Dodgers Owner Mark Walter The Los Angeles Lakers have just added another iconic team to his portfolio. Billionaire businessmen and investors are used to major league franchises and have already played a key role in reshaping the Dodgers. Now his latest move to the NBA is turning his head.
“Mark Walter has signed a deal to win additional benefits for the NBA’s Los Angeles Lakers. He has been a stakeholder since 2021,” the spokesman said. Athletic.
The sale is not yet confirmed, but here’s what you need to know about Walter, his net worth and more.
Who is Mark Walter?
Walter, 65, is an American investor and sports entrepreneur and best known as CEO and chairman of Guggenheim Partners (now TWG Global). He is a major force in professional sports ownership and plays a key role in the Dodgers in Los Angeles, Sparks in the WNBA, Chelsea FC and Andretti Global.
What is Mark Walter’s net worth?
Walter’s net worth is estimated at $6.1 billion. Forbes.
How much is the Lakers worth right now?
Following its latest sales, the Lakers are valued at around $10 billion, making the team the most expensive US sports franchise to date in terms of sales prices. October 2024, Forbes The Lakers were ranked as the third most valuable NBA team, with a valuation of $7.1 billion.
How much did Mark Walter pay to buy the Lakers?
Pending sales were first reported ESPN June 2025 is considered a record deal. Walter has acquired a majority stake in the Los Angeles Lakers in a deal worth $10 billion. He previously owned about 20% of the team since 2021, but he recognized the first iteration right to future sales, ultimately paving the way for this blockbuster.
NBA legend Magic Johnson He praised the move on social media, saying, “Laker fans should be ec. There are a few things you can talk about Mark – he’s driven to win, excellence and do everything the right way. And he puts in the resources he needs to win. I’m happy and excited to Lakers fans all over the world!!!”
