Mark Walter Acquires Majority Stake in Los Angeles Lakers

October 30, 2025

Billionaire investor Mark Walter has completed the acquisition of a majority stake in the Los Angeles Lakers, following unanimous approval from the NBA Board of Governors. Jeanie Buss will remain Governor and oversee day-to-day operations as Walter integrates the franchise into his TWG Global sports portfolio to expand its sports and entertainment platform.

Buyers
Mark Walter, TWG Global
Targets
Los Angeles Lakers
Location
California, United States
Transaction Type
Buyout

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