NBA OWNERSHIP

Oct 25 2025SPORTS

A Big Change for the Lakers

A wealthy businessman, Mark Walter, is set to make a big move in the world of sports. He's trying to buy the Los Angeles Lakers, one of the most famous basketball teams in the world. This deal could be worth a staggering $10 billion, which is a lot of money. Walter is already a big player in sports. He owns the Los Angeles Dodgers, a top baseball team, and has stake...

reading time about 1 minute
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
Dec 31 2024SPORTS

Vince Carter's NFL Dream: A Surprising Side Effect of NBA Talks

Vince Carter has had a remarkable year, from his Basketball Hall of Fame induction to his jersey retirement by the Toronto Raptors. But there's another exciting development—he's joined the ownership group of the Buffalo Bills in the NFL. While many might assume this was his long-time goal, Vince revealed a different story. He'd always dreamed of owning an NBA team, a...

reading time about 1 minute