The Buss family has owned the Lakers since 1979, when the late Dr. Jerry Buss purchased them from previous owner Jack Kent ...

The billionaire slated to takeover the controlling interest in the Los Angeles Lakers has built a career leading businesses investing in everything from sports franchises to artificial ...

That’s the record-breaking valuation agreed to by Mark Walter, the billionaire financier who runs Guggenheim Partners and already owns part of the Los Angeles Dodgers. Over a decade ago, his $2. ...

The Buss family, which has owned LA Lakers since 1979, has agreed to sell the team to financier Mark Walter, the CEO of investment firm Guggenheim Partners, which has more than US$345 billion in ...

With a $10 billion deal for the Los Angeles Lakers, Guggenheim CEO Mark Walter is adding another trophy asset to a portfolio that makes him one of the most influential individuals in sports.

It’s the most ever for a professional sports franchise, a person with knowledge of the agreement said Wednesday.

Many people, including Dodgers manager Dave Roberts, feel the change in ownership for the Lakers will be a positive one.

Mark Walter, with an estimated net worth of $6.1 billion, is poised to acquire controlling interest in the Los Angeles Lakers. As CEO of Guggenheim Partners and co-founder of TWG Global, Walter's ...

After shelling out a record-breaking sum of approximately $10 billion, Mark Walter is soon to be the new owner of the Lakers. He’s the CEO of Guggenheim Partners, a financial services firm with ...