Los Angeles Lakers, Walter
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Fadeaway World on MSN
The Real Reason Why Mark Walter Sold The Lakers: Billionaire Desperately Needed Cash
Details emerge on how Mark Walter's fraud investigation led to historic Lakers sale.
SB Nation on MSN
Mark Walter may have sold Lakers to help pay down loans currently under federal investigation
The current federal investigation into Mark Walter could have been a factor in his sale of the Lakers.
The NBA world is still coming to terms with the announcement that owner Mark Walter is selling the Lakers for $12. 5 billion.
Sporting News on MSN
Mark Walter investigation, explained: Why suspicious timing of Lakers sale raised eyebrows around NBA
With Walter's abrupt sale of the Lakers for billions in profit, a federal investigation he's connected to has become of further interest.
Aug 13 (Reuters) - Billionaire Mark Walter offered to pledge his equity stake in Guggenheim Partners as part of a broader effort to raise billions of dollars for his insurance companies in recent weeks,
Mark Walter was reported to be selling the Lakers for $12.5 billion on Wednesday. Los Angeles Dodgers owner and chairman Mark Walter made the news when he agreed to sell the Los Angeles Lakers. Walter, 66, agreed to sell the Lakers to Thrive Capital’s ...