Walter retains his other sports holdings, including the Los Angeles Dodgers, the WNBA's Los Angeles Sparks, and stakes in Chelsea F.C. and the Professional Women's Hockey League. In a statement, he called owning the Lakers "one of the great honors of my life" and expressed confidence that "the best is still ahead." Kushner and Iger pledged to "build on the foundation" established by the Buss family and "compete at the highest level."
The speed of the flip — a $2.5 billion paper gain in 14 months — underscores how rapidly elite sports franchise valuations are accelerating. Whether the NBA's governors ratify this new ceiling, and how quickly other owners test it, will shape the next phase of the league's ownership landscape.
Sources: Source 1 · Source 2 · Source 3 · Source 4 · Source 5 · Source 6
