Mark Walter Acquires LA Lakers in Record $10 Billion Deal, Jeanie Buss Stays as Governor

In a landmark move, billionaire investor Mark Walter has purchased the majority stake in the Los Angeles Lakers for a record-breaking $10 billion. The sale marks the highest valuation ever for a U.S. sports franchise. Despite the ownership change, Jeanie Buss will continue to serve as the team’s governor, maintaining the Buss family’s leadership legacy. The deal positions the Lakers for expanded global influence under Walter’s diverse sports investment portfolio.