We’re deep within the NBA Finals, and but the Lakers nonetheless handle to seize the headlines. The Buss household agreed to promote the Lakers to Mark Walter for a file value in skilled sports activities franchises of $10 billion. Jerry Buss initially purchased the crew for $67.5 million again in 1979, and his household will get to reap the advantages now.
Mark Walter is famously a part of the Dodgers possession together with Magic Johnson and has turned that franchise from instability to perennial contenders within the baseball universe. There may be a lot to look ahead to with the Lakers’ future however for now, listed below are the preliminary reactions to the franchise being bought:
In 1979, Jerry Buss purchased the Los Angeles Lakers, Los Angeles Kings, The Discussion board, and a 13,000-acre ranch from Jack Kent Cooke for $67.5 million.
In 2025, the Buss household bought majority possession of the Lakers at a $10 billion valuation.
— Arash Markazi (@ArashMarkazi) June 18, 2025
How a lot cash did that Luka commerce make the Buss household?
— Nate Duncan (@NateDuncanNBA) June 18, 2025
Mark Walter and his group run the Dodgers precisely how you’d need any crew run.
-Rent sensible individuals and belief them to do their jobs
-Deal with gamers and their households proper
-Spend cashThis can be a monumental day for the Lakers and NBA as a complete. https://t.co/s6TOV3KXo2
— Daniel Starkand (@DStarkand) June 18, 2025
Relaxation in Peace to the mother and pop run Lakers
— Kirk Henderson (@KirkSeriousFace) June 18, 2025
Lakers and Celtics promoting this shut collectively is fairly nuts
— Daman Rangoola (@damanr) June 18, 2025
Man individuals already hated the Lakers and now now we have cash
— Daman Rangoola (@damanr) June 18, 2025
This sale has been within the works for *years*. The Buss household will get an enormous payout and the Lakers are actually outfitted with the extremely deep pockets which have made the Dodgers into the juggernaut they’re.
This can be a really momentous day for the whole NBA panorama.
— Anthony F. Irwin (@AnthonyIrwinLA) June 18, 2025
A 10b Lakers valuation isn’t stunning in any respect. In 2021, AEG bought its 27% Lakers stake to Walter/Boehly at a 5b valuation. Now they’re getting 66% extra at 2x that quantity from That is Buss. The brand new media deal super-charged the brand new $$. We already knew the growth tag will likely be 6b.
— Invoice Simmons (@BillSimmons) June 18, 2025
Laker followers must be estatic. Just a few issues I can let you know about Mark – he’s pushed by successful, excellence, and doing every part the best means. AND he’ll put within the assets wanted to win! I can perceive why Jeanie bought the crew to Mark Walter as a result of they’re simply alike -…
— Earvin Magic Johnson (@MagicJohnson) June 18, 2025
