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  • 9 months ago
The Buss family has sold its controlling stake in the Los Angeles Lakers to Mark Walter, who previously held a 27% share.
Transcript
00:00The Buss family has sold its controlling stake in the Los Angeles Lakers to Mark Walter, who previously held a 27% share in a record-breaking deal that values the franchise at $10 billion, the highest in U.S. sports history.
00:15Despite the change in ownership, Jeannie Buss will continue as team governor and maintain at least a 15% stake to meet NBA requirements.
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