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Tuesday, 1 July 2025
Basketball

Buss family agrees to sell Lakers to Mark Walter at $10B valuation

Buss family agrees to sell Lakers to Mark Walter at B valuation

BUSS family is entering an agreement to sell the ownership of the majority Los Angeles Lakers To mark Walter in a $ 10 billion franchise valuation, sources told ESPN.

It will mark American professional games biggest sales Team all-time.

Sources said that Jenny will continue working in his role as Bush Governor.

Walter, CEO and Chairman of Miscellaneous Holding Company TWG Global, is interested in many professional sports organizations, including Los angeles doors, Los angeles sparksBilly Jean Cup, Cadilac Formula 1 Team and Professional Women’s Hockey League.

Lanses is owned by the Bus family since 1979, when Jerry Bush bought a franchise in a $ 67.5 million transaction from Jack Kent Cook. Los angeles kings And Los Angeles Forum. Since 1980, Lakes has won 11 championships, the highest by any NBA team during that period.

When he died in 2013, Laks passed the children’s children, and his daughter Jenny has worked as a Governor of Laks.

Walter has been a stakeholder in 2021, when he also got the right to refuse most of the team.

Prior to the adjacent sales, two close confidants of Jenny Boos in the NBA Governors community agreed to sell for their teams in the last two years: Mark Cuban sold a majority stake. Dallas Maverrix For $ 3.5 billion, while WYC GRUSBECK sold Boston Celtics For $ 6.1 billion

Ramona Shelburn and Dave McMenmin and ESPN Research of ESPN contributed to the report.

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