Buss Family Sells Majority Stake in Los Angeles Lakers for $10 Billion:

In a seismic move for professional sports, the Buss family has agreed to sell their majority stake approximately 66% in the Los Angeles Lakers to Guggenheim Partners CEO Mark Walter, valuing the franchise at an astounding $10 billion.

This surpasses the previous record set by the Boston Celtics’ sale earlier this year and becomes the most expensive transaction for any U.S. pro sports team.

The Buss family has led the Lakers since 1979, when visionary owner Jerry Buss purchased the team for just $67.5 million. Under their leadership, the franchise captured 11 NBA championships and cemented its place in basketball history.

After Jerry’s passing, Jeanie Buss stepped in as team governor a role she will continue to hold following the sale. With a retained minority stake of just over 15%, Jeanie ensures a steady hand remains at the helm during this monumental transition.

Walter, who first entered the Lakers’ ownership circle in 2021 with a minority purchase, now consolidates his position as the franchise’s controlling owner.

Already a fixture in professional sports owning the Dodgers, Sparks, and stakes in Chelsea FC and a Formula 1 team Walter brings a successful track record in leading championship-winning teams.

Jeanie Buss’s retention as team governor was a key condition of the deal, underscoring the importance of leadership stability. NBA regulations also require a minimum 15% equity stake to qualify for the governor role.

The finalization of this deal hinges on approval by the NBA Board of Governors, but it is expected to close imminently

$10 billion record-breaking valuation:

By an unprecedented $ 10 billion valuation, the Los Angeles Lakers’ recent sale symbolized a new standard in professional sports. This deal not only gained attention due to its size, but it also shows the unrivaled worldwide popularity of the most recognizable basketball team.

The Los Angeles Lakers have represented quality, tradition, and star power for many years; they are more than just a team.

The club has shown an image that spans generations, from current superstars to icons like Magic Johnson and Kobe Bryant.

The investor understands that the record price tag is a result of this legacy. With wins, few sports clubs in the world can match the Los Angeles Lakers’ enormous commercial potential, global branding, and devoted fan base.

This landmark $10 billion appraisal shows how sports teams are still rising in the current international market

Sports Franchise Valuation 2025:

The way teams are perceived as worldwide assets is changing in 2025 as a result of record-breaking brand values in the professional sports industry.

With their astounding $10 billion valuation, the Los Angeles Lakers stood out among the biggest stories and established a new standard for the sector.

This significant event emphasizes how important media rights, global fan bases, and brand power are becoming. The Los Angeles Lakers are a perfect instance of how a sports club can go beyond the game itself to become a global corporate symbol, given their decades-long championship history and widespread popularity

Experts think that such high values reflect not just on-court presentation expertise but also the ability to drive sponsorships, media delays, and commercial sales.

Investing in the Los Angeles Lakers is more than simply basketball for investors; it is a way to own a piece of one of the most valuable entertainment companies internationally.

Mark Walter, Lakers Owner:

Mark Walter has formerly stepped into the spotlight, emphasized as the controlling owner of the Lakers, pointing to a new era for the organization.

Known for his management as CEO of Guggenheim Partners, Walter is no outsider to the athletics planet. The Los Angeles Dodgers, the spark, and even foreign investment in Chelsea FC and Formula 1 are already part of his portfolio. Showing his board impact in the sports world.

His appointment as the Lakers’ main owner represents firmness and ambition. Based on his past presentation, Walter appears to value both boosting long-term business victory and creating teams capable of winning championships.

Both basketball fans and professionals are interested in how his ideas can mold one of the game’s most legendary teams.

Mark Walter is well-positioned to principal the Lakers into their next stage by fusing his wealth with his love of sports, making sure the team stays competitive on the court and in the economic world.