Overview
- The NBA Advisory Finance Committee received Walter’s presentation on Friday and will issue a recommendation to the Board of Governors.
- A vote on his bid could occur as early as the end of next week, with a path to closing by month’s end if approved.
- The Buss family would retain more than 15% and Jeanie Buss would continue as governor under the reported structure.
- The $10 billion valuation would reset the U.S. record for a pro sports franchise sale, topping the Commanders and Celtics deals.
- Walter, the Dodgers’ controlling owner, also holds stakes in the Sparks, Chelsea FC, a Cadillac F1 entry, the PWHL, and the Billie Jean King Cup; he attended Friday’s meeting hours before the Dodgers’ World Series opener.