Los Angeles Laks and Ji Mohar owner Jenny Bus on Saturday, 19 April 2025 before the game of NBA basketball game between the first round NBA basketball game between Los Angeles Laks and Minnesota Timberwells at Crypto.com Erina in Los Angeles.
Keith Birmingham | Mediands Group | Pasadena Star-Newz | Getty images
The BUSS family has agreed to sell the majority stake of Los Angeles to businessman Mark Walter in a deal, which gives the team importance in $ 10 billion, which is according to people with knowledge of conditions.
Sales will mark a new record for NBA evaluation. Crypto.com Arena, where Laks, is owned by AEG and is not included in the deal.
CNBC’s most recent Official NBA team assessment In $ 7 billion, the league was ranked third in the league in terms of value.
A representative of Walter said in a statement to CNBC, “Mark Walter is entering an agreement to achieve additional interests in NBA’s Los Angeles with a stakeholder from 2021.”
Lakes did not immediately respond to the remarks request.
As part of the deal, Jenny Bush will retain a minority stake in the team that he has because his family bought the franchise in 1979 for $ 67.5 million. She will also maintain her governor seat.
Walter is the CEO and co-founder of Gugneim Partners and is not new to sports ownership. He is also the majority owner of MLB’s Los Angeles Dojers, WNBA sparks and Cadilac’s upcoming Formula 1 team. She is also the owner of the professional women’s hockey league.
East Laks veteran Irwin “Magic” Johnson, who is also a professional partner of Walter, praised the transaction Post on X.
Johnson said, “My sister Jenny Bush was well worked to attack an incredible deal and to choose the right person to carry the legacy and tradition of winning,” Johnson said. “Mark Walter is the best option and he would be the best caretaker of the lacker brand.”
NBA assessment has been sky touching since the league is completed The most recent media rights agreement, Price of $ 77 billion in 11 years.
in March, Boston Sail Sold For the then record of $ 6.1 billion for Private Equity Executive Bill Chisholm.
Celtics and buts are certainly the most marki franchises in NBA.
In February, Lakes acquired Dallas Maveryx superstar Luka Donic to form a team with Lebron James.
Laks ended the 2025 season with a record of 50-32 as number 3 seed at the Western Conference.
The highest number of any NBA franchise during that period, but the family has won 11 NBA titles since the family captured.
– Michael Ozanian of CNBC contributed to this report.
