[Charania] Mark Walter is entering agreement to purchase majority ownership of the Lakers from the Buss family for a valuation of approximately $10 billion, the largest sale of a professional sports franchise in the world, sources tell ESPN.

37 comments

1. Yeah I’d sell too

2. $10 billion 😂

3. Don’t even have a stadium included – jesus

4. Knew it would be a high number, but *damn*

5. Pocket change for a guy like me

6. [Evil Cackles]

7. Holy fuck you money lmao

8. Damnit so the lakers have owners with money now?

9. $10 billion is a lot of money

10. Yeah I get it, fuck the family business lol

11. if every member of r/nba give 560$ we can outbid that

12. damn, barely beat my offer

13. Anyone think Jeannie will still play a role in anything? Or is this one of those almost guaranteed pushes out the door

14. $10 BILLION VALUATION JESUS CHRIST

15. Holy fuck.

16. Paying 2 Billion Up Front, the rest after 10 years.

17. 10 billion damn. Only the Yankees and the Cowboys can get that.

18. Good chunk of change

19. That’s why Jeannie sold, damnnnn

20. Wow. I’m shocked it sold more than the WWE

21. Buss family owns 66% according to google (11% each) – so all of them are liquid billionaires now.

22. Was the entire franchise valued at 10 billion or just the Buss ownership portion (66%)?

23. TEN BILLION LMAOOOO WHAT

24. [deleted]

25. With 9.8 billion deferred 🤯

26. Damn I was gonna try and buy them.

27. Celtics sold for $6 billion and Jeanie said hold this

28. Now we really know why the Lakers got Luka.

29. Lakers $10 Billion >>>>>>>>>>>>> $6 Billion Fuck the Celtics

30. Damn nothing will top this sale unless the Yankees or Cowboys go for sale. Lakers are the premier franchise of the NBA. God damn as a Lakers fan I am so fucking pumped. I was so sick of Jeanie and her “inner circle” making basketball decisions. It’s time to get a real FO and get a real team running the show. It’s not about the spending since in a Salary cap league it doesn’t matter but getting the right people in charge and creating an elite winning environment is what’s so exciting.

31. The most valuable sports team in the world

32. Walter wanted Luka in the deal and the league made it happen

33. Welp time for another Lakers dynasty

34. thanks for taking that deferral, Shohei

35. Gets ready to learn increased ticket prices buddy

36. Did Cuban, the old MN owner, and now the Buss’ see the NBA peaking in value for the short to medium term and decided to cash out?

37. 10 Billion dollars? Man who they think they got, Chelsea Clinton?