Mark Walter owns the majority of the Los Angeles Lakers. The Buss family agreed to sell the controlling stake in 2025, and the NBA later approved the sale; Jeanie Buss kept a minority interest and remained governor for a period of time.

What that means

  • The Lakers were controlled by the Buss family from 1979 until the majority sale.
  • Mark Walter is the new majority owner.
  • The Buss family still retains a minority stake.

Quick context

The deal was reported at about a $10 billion valuation, making it one of the biggest team sales ever.