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Mark Walter is the majority owner Los Angeles Lakers After nba The Board of Governors approved the purchase of the controlling stake from the Busse family.
The Lakers and the league confirmed the next steps in the transaction on Thursday, which is expected to close shortly. The sale of the NBA’s most valuable franchise was initially announced in June.
The team said that under the agreement, Jenny Buss will remain a governor of the Lakers for at least the next five years and will oversee day-to-day operations “for the foreseeable future.” His father, Jerry Buss, purchased the Lakers in 1979.
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AP NBA: https://apnews.com/NBA