A Big Change for the Lakers
Los Angeles, USASat Oct 25 2025
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A wealthy businessman, Mark Walter, is set to make a big move in the world of sports. He's trying to buy the Los Angeles Lakers, one of the most famous basketball teams in the world. This deal could be worth a staggering $10 billion, which is a lot of money.
Walter is already a big player in sports. He owns the Los Angeles Dodgers, a top baseball team, and has stakes in other teams like the WNBA's Los Angeles Sparks and even a Formula 1 team. If he gets the Lakers, he'll have a huge collection of sports teams.
The current owners, the Buss family, will still have a small part of the team. This means Jeanie Buss, who has been a key figure in the Lakers organization, will likely stay involved.
This deal is huge. It's more than what Josh Harris paid for the Washington Commanders and Bill Chisholm paid for the Boston Celtics. Walter's previous big purchase was the Dodgers back in 2012 for $2. 15 billion, which was a lot at the time but seems small now.
The NBA's finance committee will look at Walter's offer and decide if it's good to go. If they say yes, the Lakers could have a new owner soon.
This is a big moment for the Lakers and for sports in general. It shows how much money is involved in professional sports these days. It's not just about the game anymore; it's about big business.
https://localnews.ai/article/a-big-change-for-the-lakers-b42e6a60
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