Women’s Hockey League.” (06/18/25)

https://nypost.com/2025/06/18/sports/buss-family-agrees-to-sell-lakers-to-mark-walter-in-bombshell-10-billion-deal/