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Local Tv Deals

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Walter seeks early cash-out from Lakers TV deal amid liquidity concerns
business4 days ago

Walter seeks early cash-out from Lakers TV deal amid liquidity concerns

Mark Walter reportedly sought to exit the Lakers' local TV deal early by negotiating with Charter Communications for a lump-sum payout, a move tied to liquidity as he sells his majority Lakers stake to Bob Iger and Josh Kushner. The Raine Group has been involved with selling Spectrum SportsNet, and it’s unclear how Walter’s sale will affect those processes, with a Chelsea stake on the table and Buss family disputes not expected to derail the deal.