June 19, 2025
Nba Shocker: Buss Family to Sell Majority Stake in the Lakers in $ 10 Billion Deal thumbnail
Entertainment

Nba Shocker: Buss Family to Sell Majority Stake in the Lakers in $ 10 Billion Deal

In a stunning move, the bussy family has agreed to sell a majority of the los angeles lacers to twg Global CEO Mark Walter in a deal that Values ​​The Team at $ 10 Billion. ESPN NBA INSIDER Shams Characnia, Who Broke The News, Reports That Jeanie Buss Will Continue to Serve As Governic”, – WRITE: www.hollywoodReporter.com

In a stunning move, the bussy family has agreed to sell a majority of the los angeles lacers to twg Global CEO Mark Walter in a deal that Values ​​The Team at $ 10 Billion.

ESPN NBA Insider Shams Characnia, Who Broke The News, Reports That Jeanie Buss Will Continue to Serve As Governic of the Team After The Sale. The governic serves as the representative for the team on the nba’s league of governors.

Walter Also OWns Significant Stakes in the Los Angels Dodgers MLB Team, The Sparks Wnba Team, and Cadillac’s F1 Team, Among Other Assets. The $ 10 Billion Value Is a Record for An Nba Team (The Boston Celtics Sold Earlier Itar for More Than $ 6 Billion), and Substantilly Above What MOST PRIVATE ESTIMATES VALUED.

Walter Is The Primary Owner and Chairman of the Dodgers, whosh HE Acquired for $ 2.2 Billion in 2012. A Finance Execution and Investor, He Is Also The C-FOUNDER OF GUGGGGGENEMEM.

The Lakers Are Among The MOST FAMUS AND ICONIC NBA Teams, with Current Stars Like Lebron James and Luka Doncic, and Legends Like Magic Johnson, Kobe Bryant and (Former Hollywood Reporter Contributor) Kareem Abdul-Jabbar.

The Buss Family Has Owned the Team Since 1979, WHEN JERRY BUSS PURCHASED the Lakers for $ 67.5 Million. Buss Passed Away in 2013.

The Sale Also Comed A Couple of Years After Shark Tank Mogul Mark Cuban Sold A Controlling Stake in the Dallas Mavericks to the Adelson Family, in a Similarly Surpring Deal. The Sales Underscore The Value of Sports, with The Nba’s New Tv Rights Deals Likely Locking in Lucorative Media Revenue for the Next Decade.

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