https://www.espn.com/nba/story/_/id/455 ... ources-say
Shams Charania
Jun 18, 2025, 04:49 PM ET
The Buss family is entering into an agreement to sell majority ownership of the Los Angeles Lakers to Mark Walter for a franchise valuation of approximately $10 billion, sources told ESPN on Wednesday, the highest ever for a U.S. professional sports franchise.
The Buss family will keep a minority share of the team, just over 15%, for a period of time, a source said.
In addition, Jeanie Buss will remain the Lakers' governor and continue to run the team for "at least a number of years," sources with knowledge of the deal told ESPN's Ramona Shelburne. It was guaranteed as part of the agreement that Buss would remain in charge for the foreseeable future, and Walter fully endorsed this plan, according to sources.