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Everything you need to know about new Lakers majority owner Mark Walter

Photo by Kevin Winter/Getty Images

Mark Walter, the new Lakers majority owner, is far from a novice, having helped run teams across various sports worldwide.

On Wednesday, it was reported that the Buss family sold their majority ownership stake in the Lakers at a $10 billion valuation to Mark Walter, CEO and chairman of the diversified holding company TWG Global.

He already owned roughly 26% of the Lakers after agreeing to a deal with Philip Anschutz in 2021 and had the...

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