The majority owner of the Los Angeles Lakers is currently Mark Walter, a billionaire businessman who also has majority stakes in the Los Angeles Dodgers and the Los Angeles Sparks. Walter bought the Lakers from the Buss family in October 2025 at a $10 billion valuation, a record price for a U.S. professional sports team. However, less than a year later, in August 2026, Walter agreed to sell the Lakers to Bob Iger, a former CEO of the Disney Company, and Joshua Kushner, founder of the venture capital firm Thrive Capital. The pair reportedly agreed to buy out Walter’s majority stake in a deal that valued the team at $12.5 billion.
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