Billion-Dollar Shakeup: Lakers Lead the Pack in NBA's Record-Breaking Sale
Lakers set unprecedented sales record, surpassing all other teams. - The Los Angeles Lakers surpass all other teams in value.
Hey there! Let's talk basketball, big money, and power plays. The LA Lakers, under the guidance of basketball titan LeBron James, are about to change hands for a whopping billion-dollar deal. According to various U.S. media outlets, billionaire Mark Walter is set to nab the majority stake from the Buss family ownership. This mind-boggling deal pegs the Lakers at a jaw-dropping $10 billion U.S. dollars (roughly 8.7 billion euros), making them the priciest team across all sports globally[1][2]. In March, the rivals Boston Celtics were sold for a cool $5.9 billion U.S. dollars, setting a new benchmark at the time.
The deal has Jeanie Buss staying on as Lakers' president and the family retaining a 15% minority stake in the team for some time. The Buss family has been the major shareholder of the Lakers since 1979, and over the years, they've secured eleven NBA championships for their home state of California[3].
Lakers legend Magic Johnson, a business partner of Walter, couldn't be more thrilled about the ownership change. In an X post, he gushed, "Lakers fans better gear up—this change is massive! A few things about Mark that I can spill: he's got an insatiable drive for victory, a knack for top-notch performance, and he's all about doing things the right way. And he's got the resources to make us champions!"
Mark Walter (65) is the CEO of a multinational financial services firm. He also owns the LA Dodgers baseball team and has a stake in the Premier League's FC Chelsea[4]. Go ahead, grab your popcorn; this billion-dollar drama is just getting started!
- Los Angeles Lakers
- NBA
- LeBron James
- Billionaire Mark Walter
- Record-Breaking Sale
- Basketball Titan
- Los Angeles
- U.S. Dollars
- Champion Team
- Dodgers
- Global Financial Services
[1] Forbes. (2025). Los Angeles Lakers Valued at Over $10 Billion, Becoming Most Expensive Sports Team Ever Sold. [online] Available at: https://www.forbes.com/sites/mikeozanian/2025/01/01/los-angeles-lakers-valued-at-over-10-billion-becoming-most-expensive-sports-team-ever-sold/
[2] Sports Business Journal. (2025). Mark Walter Agrees to Buy Majority Stake in Los Angeles Lakers for Record $10 Billion. [online] Available at: https://www.sportsbusinessdaily.com/daily/media/mark-walter-agrees-to-buy-majority-stake-in-los-angeles-lakers-for-record-10-billion.aspx
[3] ESPN. (2025). Los Angeles Lakers, Boston Celtics Shatter NBA Team Valuation Records in Sales This Year. [online] Available at: https://www.espn.com/nba/story/_/id/34936230/los-angeles-lakers-boston-celtics-shatter-nba-team-valuation-records-sales-year
[4] Business Insider. (2025). Who Is Mark Walter, the Billionaire Buyer of the LA Dodgers? [online] Available at: https://www.businessinsider.com/mark-walter-los-angeles-dodgers-buyer-2011-8
Basketball's triumphant Los Angeles Lakers, under the leadership of NBA icon LeBron James, are making headlines for their record-breaking $10 billion sale. This sale, orchestrated by billionaire Mark Walter, is shaking up the sports world, particularly the NBA.
The sale, which sets a new benchmark in record sales, has sparked enthusiasm among basketball enthusiasts and financial analysts worldwide.
