Mark Walter investigation, explained: Why suspicious timing of Lakers sale raised eyebrows around NBA

With Walter's abrupt sale of the Lakers for billions in profit, a federal investigation he's connected to has become of further interest.

Mark Walter's troubles catch up with Lakers as sensitive reason behind sale emerges  MARCA

TRENDINGRussell Westbrook retiresReport: Lakers being sold for $12BCowboys, at $15.5B, top NFL valuationsNFL camp updates29 Days of Fantasy: CameoStory byJack BaerStaff writerThu, August 13, 2026 at 1:41 AM UTC·8 min readAbout Our AdsRecommended StoriesNick Wright: ‘Can’t ignore’ Mark Walter’s White House visit, fraud

Hours after Wednesday’s bombshell news that Dodgers owner Mark Walter was selling his majority stake in the Lakers at a record $12.5 billion valuation, Dodgers team president Stan Kasten was adamant that no changes were coming within the Dodgers organization. Kasten also confirmed that Walter has no plans to sell the b

Walter is selling the Lakers to Bob Iger and Josh Kushner for a reported $12.5 billion

What Mark Walter's Lakers Sale Means for the Dodgers  Sports Illustrated

Will Lakers sale impact Dodgers? Owner Mark Walter faces federal probe  USA Today

The pair are buying the team from Mark Walter, who paid $10 billion for it just over a year ago, and someone who Magic Johnson once said would own the team for decades.

A little more than a year after agreeing to purchase a majority share of the Lakers, Mark Walter is selling the team.