NBA Approves Mark Walter’s $10 Billion Deal for L.A. Lakers

VarietyThursday, October 30, 2025 at 4:53:28 PM
NBA Approves Mark Walter’s $10 Billion Deal for L.A. Lakers
In a significant move for basketball fans, billionaire Mark Walter has successfully acquired a majority stake in the Los Angeles Lakers for $10 billion, following unanimous approval from the NBA's board of governors. This deal not only highlights Walter's growing influence in sports, as he also owns the L.A. Dodgers, but it also promises to bring new opportunities and investments to the Lakers, a team with a storied history. The Buss family, who have been the team's stewards for decades, will continue to play a role, ensuring that the Lakers remain a competitive force in the NBA.
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