Tag: Los Angeles Lakers

Walter cements majority stake in Lakers

Article posted by Coliseum, November 12^th, 2025

Mark Walter has become the majority owner of the Los Angeles Lakers after the National Basketball Association (NBA) Board of Governors approved his purchase of a controlling stake from the Buss family. ABC News said the sale of the NBA’s most valuable franchise was initially announced in... » Read more

Mark Walter to take over command of Lakers

Article posted by Coliseum, July 1^st, 2025

The Buss family is entering into an agreement to sell majority ownership of the National Basketball Association (NBA) team Los Angeles Lakers to Mark Walter for a franchise valuation of approximately $10 billion, the highest ever for a US professional sports franchise. ‘ESPN’ stated that the... » Read more

‘Showtime’ extends stay at STAPLES Center

Article posted by Coliseum, June 1^st, 2021

Seventeen-time National Basketball Association (NBA) champions, the Los Angeles Lakers, and AEG, the owners of Lakers residence – STAPLES Center – have inked a long-term lease extension agreement ensuring that the defending World Champions will remain in their downtown Los Angeles (US)... » Read more