Mark Walter Takes Over Lakers in $10B Deal
A new chapter begins for the Los Angeles Lakers as billionaire investor Mark Walter officially acquires majority ownership of the franchise. Jeetbuzz App Download reports that the NBA Board of Governors has approved the record-breaking transaction, valued at around $10 billion—the highest in global professional sports history. The Buss family will retain a minority share, and Jeanie Buss is set to remain on the Lakers’ board for at least the next five years, ensuring continuity through the transition. NBA Commissioner Adam Silver praised the move, describing Walter as a figure deeply rooted in basketball culture. “Mark Walter has long been Read More »Mark Walter Takes Over Lakers in $10B Deal