Mark Walter Sells Lakers for $12.5 Billion, Reportedly Due to NBA Expansion Costs

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13 August 2026 at 5:44 pm

Mark Walter Sells Lakers for $12.5 Billion, Reportedly Due to NBA Expansion Costs

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Summary

Mark Walter reportedly sold the Lakers, valuing the organization at $12.5 billion, due to the increasing cost of an NBA expansion team in Las Vegas.

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