When the Buss family agreed to sell their majority shares of the Los Angeles Lakers to Mark Walter, Jeanie Buss came to an agreement with Walter to remain the Lakers’ governor for at least a five-year period, allowing for her to continue operating in the role she had been.
One of the biggest surprises of the entire NBA offseason was the news that Mark Walter had agreed to sell the Los Angeles Lakers franchise to Josh Kushner and Bob Iger.
NBA commissioner Adam Silver wasn’t particularly stunned by the Lakers’ latest $12.5 billion valuation. He was more surprised that Mark Walter was selling them at all.
In June 2025, Mark Walter purchased majority control of the Los Angeles Lakers from the Buss family for a record $10.0 billion. Now, just a year later, the ownership structure has changed again, with Walter selling the franchise to Josh Kushner and Bob Iger for a whopping $12.5 billion.
Can you name every MLB player to hit at least three home runs in multiple postseasons in eight minutes?
When Mark Walter took over as majority owner of the Los Angeles Lakers, he and president of business operations Lon Rosen were very transparent that season ticket prices would increase moving forward.
The 2026 season has been headlined by young players emerging, but some wily veterans have also had their day. As we head toward the end of the regular season, these 30 players stand out as the biggest surprises on their teams.
The Los Angeles Lakers have been sold twice in the last year-plus, and both for a record amount. First, the Buss family agreed to sell their majority shares to Mark Walter for a $10 billion valuation, which was the most ever for an American professional sports team.
Lakers controlling owner Mark Walter is facing another legal challenge, and two of his most prominent sports properties have been pulled into the discussion.
Mark Walter shocked the sports world earlier this year when it was announced he would be selling his controlling ownership stake in the Los Angeles Lakers to Bob Iger and Josh Kushner.
Los Angeles Dodgers co-owners Todd Boehly and Mark Walter sold their stakes of Chelsea Football Club to Clearlake Capital Group, L.P. (Clearlake). Boehly and Walter purchased stakes in Chelsea FC, a soccer club in the Premier League that is located in Fulham, West London, England, in 2022.
Los Angeles Dodgers owner Mark Walter officially cut one more team from his sports ownership portfolio. The decision came roughly a month after he sold the Lakers for a record-setting $12.5 billion.
The NBA thoroughly vetted Mark Walter before approving his purchase of the Lakers. According to commissioner Adam Silver, the league found nothing that caused concern.
The 2026 season hasn't gone as planned for many MLB players. These 30 players stand out as the biggest disappointments for their respective teams.
On Tuesday, we passed along some of the most noteworthy comments that Adam Silver made at his press conference following this week’s Board of Governors meetings, relaying the NBA commissioner’s remarks on the Clippers’ sanctions, as well as his latest update on potential expansion to Las Vegas and Seattle.
It might be time to hire a new babysitter for the Walter Cup. For the second time this summer, the PWHL’s championship trophy has apparently gone missing.
TWG Global, Mark Walter’s holding company, firmly addressed speculation the Los Angeles Dodgers owner may sell the storied MLB franchise amid ongoing investigations by the U.S.
There is no indication James did anything improper. His spokesperson described the arrangement as a common financial structure for someone with his level of wealth and said a later 2022 transaction received NBA approval.
The Los Angeles Dodgers’ remarkable run of success all began when Mark Walter and his ownership group, Guggenheim Baseball Management, purchased the franchise for a then-record $2.15 billion.
The vultures are officially out amid the latest drama with the Los Angeles Lakers.
The Stanley Cup has a long history of tales, from sitting at the bottom of Ottawa’s Rideau Canal to spending a little too much time in swimming pools and many more vivid stories.
Five of the six Buss siblings want to sell their shares in the Los Angeles Lakers. Jeanie Buss contends they can't do it without her approval.
Jeanie Buss won't remain team governor of the Los Angeles Lakers after all.
The federal investigation surrounding Mark Walter’s business empire is getting more specific. According to The Wall Street Journal, prosecutors and the Securities and Exchange Commission have narrowed their focus to four entities that allegedly served as intermediaries between insurance companies Walter controlled and businesses connected to him.
One knock-on effect from the unexpected sale of the Los Angeles Lakers is what it could mean for the Los Angeles Dodgers.
If the Lakers are worth $12.5B in the summer of 2026, it's hard to imagine that they weren't worth more than $10B one year ago.
United States prosecutors are investigating potential financial improprieties at two insurance companies and Guggenheim Partners, which are both headed by chief executive officer and Los Angeles Dodgers majority owner Mark Walter, according to Bloomberg.
The Los Angeles Dodgers have become Major League Baseball's most polarizing franchise over the past decade.
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