
A New Era: Mark Walter Takes Over the Lakers
Published on: June 20, 2025, 5:04 a.m. | Source: Devdiscourse
Mark Walter, CEO of TWG Global and Guggenheim Partners, has purchased a majority stake in the Los Angeles Lakers, valuing the NBA team at $10 billion. This acquisition adds to his sports empire and may signal a new championship era for the franchise. Walter's influence in Los Angeles is set to increase.