JOURNAL ARTICLE

Los Angeles Lakers Confirms Majority Stake Sale to Mark Walter.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Williams, Randall 3 of 3

Abstract

The article reports that Mark Walter will acquire a majority stake in the Los Angeles Lakers from the Buss family, valuing the NBA franchise at a record $10 billion. The transaction is anticipated to finalize in late 2025, with Jeanie Buss remaining as the team's governor and overseeing daily operations. Walter, a billionaire financier and minority owner since 2021, also has interests in other sports teams, including the Los Angeles Dodgers and the Los Angeles Sparks. The Buss family originally purchased the Lakers in 1979 for $67.5 million, which included additional assets. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/06, pN.PAG
  • Document Type:Article
  • Subject Area:Sports and Leisure
  • Publication Date:2025
  • Accession Number:186161133
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