Walter agreed to purchase the Lakers just 14 months ago from the Buss family for a then-record $10 billion.

The Los Angeles Lakers are changing hands for the second time in less than a year, an extraordinary turn for a franchise once controlled by the same family for nearly half a century. Thrive Capital ...

Dodgers owner Mark Walter is unloading his stake in the Lakers. Will that impact his MLB team?

A little more than a year after agreeing to purchase a majority share of the Lakers, Mark Walter is selling the team.

When an NBA franchise sells, it draws copious attention from both the media and fans. Questions abound about whether, or when, the culture and, more importantly, the roster and management set will ...

CNN reports on Mark Walter selling the Lakers for $12.5 billion to ex-Disney CEO Bob Iger and venture capitalist Joshua Kushner, the brother of President Donald Trump's son-in-law Jared Kushner.