#mark-walter

#mark-walter

Walter bought the Lakers for $10 billion from the Buss family, and with the sale going through, the Dodgers' owner becomes the man for both of the city's biggest teams. Since joining the MLB, Walter has financed and powered the Dodgers into a powerhouse that not only spends more than any team but also efficiently optimizes every part of the organization - from the farm system to the under-the-radar finds.

That continued Monday night with Yoshinobu Yamamoto being on hand at Crypto.com Arena to watch the Los Angeles Lakers play the Phoenix Suns. Yamamoto received a customized No. 18 Lakers jersey and posed for a photo with Rui Hachimura, a fellow native of Japan. Yamamoto also gifted Hachimura an autographed baseball. Then during the game, Yamamoto was shown on the video board and received a nice ovation from the fans in attendance.

The Buss family has agreed to sell the controlling stake of the Los Angeles Lakers to TWG Global CEO Mark Walter for a record valuation of $10 billion.

"The Buss family is entering an agreement to sell majority ownership of the Los Angeles Lakers to Mark Walter, the CEO and chairman of diversified holding company TWG Global, sources tell ESPN."