Buss Family Selling Lakers

[kidhawk]

Sources: Buss family to sell Lakers, valued at $10B

The Buss family is entering into an agreement to sell majority ownership of the Lakers to Mark Walter, who also owns the Dodgers, for a franchise valuation of approximately $10 billion, sources told ESPN.

www.espn.com

$10 billion deal to sell a majority stake.

 

[toffee]

Mark Walter's net worth was listed at 6b, I guess Walter is putting together a group to pay for the $10b

 

[kidhawk]

Mark Walter's net worth was listed at 6b, I guess Walter is putting together a group to pay for the $10b

It says they are keeping 15% so it sounds like he’s only needing a mere $8.5B