Buss Family Reportedly Sells Lakers for $10 Billion Record

The Los Angeles Lakers' majority ownership is reportedly being sold by the Buss family to Mark Walter, controlling owner of the Dodgers, and TWG Global for a record valuation of about $10 billion, making it the highest-priced sale of a professional sports franchise worldwide. Jeanie Buss will remain as the team's governor, indicating continuity amid this historic ownership change. Lakers star Luka Doncic expressed optimism about the future and is eager to work with the new ownership to win championships. Dodgers manager Dave Roberts praised Walter's strong commitment to Los Angeles sports and competitiveness. The sale signals a transition for the Lakers towards a more corporate structure similar to the Dodgers, with expected investments in infrastructure, scouting, and analytics, as noted by L.A. Times analyst Dan Woike. Meanwhile, discussions in the NFL highlight that several teams, notably the Dallas Cowboys, could surpass the Lakers' valuation in the near future due to rising franchise values and private equity involvement.