Buss family to sell controlling stake in NBA's Lakers to Mark Walter at $10B valuation

Big news in the sports world. The Bus family agreeing to sell majority ownership of the Los Angeles Lakers to LA Dodgers owner Mark Walter for a franchise valuation of about $10 billion, which would be the highest price tag ever for a US professional sports team. Walter is CEO of TWWG Global and financial services giant Guggenheim Partners is part of a group that bought 27% in 2021.Reports say the bus family will still own at least 15% of the team for a period of time. our senior sports corporian here at Po ...