Dodgers proprietor Mark Walter simply added one other iconic workforce to his portfolio: the Los Angeles Lakers. The billionaire businessman and investor is not any stranger to main league franchises, having already performed a key function in reshaping the Dodgers. Now, his newest transfer into the NBA is popping heads.
“Mark Walter is getting into into an settlement to accumulate extra pursuits within the NBA’s Los Angeles Lakers, of which he has been a stakeholder since 2021,” a spokesperson instructed The Athletic.
Whereas the sale isn’t but finalized, right here’s what to find out about Walter, his internet value, and extra beneath.
Who Is Mark Walter?
Walter, 65, is an American investor and sports activities entrepreneur, greatest often called CEO and chairman of Guggenheim Companions (now TWG International). He’s a serious power in skilled sports activities possession, holding key roles with the Los Angeles Dodgers, WNBA’s Sparks, Chelsea FC, and Andretti International—now bolstered by main the brand new period of the Los Angeles Lakers.
What’s Mark Walter’s Web Price?
Walter’s internet value is an estimated $6.1 billion, in line with Forbes.
How A lot Are the Lakers Price Now?
Following the newest sale, the Lakers are valued at roughly $10 billion, making the workforce the costliest U.S. sports activities franchise ever when it comes to sale value. In October 2024, Forbes ranked the Lakers because the third-most helpful NBA workforce, with a valuation of $7.1 billion.
How A lot Did Mark Walter Pay to Purchase the Lakers?
The pending sale was first reported by ESPN in June 2025 and is taken into account a record-breaking deal. Walter is buying a majority stake within the Los Angeles Lakers in a transaction valued at $10 billion. He beforehand owned roughly 20% of the workforce since 2021, which granted him first-refusal rights on future gross sales, finally paving the best way for this blockbuster deal.
NBA legend Magic Johnson praised the transfer on social media, writing, “Laker followers ought to be ecstatic. A couple of issues I can inform you about Mark — he’s pushed by successful, excellence, and doing every little thing the suitable manner. AND he’ll put within the assets wanted to win! I can perceive why Jeanie bought the workforce to Mark Walter as a result of they’re simply alike — they’re aggressive folks, have massive hearts, love to provide again, and each favor to be behind the scenes. This makes all of the sense on this planet. I’m so so SO joyful and excited for Lakers followers everywhere in the world!!”
