Lakers Sold for Record-Breaking $10B; New Ownership Era Begins
Lakers Sold for Record-Breaking $10B; New Ownership Era Begins TWG Global CEO Mark Walter has acquired the Los Angeles Lakers for a record-shattering $10 billion, marking the end of the Buss family’s 44-year ownership. This surpasses the previous record set by the Boston Celtics’ $6.1 billion sale. The deal signifies a major shift in NBA ownership, with two of the league’s most storied franchises changing hands in recent months. Walter, already involved in various sports ventures (LA Dodgers, LA Sparks,…