AA-Sport > Basketball > Selling the team for tens of billions! Lakers official: Mark Walter officially acquires the team with a majority stake
Selling the team for tens of billions! Lakers official: Mark Walter officially acquires the team with a majority stake

October 31st Today, the Lakers officially announced that after unanimous approval by the NBA Board of Directors, Mark Walter officially purchased the team with a majority stake.
Walter said: "There are few teams with such a glorious legacy and global influence as the Lakers, and it is an honor to work with Jeanie Buss. We will continue to maintain this excellence and set a new standard of success on and off the court."
Jeanie Buss said: "I have grown to know Mark better over the past decade. ——First a business partner, then a close friend, and now a colleague. He has shown his determination to bring a championship to Los Angeles. On behalf of Lakers fans around the world, I am extremely excited about our brilliant future."
According to previous reports by Shams, the value of Walter's acquisition of the Lakers is approximately US$10 billion! Will set a global professional sports team record!
Jerry Buss bought the Los Angeles Lakers from Jack Kent Cooke in 1979 for $67.5 million. After his death in 2013, management of the team was passed to his children. In addition, Jenny Buss will still serve as the team's manager for at least the next five years.
Related news → Walter’s acquisition of the Lakers was valued at US$10 billion, setting a record for a professional sports team
Shams: The Buss family will sell a majority stake in the Lakers. Jenny will continue to manage the team
Witness history! NBA Board of Governors approves Walter's acquisition of the Lakers! The transaction valuation is approximately 10 billion!
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