Tag: Jerry Buss
Mark Walter and Lakers say sale of team expected to close later this year
Dodgers controlling owner Mark Walter and Lakers president and controlling owner Jeanie Buss broke their silence Wednesday on a blockbuster deal that shocked many in and outside of the Los Angeles. A news release issued by Walter’s team confirmed his acquisition of majority ownership stake of the Lakers, with the transaction expected to close in…
Los Angeles Lakers sale: Buss family selling majority stake to Dodgers owner Mark Walter, per report
Mark Walter, the owner of the Los Angeles Dodgers, is entering into an agreement to buy majority ownership of the Los Angeles Lakers from the Buss family, according to ESPN. Jeanie Buss will retain her role as the team’s governor after the sale, according to the report. The reported price for the sale valued the team…