The Los Angeles Lakers are on the verge of a new era, as the Buss family finalizes a record-breaking $10 billion sale to billionaire Mark Walter. This monumental deal, which values the iconic NBA franchise at an unprecedented level, marks the end of the Buss family’s 46-year ownership tenure.
Walter, who already holds a minority stake in the team, is set to assume majority ownership, with Jeanie Buss expected to retain her role as team governor. The sale, which surpasses the recent $6.1 billion sale of the Boston Celtics, solidifies the Lakers’ status as one of the most valuable sports franchises globally. As the team prepares for a new chapter under Walter’s ownership, fans are eager to see how this change will impact the Lakers’ future success.