World reacts to Lakers’ historic sale

The entire sports world has been buzzing ever since it was announced that the Buss family was selling the Los Angeles Lakers. Ever since Jerry Buss bought the Lakers in 1979, the team has become the biggest franchise in the NBA.

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The Lakers were sold to businessman Mark Walter for approximately $10 billion. It’s been reported that the Buss family will keep a minority share of the team, that is said to be a little over 15%, for some time.

As for Walter, he already has ownership in a few sports teams. This includes the Los Angeles Dodgers, Los Angeles Sparks, Premier League club Chelsea, and the Professional Women’s Hockey League.

Walter also owns a few auto racing teams through TWG Motorsports. He is currently the CEO and chairman of diversified holding company TWG Global.

World reacts to sale of Lakers

After the announcement of the sale, fans were quick to take to social media, spilling all of their thoughts.

The Lakers are an amazing organization. I’m looking forward to meeting Mark and excited about the future. I am also grateful to Jeanie and the Buss family for welcoming me to LA, and I’m happy that Jeanie will continue to be involved. I look forward to working with both of them…

— Luka Doncic (@luka7doncic) June 19, 2025

Mark Walter bought the Dodgers in 2012. Since 2013, the Dodgers have:

12/12 postseason appearances
11 NL West titles
4 World Series appearances
2 World Series wins

They are a premier free agent destination and have become Japan's team.

The Lakers could not be in better hands. pic.twitter.com/fLzgFKXj8D

— Noah Camras (@noahcamras) June 18, 2025

Sold it right after Adam Silver gave them Luka

Smart

— Dani. (@Danizeh) June 18, 2025

The profit from this sell is more than every dollar ever paid to every single Laker player since Magic Johnson suited up.

Owning the team >>> Playing for it!

— ncuberealty.com (@mncube) June 18, 2025

The Luka and LeBron effect

— Graceful???? (@upbilssed) June 18, 2025

11 championships. The Lakers organization and fans will always be synonymous and grateful to the Buss Family. There’s no need for the disrespectful shit I’m seeing.

— O’Shea Jackson Jr (@OsheaJacksonJr) June 18, 2025

The sale of the Lakers has certainly sent shockwaves through the entire world. Most seem excited for the new ownership, ready to see where Mark Walter can take the franchise.

Others are not too sure of the sale. Ultimately, we’ll all have to sit back and wait to see how the future of the Los Angeles Lakers unfolds.

About the Author Published Jun 19, 2025

TITAN FREY

Titan Frey is a dedicated father to three wonderful children, whom he takes immense pride in. His passions include reading, writing, basketball, both playing and watching, and playing chess. Titan spent five years working as a journalist for the basketball website fadeawayworld.net, where he served as editor-in-chief for four and a half years. One of his most notable achievements was interviewing Chuck Cooper III, the son of Chuck Cooper, the first African American ever drafted by an NBA team, and writing a biography that has been praised as the most definitive article about Cooper’s legacy. Titan is the author of more than ten novels and the screenwriter of three produced short films. His newest young adult novel, Echoes of the Hardwood: Braxton Foxworthy’s Time‑Travelling Book Report, blends basketball history with heartfelt storytelling and is now available. Order here: https://a.co/d/bo7BYz1