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💣 The $10 Billion Question: Why Is the Lakers’ Power Boss Suddenly Selling It All?.P1

October 16, 2025 by Phuong Nguyen Leave a Comment

💥 BREAKING: Lakers to Be Sold in Record-Shattering $10 Billion Deal — A New Era Begins in Los Angeles

It’s official — and it’s shaking the entire sports world. In what’s being called the biggest sale in professional sports history, the Buss family has announced plans to sell a major stake in the Los Angeles Lakers to Mark Walter, the billionaire owner of the Los Angeles Dodgers, in a deal valued at a staggering $10 billion.

The announcement came Wednesday in Los Angeles, and the shockwaves were immediate. The Lakers — a team synonymous with Hollywood glamour, championship glory, and a global fanbase — will soon see one of its most defining transitions in decades. Sources close to the deal confirm that Walter, already a minority stakeholder, will now move toward majority control, reshaping the power structure behind one of the most iconic brands in sports.

Mark Walter, who also serves as the CEO of TWG Global, already controls a significant share of Los Angeles sports, including the Dodgers and the WNBA’s Sparks. This acquisition places him in a near-unprecedented position of influence — essentially owning the city’s most powerful sports franchises. Analysts say this move could redefine how elite sports ownership operates, blurring the lines between competition, collaboration, and corporate strategy.

But not everyone is celebrating. Within the Lakers organization, sources describe a mix of excitement and unease. “It’s a historic moment, yes — but also a crossroads,” one insider told ESPN anonymously. “When the Buss family steps back, it’s not just a business move. It’s the end of an era.”

LA Lakers owner Jeanie Buss agrees to sell NBA team for $10 BILLION in  shock announcement

Indeed, the Buss family name has been tied to the Lakers since Dr. Jerry Buss purchased the team in 1979, building a legacy defined by Magic Johnson, Kobe Bryant, Shaquille O’Neal, and now LeBron James. Jeanie Buss, who took over after her father’s passing, became one of the most respected owners in modern sports — a leader who combined business savvy with personal loyalty to the purple and gold.

Now, as negotiations progress, questions loom over what this change truly means for the team’s future. Will Walter prioritize profitability over legacy? Will the Lakers’ family-driven culture be replaced by a corporate machine?

Fans have already taken to social media, with reactions ranging from disbelief to cautious optimism. “Ten billion dollars? That’s insane — but the Lakers aren’t just a team, they’re a global brand,” one fan wrote. Others worry the sale could fracture the very identity that made the Lakers great — the showtime flair, the star-driven culture, the Buss family touch that kept basketball personal in a billion-dollar world.

Still, if there’s one thing certain about this deal, it’s that the Lakers will never be the same again. A record-breaking sale. A new owner with deep pockets and even deeper ambition. And a fanbase holding its breath as Los Angeles’ most storied franchise steps into uncharted territory.

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