Los Angeles Lakers sold to Mark Walter for record $15 billion!

5 days ago 27
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News comes from Los Angeles that brought the sports public to their feet. The Buss family has decided to sell the majority of shares owned by the most famous NBA club, the Los Angeles Lakers, and the new era will be led by the billionaire and owner of the LA Dodgers baseball team, Mark Walter.

What particularly attracts attention is the price; Walter and the group of investors he gathered will pay the Buss family as much as ten billion dollars for a 66% stake in the club.

This means that the total value of this team is estimated at an incredible 15 billion dollars. For comparison, less than a year earlier, the organization was valued at 6.5 billion.

The story of the Lakers begins in 1979, when the late Jerry Bass bought:

Los Angeles Lakers (NBA)

Los Angeles Kings (NHL)

"Forum" basketball hall

52 square kilometers of land in Nevada

All this for 67.5 million dollars at the time.

During his career, the legendary businessman watched his Lakers reach the finals as many as 16 times in 33 seasons and win 10 titles, missing the playoffs only twice.

New owner: New challenges for everyone!

Almost half a century later, his daughter Jeanie Buss, who removed her brother Jim from the board, made the decision to sell the club for a record sum, the highest ever recorded in American professional sports.

At the same time, their rival, the Boston Celtics, were recently sold for $6.1 billion, further demonstrating how the market for sports franchises is growing rapidly.

The legendary Magic Johnson shared his positive emotions, while the young basketball player Luka Dončić, who recently joined this team, said:

"The Lakers are a great organization. I'm looking forward to getting to know Mark and I'm excited for what the future holds. I'm also grateful to Jeanie and the Buss family for welcoming me to the Lakers, and I'm very happy that Johnny will continue to be involved in the work of the club. I look forward to working with both of them and winning a ring."

This will certainly mark a new chapter in the history of this team that has always had strong ambitions.

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