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Mark walter is the majority owner of the los angeles lakers after the nba board of governors approved his purchase of a controlling stake from the buss family. The nba board of governors unanimously approved mark walter's bid to buy majority ownership of the lakers, expanding walter's influence on l.a Mark walter is buying the majority ownership of the lakers
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In june 2025, mark walter became the new controlling owner of the lakers after purchasing the majority stake from the buss family in a historic $10 billion deal. The national basketball association’s board of governors unanimously approved billionaire mark walter as the new majority owner of the los angeles lakers. Mark walter reportedly agreed to purchase a majority stake los angeles lakers at a valuation of $10 billion.
After getting league approval, sources told espn that mark walter has closed on the purchase of a majority stake in the lakers at a record valuation of $10 billion.
Mark walter now has majority control of the los angeles lakers after a $10 billion valuation deal, while jeanie buss continues to oversee daily operations as the team’s governor. The buss family has sold its majority ownership of the los angeles lakers to dodgers controlling owner mark walter.