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The Independent UK

National

Greg Beacham

Mark Walter finalizes his purchase of a majority stake in the Los Angeles Lakers

Mark Walter Lakers the Los Angeles Lakers NBA The NBA Board of Governors Jeanie Buss Jerry Buss

Lakers Sale - (Copyright 2025 The Associated Press. All rights reserved)

Mark Walter is the majority owner of the Los Angeles Lakers after the NBA Board of Governors approved his purchase of a controlling stake from the Buss family.

The Lakers and the league confirmed the next step Thursday in a transaction that is expected to close shortly. The sale of the NBA’s most valuable franchise was initially announced in June.

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