Mark Walter’s acquisition of majority ownership of the Lakers, in a deal that puts the franchise valuation at $10 billion, is expected to close in the third or fourth quarter of this year.

But now Walter will have the 26-year-old Luka Doncic to build around, so perhaps another world title won't be that far off. This article originally appeared on LeBron Wire: Jeanie Buss and Mark ...

The Buss family has agreed to sell the controlling stake of the Los Angeles Lakers to TWG Global CEO and Los Angeles Dodgers owner Mark Walter, doing so with a franchise valuation of $10 billion ...

In June 2025, the Los Angeles Lakers made NBA history by agreeing to sell a controlling stake to billionaire investor Mark Walter, valuing the franchise at roughly $10 billion. D ...

Walter has been a minority owner of the Lakers since 2021. Jerry Buss, Jeanie Buss’ father, bought the team in 1979.

Lakers’ sale to Mark Walter expected to close later in 2025 Both sides confirm that Jeanie Buss will remain governor of the franchise and continue to ‘oversee all team operations on a day-to ...

“One thing that Jeanie [Buss] was going to do is put [the franchise] in the right hands. If she was going to sell, it had to be the right person, and Mark Walter is the right person to take over ...

“One thing that Jeanie [Buss] was going to do is put [the franchise] in the right hands. If she was going to sell, it had to be the right person, and Mark Walter is the right person to take over ...

“Mark Walter is the best choice and will be the best caretaker of the Laker brand,” Lakers great Magic Johnson, a business partner of Walter's and someone extremely close to Jeanie Buss ...

Since Jerry Buss’ death, the family has occasionally clashed over control, with Jeanie Buss removing her brother Jim from his position as executive vice president of basketball operations in 2017.