Buss family agrees to sell Lakers to Mark Walter in bombshell $10 billion deal


The Lakers are getting a new owner. 

The Buss family is entering an agreement to sell its majority stake for approximately $10 billion in the historic franchise to Mark Walter, a businessman who is also the primary owner of the Dodgers, ESPN’s Shams Charania reported Wednesday.

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Lakers president and controlling owner Jeanie Buss, attends a game between the Lakers and the Bucks at Crypto.com Arena in Los Angeles Thursday, March 20, 2025.
Lakers president and controlling owner Jeanie Buss, attends a game between the Lakers and the Bucks at Crypto.com Arena in Los Angeles Thursday, March 20, 2025. Los Angeles Times via Getty Imag

Mike Milken clapping.
Mark Walter bought the Lakers Wednesday. AFP via Getty Images

Jeanie Buss will remain in her position as the franchise’s governor after the sale, Charania added. 

This is a developing story


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