The NBA has officially approved Mark Walter as the new owner of the Los Angeles Lakers, marking a significant ownership change. Walter’s acquisition is set to shape the franchise’s future. Front Office Sports reports.
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Ex-Lakers executive Jesse Buss made a surprise prediction about the franchise’s future under new owner Mark Walter, citing potential shifts in management and championship prospects, Sports Illustrated reports.
Mark Walter’s acquisition of the Lakers now includes Dodgers co-owner Todd Boehly, signaling a strategic partnership reshaping Los Angeles sports ownership, as reported by Front Office Sports.
The Buss family has agreed to sell the Los Angeles Lakers to Dodgers owner Mark Walter in a landmark deal valuing the NBA franchise at $10 billion, marking a historic shift in sports ownership.
Mark Walter is the new majority owner of the Los Angeles Lakers. A billionaire investor and co-founder of Guggenheim Partners, Walter brings financial expertise and a passion for basketball to the iconic NBA franchise.