top
NBA approves sale of Lakers controlling stake to Mark Walter Idman.biz
31 October 2025, 06:05
- +

NBA approves sale of "Lakers" controlling stake to Mark Walter

The National Basketball Association (NBA) Board of Governors has unanimously approved the sale of the controlling interest in the Los Angeles Lakers to Mark Walter.

İdman.Biz reports this with reference to a statement released by the organization's press service.

"Mark Walter has been associated with our league for many years, serving as a minority owner of the Lakers and majority owner of the WNBA's Sparks for over a decade. As Mark assumes the role of majority owner of the Lakers, he will undoubtedly be a loyal supporter of the team and a great addition to our league, given his many successful projects in business and sports," said NBA Commissioner Adam Silver in a press statement commenting on the board's decision.

According to US media reports, the deal will cost Walter $10 billion, making it the most expensive sale in American professional sports history.

Walter has been a shareholder in the Los Angeles club since 2021. It should be noted that in May 2022, Mark and his partners bought the Chelsea football club.

İdman.Biz

Qarabağ FK

Latest news

Football
Today, 21:58

Noni Madueke named UEFA Champions League Player of the Week

Football
Today, 21:57

"Real" Lost 4 Players Due to Disqualification

Chess
Today, 21:50

Yan Nepomniachtchi and Vladimir Fedoseev became the winners of the XI Vugar Gashimov Memorial in Khankendi

Chess
Today, 21:43

Yan Nepomniachtchi and Vladimir Fedoseev Shared First Place at the XI Vugar Gashimov Memorial

Football
Today, 20:59

Champions League Matchday 6 Team of the Week and standings announced

Olympics
Today, 20:58

Two-Time Olympic Champion Michelle Gisin Suffers Severe Crash During World Cup Preparation

Football
Today, 20:44

Lionel Messi's market value decreased by 3 million euros

Volleyball
Today, 20:29

Azerbaijan Volleyball Higher League Round VI: Results and Postponed Match

Football
Today, 20:28

Jamie Vardy Named Serie A Player of the Month for November

Olympics
Today, 20:14

Results of the first day of the Azerbaijan Swimming Championship announced

Olympics
Today, 20:14

Results of the first day of the Azerbaijan Swimming Championship

Minifootball
Today, 20:01

Futsal Higher League: Results of Round X and Tournament Table

Football
Today, 19:59

AFFA Appeals Arbitration Tribunal Rejected "Lankaran" Club's Complaint Regarding Shahin Agayev

Football
Today, 19:59

Complaint regarding the penalty of "Lankaran" club footballer Shahin Agayev was not satisfied

Olympics
Today, 18:18

Azerbaijan National Paralympic Committee awarded with a letter of gratitude for cooperation in Portugal

Boxing
Today, 18:03

Vugar Alakbarov: Subhan Mammadov and Muhammad Abdullayev have a chance to become world champions

Boxing
Today, 18:03

Vugar Alakbarov: Subhan Mammadov and Muhammad Abdullayev have high chances of becoming world champions

Boxing
Today, 18:03

Vugar Alakbarov: Subhan Mammadov and Muhammad Abdullayev can become world champions

Boxing
Today, 18:03

Vugar Alakbarov: Subhan Mammadov and Muhammad Abdullayev can become world champions for the first time

Football
Today, 15:40

Former Barcelona Player to Become Head Coach of Mexican National Team

Football
Today, 15:40

Mexico national team's head coach will be a former "Barcelona" player

Football
Today, 15:40

Former Barcelona player to coach the Mexican national team

Football
Today, 15:32

Jose Mourinho speaks about the difficulties that the defeat to "Qarabag" created for "Benfica"

Football
Today, 15:32

Jose Mourinho says the defeat to "Qarabag" worsened "Benfica"'s situation in the Champions League

Related news