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Mark Walter Sells Lakers for $12.5 Billion

8/27/2026

21 4 Full Breakdown

Summary

Story summary

Mark Walter sold the Los Angeles Lakers for $12.5 billion.
The deal priced the Lakers at a 25% premium over the $10 billion price paid a year earlier.
Federal prosecutors and the SEC are probing Walter’s companies for alleged loan and tax fraud.
TWG Global said the Los Angeles Dodgers are not for sale and no sale process exists.

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Story summary

Mark Walter sold the Los Angeles Lakers for $12.5 billion.
The deal priced the Lakers at a 25% premium over the $10 billion price paid a year earlier.
Federal prosecutors and the SEC are probing Walter’s companies for alleged loan and tax fraud.
TWG Global said the Los Angeles Dodgers are not for sale and no sale process exists.