In a monumental shift for one of the most iconic franchises in sports history, the Buss family has decided to sell a majority ownership stake of the Los Angeles Lakers. This decision marks the first time in several decades that a significant portion of the team’s ownership is changing hands. The move has garnered significant attention and sparked a wave of reactions from fans, players, and the broader NBA community.
According to reports, the majority stake of the Lakers is being sold to Mark Walter, a prominent figure in the sports business world. Walter is known for his involvement in Guggenheim Partners, which owns the Los Angeles Dodgers. The sale of the Lakers’ ownership stake is seen as a strategic move that could potentially reshape the future of the franchise.
NBA Twitter has been abuzz with reactions to the news, with many Lakers fans expressing optimism about the change in ownership. The Buss family has long been associated with the Lakers, and the sale of a majority stake represents a significant shift in the team’s ownership structure. Fans are hopeful that this move could bring new energy and resources to the franchise, potentially leading to a resurgence in the team’s performance on the court.
Notable NBA players have also weighed in on the sale of the Lakers’ ownership stake. Luka Doncic, a rising star in the league, took to social media to share his thoughts on the reported sale. Doncic’s reaction underscores the impact of the news not only on the Lakers organization but also on the broader NBA landscape. The sale of a majority stake in one of the league’s most storied franchises is a momentous event that is sure to have ripple effects across the basketball world.
The sale of the Lakers’ ownership stake has also garnered attention from league-wide observers. The franchise has a rich history of success, but in recent years, they have faced challenges both on and off the court. The change in ownership presents a unique opportunity for the Lakers to revitalize their operations and accelerate their pursuit of another championship. The sale of a majority stake signifies a new chapter for the Lakers, one that could potentially reshape their trajectory in the NBA.
In a related development, NBA star Kevin Durant has also made waves in the sports business world by purchasing a minority stake in Paris Saint-Germain, the reigning European champions. Durant’s investment in the soccer club further highlights the growing crossover between basketball and football, as top athletes look to expand their portfolios and explore new opportunities in the global sports market.
As the sports world continues to evolve, the sale of the Lakers’ ownership stake and Durant’s investment in PSG underscore the dynamic nature of the industry. These moves reflect a broader trend of athletes and investors seeking to diversify their interests and leverage their influence in new and innovative ways. The impact of these developments will be closely watched as they unfold, shaping the future landscape of sports business and competition.
References:
– https://lebronwire.usatoday.com/story/sports/nba/2025/06/18/the-buss-family-is-selling-a-majority-ownership-stake-of-the-lakers/84268605007/
– https://lebronwire.usatoday.com/story/sports/nba/2025/06/19/nba-twitter-reacts-to-the-sale-of-majority-stake-of-lakers/84271709007/
– https://lebronwire.usatoday.com/story/sports/nba/2025/06/19/luka-doncic-reacts-on-social-media-to-sale-of-lakers/84279955007/
– https://www.espn.com/nba/story/_/id/45540022/the-lakers-run-real-business-league-wide-reaction-stunning-buss-family-sale
– https://sports.yahoo.com/article/nba-star-durant-takes-minority-152201203.html
– https://www.espn.com/soccer/story/_/id/45551409/nba-kevin-durant-buys-minority-stake-psg-qsi-partner
