Lakers owners Buss family sell majority stake at $10 billion valuation
On Saturday, April 19, 2025, Jeanie Busss, owner of Los Angeles Lakers and Jay Mohr before the NBA Basketball match between the Minnesota Timberwolves in Los Angeles Lakers and Los Angeles in Los Angeles.
Keith Birmingham | Medianews Group | PASADENA STAR-NEWS | Getty Images
The Buss family agreed to sell the majority stake of Los Angeles Lakers to businessman Mark Walter and value 10 billion dollars to the team, according to people with knowledge of terms.
Sales will be a new record for NBA values. Crypto.com starring Lakers belongs to Arena AEG and is not included in the agreement.
CNBC’s latest official NBA team values, Lakers third in the league as $ 7 billion.
“Mark Walter is an agreement to obtain additional interests to the Los Angeles Lakers, where the NBA has been stakeholder since 2021,” Walter said in a statement to CNBC. He said.
The Lakers did not respond immediately to the request for comments.
As part of the agreement, Jeanie Buss will maintain the minority stake in his team since his family bought Franchise in 1979 for $ 67.5 million. In addition, the governor will protect his seat.
Walter is the CEO and founding partner of Guggenheim Partners and is not new with sports ownership. MLB’s Los Angeles Dodgers is the majority of WNBA’s upcoming Formula 1 team of Sparks and Cadillac. Also the professional female hockey league owner.
Walter’s business partner, former Lakers legend Earvin “Magic” Johnson, a process The shipment to x.
“My sister Jeanie Buklar has done a good job because she chose the right person to make an incredible agreement with my sister Jeanie Buss and maintain the Lakers heritage and winning,” Johnson said. He said. “Mark Walter will be the best caregiver of the Laker brand.”
The league has increased rapidly since the last time it completed the latest media rights agreement worth $ 77 billion for 11 years.
In March, Boston Celtics broke a record of $ 6.1 billion at the time of Private Capital Manager Bill Chisholm.
Celtics and Lakers are unquestionably two of the most Marquee franchisees in the NBA.
In February, Lakers bought Dallas Mavericks Superstar Luka Doncic to meet with LeBron James.
Lakers finished the 2025 season as a seed number 3 with a record of 50-32 at the Western Conference.
During this period, Lakers has won 11 NBA championships since he seized most of any NBA franchisees.
– Michael Ozanian from CNBC contributed to this report.
