LAKERS SALE

Jun 26 2025SPORTS

The Lakers Change Hands: A New Era Begins

The Lakers are under new management. The Buss family, who have owned the team for nearly 50 years, have sold a majority stake to Mark Walter. This deal is the biggest sale ever for a U. S. sports team, worth a whopping $10 billion. Jeanie Buss, who took over after her father Jerry Buss passed away, is happy with this change. She believes Walter shares the same passio...

reading time about 1 minute
Jun 20 2025SPORTS

Lakers: A New Era with Mark Walter

The Los Angeles Lakers are changing hands. The Buss family, who have owned the team since 1979, are selling their controlling stake to Mark Walter. This deal values the Lakers at a staggering $10 billion, making it the highest valuation ever for a sports franchise. Jeanie Buss, the current team governor, will stay on in her role. This is a big move for the Lakers, an...

reading time about 2 minutes