Mark Walter will become the owner of the Los Angeles Lakers for $ 10 billion
19 june 2025 в 17:37
Walter, 65 years old, is an American investor and sports entrepreneur, best known as the CEO and chairman of Guggenheim Partners (now TWG Global). He is a key player in the ownership of professional sports teams, holding key positions in the Los Angeles Dodgers, Sparks WNBA, Chelsea FC, and Andretti Global, now reinforced by leading the new era of the Los Angeles Lakers.
According to Forbes magazine, Walter’s net worth is estimated at approximately $ 6.1 billion.
After the recent sale, the Lakers are valued at around $ 10 billion, making the team the most expensive sports franchise in the US by sale price. In October 2024, Forbes magazine ranked the Lakers as the third most valuable NBA team, with an estimated value of $ 7.1 billion.
The sale was first reported by ESPN in June 2025 and is considered a record deal. Walter acquires a controlling stake in the Los Angeles Lakers for $ 10 billion. Previously, he owned approximately 20% of the team since 2021, giving him the right of first refusal in future sales, ultimately paving the way for this major deal.
NBA legend Magic Johnson praised this move on social media, writing: «Lakers fans must be thrilled. A few things I can say about Mark — he’s driven by winning, excellence, and does everything right. And he will invest the necessary resources to win! I understand why Jeanie sold the team to Mark Walter, because they are very similar — they are competitive people, with big hearts, love to give back, and prefer to stay behind the scenes. It makes sense. I am so happy and excited for Lakers fans all over the world!!»
According to Forbes magazine, Walter’s net worth is estimated at approximately $ 6.1 billion.
After the recent sale, the Lakers are valued at around $ 10 billion, making the team the most expensive sports franchise in the US by sale price. In October 2024, Forbes magazine ranked the Lakers as the third most valuable NBA team, with an estimated value of $ 7.1 billion.
The sale was first reported by ESPN in June 2025 and is considered a record deal. Walter acquires a controlling stake in the Los Angeles Lakers for $ 10 billion. Previously, he owned approximately 20% of the team since 2021, giving him the right of first refusal in future sales, ultimately paving the way for this major deal.
NBA legend Magic Johnson praised this move on social media, writing: «Lakers fans must be thrilled. A few things I can say about Mark — he’s driven by winning, excellence, and does everything right. And he will invest the necessary resources to win! I understand why Jeanie sold the team to Mark Walter, because they are very similar — they are competitive people, with big hearts, love to give back, and prefer to stay behind the scenes. It makes sense. I am so happy and excited for Lakers fans all over the world!!»
© Artemenko Olga
