Buss Family Sells Lakers to Mark Walter for $10 Billion

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Source: Los Angeles Times
Buss Family Sells Lakers to Mark Walter for $10 Billion
Photo: Los Angeles Times
TL;DR Summary

The Los Angeles Lakers are set to be sold to Dodgers owner Mark Walter and TWG Global, marking a significant change in ownership for the family-run franchise since 1979, with Jeanie Buss remaining as governor. The deal values the Lakers at around $10 billion, and Walter will now control both of LA's premier sports teams, following his successful revitalization of the Dodgers since acquiring them in 2012.

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