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Lakers Owner Mark Walter Suddenly Sells Team Amid Federal Investigation

Defector 12 August 2026 Yesterday
Lakers Owner Mark Walter Suddenly Sells Team Amid Federal Investigation
58
Relevance
3/25
Freshness
21/25
Authority
18/20
Brand Signal
6/15
Depth
10/15
Relevance Freshness Authority Brand Depth
Out of nowhere, and after only a few short days of negotiations, Joshua Kushner and Bob Iger have agreed to buy the Los Angeles Lakers from Mark Walter for a reported record price of $12.5 billion. Every part of that sentence is wild, especially given the recent financial maneuverings of Walter and Kushner. Let's start with Walter, who bought the Lakers in June 2025 for $10 billion. Walter also ow
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