The historic $10 billion ownership transfer of the Los Angeles Lakers has set a new record for the most expensive sale of a professional sports team in history. The Buss family, led by Jeanie Buss, will continue to be involved with the franchise as governor.
Mark Walter, who also serves as chairman and controlling owner of the Los Angeles Dodgers, has made the blockbuster deal to take majority ownership of the Lakers. Luka Dončić, a top star player for the team, expressed his excitement about the future under new leadership. The 26-year-old five-time All-Star praised the organization, saying he’s looking forward to meeting with Walter and working together to win championships.
The sale price surpasses the previous record of $6.1 billion set by the Boston Celtics in March 2025. Mark Walter, who has invested heavily in other sports organizations, is expected to bring a new era of success to the Lakers.
Source: https://www.foxbusiness.com/sports/lakers-star-luka-doncic-speaks-historic-10-billion-ownership-transfer-excited-about-future