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Los Angeles Lakers owner nearing sale to Guggenheim Partners boss

18 June 2025
in World
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Los Angeles Lakers owner nearing sale to Guggenheim Partners boss
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The Buss family is nearing a deal to sell their majority stake in the Los Angeles Lakers to Guggenheim Partners CEO Mark Walter for about $10 billion, marking a record sale for a sports team. Although the sale would end the family’s ownership since 1979, Jeanie Buss will retain control as the team’s governor after the transaction is finalized.

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