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Adam Silver says no red flags in Mark Walter's Lakers sale

Yahoo Sports • 1 min read • Latest: Sep 15, 2026, 10:06 PM

Last updated Sep 15, 2026

Adam Silver says no red flags in Mark Walter's Lakers sale

Summary

NBA commissioner Adam Silver addressed concerns regarding the Los Angeles Lakers' recent change in ownership during a press conference. Mark Walter sold the franchise for $12.5 billion after a year as majority owner. Silver stated that despite Walter being under federal investigation, the league found no red flags while vetting him before his approval as principal owner. He confirmed that Walter was not under investigation by the NBA at that time. The new majority owners of the Lakers are Bob Iger and Josh Kushner.

Source Links

Yahoo Sports

Key Details

•Adam Silver confirms no issues in vetting Mark Walter.
•Walter sold the Lakers for $12.5 billion.
•Bob Iger and Josh Kushner are the new majority owners.
•Walter was under federal investigation during the sale.
•NBA found no red flags in the ownership approval process.

Latest Updates

10:06 PMYahoo Sports — Lakers news: Adam Silver insists Mark Walter had 'no red flags' amid $12.5 billion sale

What they're saying

"
With the Los Angeles Lakers led by Luka Doncic and Austin Reaves going into the 2026 season, the franchise itself has seen a change of ownership recently. As Mark Walter sold the Lakers for $12.5 billion after a year as a majority owner, though he was under investigation by the federal government, NBA commissioner Adam Silver has commented on the […] The post Lakers news: Adam Silver insists Mark Walter had 'no red flags' amid $12.5 billion sale appeared first on ClutchPoints.
— Yahoo Sports

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