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Buss Family Sells Lakers to Mark Walter for $10 Billion

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Source: Los Angeles Times
Buss Family Sells Lakers to Mark Walter for $10 Billion
Photo: Los Angeles Times
TL;DR

The Los Angeles Lakers are set to be sold to Dodgers owner Mark Walter and TWG Global, marking a significant change in ownership for the family-run franchise since 1979, with Jeanie Buss remaining as governor. The deal values the Lakers at around $10 billion, and Walter will now control both of LA's premier sports teams, following his successful revitalization of the Dodgers since acquiring them in 2012.

Topics:sportsbusiness#business#dodgers#lakers#mark-walter#sale#sports-ownership
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  1. Lakers sell majority ownership of franchise to Mark Walter  Los Angeles Times
  2. Sources: Buss family to sell Lakers at $10B valuation  ESPN
  3. 8 Most Expensive NBA Teams Ever Sold  Bleacher Report
  4. Buss family selling Los Angeles Lakers: Source  NBC News
  5. Buss family to sell Lakers, report says  CNBC

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