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Sport2025-10-30 18:39:00

The "Bus" era ends after 46 years, the LA Lakers team is sold for unattainable figures for any other sport

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The "Bus" era ends after 46 years, the LA Lakers team is sold for

The NBA has officially approved the sale of a majority stake in the Los Angeles Lakers, sealing one of the most historic transitions in American sports.

All franchises voted unanimously in favor of transferring control to Mark Walter, CEO of the TWG Global group.

Thus, the legendary Bus family leaves the club's management after nearly half a century, leaving behind a legacy of 11 championship titles in this period.

Five titles came in the Magic Johnson era, three with Shaquille O'Neal and Kobe Bryant, two more with Kobe and Pau Gasol, and the last with LeBron James as the main 'star'.

NBA Commissioner Adam Silver welcomed the change, underlining his confidence in the new owner: “ Mark Walter has a long history in our leagues, as a partner of the Lakers and principal owner of the Los Angeles Sparks for more than a decade .

"I am confident that he will be a dedicated leader and a great asset to the league ."

Silver also thanked the Bus family: " I express my gratitude to Jenny Bus and the Bus family for 46 years of transformative leadership ."

However, Jenny Buss will continue as the club's governor for at least the next five years, maintaining the family's historic connection to one of the largest sports organizations in the US.

The exact amount of the sale has not yet been made public, but reports suggest around $10 billion, and according to sources at The Athletic, the value could reach up to $12 billion.

This makes the deal the largest in American sports history, surpassing any previous record.

The Lakers thus enter a new era, with great ambitions and expectations that grow even higher.

 

mark uolter la lakers

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