Mark Walter (Los Angeles Lakers)
October 2025

NBA governors unanimously approved sale of a majority stake in the Los Angeles Lakers to Mark Walter. The Buss family retains an interest; Jeanie Buss stays Governor for at least five years. Adam Silver praised Walter’s long association and thanked the Buss family for decades of stewardship and championships won. Transition preserves continuity while injecting fresh capital and governance. Walter’s multi-team experience should professionalise operations without disrupting brand equity. Expect steady front-office support, arena and fan-experience upgrades, and methodical cap planning. Jeanie Buss’s continuing role bridges eras, easing stakeholder concerns during the ownership handover and strategic planning horizon for Los.