• Latest
Lakers Set for Record-Breaking Sale to Billionaire Mark Walter

Lakers Set for Record-Breaking Sale to Billionaire Mark Walter

3 weeks ago
Natuhereza Banking on Friendly Matches to Fine-Tune Squad

Natuhereza Banking on Friendly Matches to Fine-Tune Squad

52 minutes ago
AC Milan vs. Como: Serie A Announce Plans to Host Game Outside Italy

AC Milan vs. Como: Serie A Announce Plans to Host Game Outside Italy

58 minutes ago
Mark Yallah Eyes Goals, Glory and History at Vipers

Mark Yallah Eyes Goals, Glory and History at Vipers

1 hour ago
Tottenham Eye Morgan Gibbs-White

Tottenham Eye Morgan Gibbs-White

1 hour ago
FUFA President Hails Denis Onyango’s Role in Uganda Cranes CHAN Preparations

FUFA President Hails Denis Onyango’s Role in Uganda Cranes CHAN Preparations

1 hour ago
President Trump to Attend Club World Cup Final

FIFA Opens Office in Trump Tower

1 hour ago
One Ugandan Out, Another In, Ugandan Trio Restored at APR

One Ugandan Out, Another In, Ugandan Trio Restored at APR

5 hours ago
Reports: Booker Commits Long-Term to Suns Amidst Offseason Shake-Up

Reports: Booker Commits Long-Term to Suns Amidst Offseason Shake-Up

5 hours ago
Ugandan Star, Sibbick Switches From Wigan to Burton Albion

Ugandan Star, Sibbick Switches From Wigan to Burton Albion

5 hours ago
Verstappen Reacts to Horner’s Red Bull Exit

Verstappen Reacts to Horner’s Red Bull Exit

5 hours ago
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Thursday, July 10, 2025
  • Home
  • Football
  • Rugby
  • Basketball
  • Athletics
  • Boxing
  • Golf
  • Netball
  • Cricket
  • Motorsport
No Result
View All Result
NBS Sport
  • Home
  • Football
  • Rugby
  • Basketball
  • Athletics
  • Boxing
  • Golf
  • Netball
  • Cricket
  • Motorsport
No Result
View All Result
NBS Sport
No Result
View All Result
Home Basketball

Lakers Set for Record-Breaking Sale to Billionaire Mark Walter

NBS Sport Admin by NBS Sport Admin
June 19, 2025
in Basketball
0 0
0
Lakers Set for Record-Breaking Sale to Billionaire Mark Walter

The Los Angeles Lakers are being sold in a historic deal reportedly worth an estimated $10 billion, making it the most expensive sale of a US sports team ever.

Billionaire financier Mark Walter, CEO of TWG Global, is set to acquire the majority stake from the Buss family, who have owned the iconic NBA franchise since 1979.

RelatedPosts

Natuhereza Banking on Friendly Matches to Fine-Tune Squad

Reports: Booker Commits Long-Term to Suns Amidst Offseason Shake-Up

Zama Returns Inspired, Eyes Bigger Impact at Afrobasket

Walter, who also controls the World Series champion Los Angeles Dodgers, was already a co-owner of the Lakers with a 20% stake.

He has diverse global sports investments, including Chelsea Football Club and the Cadillac Formula 1 Team.

Under Buss family ownership, the Lakers won 11 NBA championships and appeared in 17 NBA Finals. Jeanie Buss, who has served as the team’s governor since 2013, is expected to retain her position under the new ownership.

Lakers legend Magic Johnson praised the sale, highlighting Walter’s success with the Dodgers as a positive sign for the Lakers’ future.

“She’s witnessed him build a winning team with the Dodgers and knows that Mark will do right by the Lakers team, organization, and fans!” Johnson posted on X.

Tags: NBA
ShareTweetSendSendShare
Next Post
NBS Sport Holds Successful Inaugural State of Ugandan Sport Symposium

NBS Sport Holds Successful Inaugural State of Ugandan Sport Symposium

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Connect with us

  • 87.1k Followers
  • 23.9k Followers
  • Trending
  • Comments
  • Latest
FIFA Bans Uganda Cranes Captain’s Club

FIFA Bans Uganda Cranes Captain’s Club

November 12, 2024
AFCON 2025 Q: Why Onana Left Namboole Before The Rest Of His Teammates

AFCON 2025 Q: Why Onana Left Namboole Before The Rest Of His Teammates

September 11, 2024
Florentino Perez Singles Out Uganda in Ballon d’Or Voting Criticism

Florentino Perez Singles Out Uganda in Ballon d’Or Voting Criticism

November 24, 2024
Uganda Among 62 Nations Yet to Have a Capped Player in the English Premier League

Uganda Among 62 Nations Yet to Have a Capped Player in the English Premier League

January 29, 2025
Uganda, Kenya, and Tanzania to Co-Host CHAN 2024 in February 2025

Uganda, Kenya, and Tanzania to Co-Host CHAN 2024 in February 2025

8
FUFA Strips KCCA of Points, Suspends Referee Over Rule Violations

FUFA Strips KCCA of Points, Suspends Referee Over Rule Violations

3
CHAN 2024: CAF Unveils New Trophy and Logo Ahead of Draw

Groups Announced for CHAN 2024

3
Rugby Cranes’ Ivan Magomu Suspended, Stripped of Captaincy Following Disciplinary Hearing

Rugby Cranes’ Ivan Magomu Suspended, Stripped of Captaincy Following Disciplinary Hearing

2
Natuhereza Banking on Friendly Matches to Fine-Tune Squad

Natuhereza Banking on Friendly Matches to Fine-Tune Squad

July 10, 2025
AC Milan vs. Como: Serie A Announce Plans to Host Game Outside Italy

AC Milan vs. Como: Serie A Announce Plans to Host Game Outside Italy

July 10, 2025
Mark Yallah Eyes Goals, Glory and History at Vipers

Mark Yallah Eyes Goals, Glory and History at Vipers

July 10, 2025
Tottenham Eye Morgan Gibbs-White

Tottenham Eye Morgan Gibbs-White

July 10, 2025

Recommended

Natuhereza Banking on Friendly Matches to Fine-Tune Squad

Natuhereza Banking on Friendly Matches to Fine-Tune Squad

July 10, 2025
AC Milan vs. Como: Serie A Announce Plans to Host Game Outside Italy

AC Milan vs. Como: Serie A Announce Plans to Host Game Outside Italy

July 10, 2025
Mark Yallah Eyes Goals, Glory and History at Vipers

Mark Yallah Eyes Goals, Glory and History at Vipers

July 10, 2025
Tottenham Eye Morgan Gibbs-White

Tottenham Eye Morgan Gibbs-White

July 10, 2025
NBS Sport

© 2022 NBS Sport - Developed and maintained by Hillcom EA.

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Football
  • Rugby
  • Basketball
  • Athletics
  • Boxing
  • Golf
  • Netball
  • Cricket
  • Motorsport

© 2022 NBS Sport - Developed and maintained by Hillcom EA.