The Los Angeles Lakers sold majority shares of the team, with a potential buyer for the remaining shares.
6 reports, 2 independent
Updated Sep 26
Gone quiet
Reached 2 outlets in its first 24 hours
- Reports
- 6
- Developments
- 4
- Repetition
- 50%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
The Los Angeles Lakers sold majority shares of the team, with a potential buyer for the remaining shares.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Mark Walter agrees to sell Lakers shares; Bob Iger expected to manage team.1 source
- Mark Walter agreed to sell the Los Angeles Lakers team, amid investment pressures from Abu Dhabi funds.Sub-event
Majority shares of the Lakers were sold, with Iger potentially buying the rest.1 source
Walter completes the sale of majority Lakers stake to Iger for $12.5 billion.1 source
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The entities involved
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Los Angeles Lakers
American professional basketball team
Nothing else this week.
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Bob Iger
American businessman and CEO of The Walt Disney Company (born 1951)
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Mark Walter
American businessman
Nothing else this week.