NBA confirms sale of Lakers to Mark Walter for $10 billion
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The NBA officially confirmed sale Lakers businessman Mark Walter for a record sum estimated at 10 billion dollars. The operation, which was unanimously approved by the league’s other owners, marks a historic milestone for the storied franchise, while guaranteeing continuity in its direction.
Mark Walter, already co-owner of the Los Angeles Dodgers and an important figure in American sportsthus becoming the majority shareholder of the Lakers. for his part, Jeanie Buss retains his role as governor and will continue to oversee the day-to-day operations of the team.
“The Lakers are one of the most iconic franchises in all of sports, defined by a history of excellence and a relentless pursuit of greatness.” explains Mark Walter. “Few teams carry such a legacy and influence on a global scale. It is a privilege to work alongside Jeanie Buss to maintain this excellence and set new standards for success, on and off the field.”
Jeanie Buss remains in charge
The decision to keep Jeannie Buss at the head of the organization is part of Mark Walter’s desire to preserve the culture and stability of the club, which has been run by the Buss family since 1979.
“During the past decade, I got to know Mark, first as a businessman, then as a friend, and now as a colleague” I assure Jeanie Buss. “He has demonstrated time and time again his commitment to bringing titles back to Los Angeles, and, on behalf of Lakers fans, I am beyond excited for the future.”
With this colossal transaction, the value of the Lakers sets a new record for an NBA franchise, confirming the attractiveness of the Los Angeles market and the prestige of the “Purple & Gold” jersey.
2025-10-30 18:54:00
