Buss Family Sells Lakers in Record $10 Billion Deal
TL;DR Summary
Jeanie Buss is set to sell a majority stake in the Los Angeles Lakers to Mark Walter in a record-breaking deal valued at approximately $10 billion, making it the highest sale in American sports history. The Lakers, owned by the Buss family since 1979, are one of the most successful NBA franchises, and the sale reflects their significant value and global brand. Walter, who also owns the Dodgers and other sports assets, previously acquired a stake in the Lakers in 2021 and has a history of successful sports franchise ownership.
- Jeanie Buss to sell majority stake in Lakers in record deal The Washington Post
- Sources: Buss family to sell Lakers, valued at $10B ESPN
- Los Angeles Lakers: Chelsea co-owner Mark Walter set to be sold controlling stake in $10bn valuation Sky Sports
- Lakers legend Magic Johnson on sale of the team: 'When the Celtics sold for $6B, I knew the Lakers were worth $10B!' Yahoo Sports
- Los Angeles Lakers sold to Dodgers owner in record-breaking deal KTLA
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