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Los Angeles Lakers Set for Record $10 Billion Sale to Mark Walter

Jeanie Buss will remain team president as Walter, who already owns stakes in the Dodgers and Sparks, finalizes the deal by year-end

Die Lakers bekommen einen neuen Besitzer

Overview

  • Mark Walter agreed to purchase the Lakers for roughly $10 billion in a deal announced June 25, the highest price ever paid for a sports franchise.
  • The transaction is set to close by the end of 2025, pending final league and regulatory approvals.
  • Jeanie Buss confirmed she will continue overseeing day-to-day operations as team president under the new ownership.
  • Walter will acquire a majority stake through the Buss Family Trust, building on minority holdings in the Dodgers, Sparks plus the forthcoming Cadillac Formula 1 outfit.
  • The Buss family has owned the Lakers since Jerry Buss purchased the franchise in 1979 for $67.5 million, underscoring the magnitude of the sale price increase.