New ownership dedicated to furthering the Lakers’ legacy of excellence while expanding its positive impact in innovation and community

LOS ANGELES – Following unanimous approval from the NBA Board of Governors, Mark Walter has finalized his acquisition of a majority stake in the Los Angeles Lakers.

“The Los Angeles Lakers are one of the most iconic franchises in all of sports, defined by a history of excellence and the relentless pursuit of greatness,” Walter said. “Few teams carry the legacy and global influence of the Lakers, and it’s a privilege to work alongside Jeanie Buss as we maintain that excellence and set the standard for success in this new era, both on and off the court.”

Jeanie Buss will remain Governor of the Los Angeles Lakers and continue to oversee day-to-day team oper

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