Los Angeles Lakers to sell majority ownership in historic deal

Published: 6/18/2025
Los Angeles Lakers to sell majority ownership in historic deal
Los Angeles Lakers set to sell majority ownership in historic $10 billion deal to billionaire Mark Walter, further reshaping US sports landscape. Walter, with ties to the Dodgers, poised for takeover after acquiring 20% stake in 2021. Lakers dynasty under Buss family ownership since 1979 likely to see seamless transition with Jeanie Buss expected to retain prominent role.