JOURNAL ARTICLE

NBA Owners Approve $10 Billion Lakers Sale to Mark Walter.

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

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Boudway, Ira 3 of 3

Abstract

The article focuses on the approval of Mark Walter's $10 billion purchase of the Los Angeles Lakers from the Buss family, marking the largest price ever for a control sale of a sports franchise. Walter, who is the CEO of Guggenheim Partners LLC and also owns the Los Angeles Dodgers, agreed to the purchase in June. Jeanie Buss will retain an interest in the team and serve as its governor for at least five years. The Lakers, known for their storied history with 32 NBA Finals appearances and 17 championships, continue to be recognized as one of the most iconic franchises in sports. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/10, pN.PAG
  • Document Type:Article
  • Subject Area:Sports and Leisure
  • Publication Date:2025
  • Accession Number:189013768
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