“Mark Walter has a long association with our leagues, having served as a minority owner of the Lakers and as the principal owner of the WNBA’s Sparks for more than a decade,” NBA Commissioner Adam Si...

Mark Walter is the majority owner of the Los Angeles Lakers after the NBA Board of Governors approved his purchase of a controlling stake from the Buss family.

The NBA’s latest update marks a turning point for the Los Angeles Lakers as the franchise builds toward its next era.