Kyle Kuzma questions Mark Walter's sale of Lakers for $12.5 billion
Yahoo Sports • 1 min read • Latest: Aug 13, 2026, 5:31 AM
Last updated Aug 13, 2026
Mark Walter has sold his majority stake in the Los Angeles Lakers to Bob Iger and Josh Kushner for $12.5 billion. The sale comes just over a year after Walter acquired the team from the Buss family. Kyle Kuzma expressed concern over the quick turnover, suggesting that such a sale could indicate underlying issues, especially as Walter faces an active federal investigation related to loan fraud. With the 2026-27 NBA season approaching, the Lakers will transition to a new ownership group.
- •Walter sold the Lakers just 14 months after purchase.
- •Kuzma insinuated the sale appears shady due to its timing.
- •Walter is under federal investigation for loan fraud.
- •Lakers will have new ownership for the upcoming season.
- 5:31 AMYahoo Sports — 2020 LA Lakers champ finds Mark Walter’s $12.5 billion sale of ‘crown jewel’ shady
"The Los Angeles Lakers’ ownership has once again changed hands. When the Buss family sold the Los Angeles Lakers’ majority share to Mark Walter in 2025, many expected the LA Dodgers owner to keep the franchise for years.
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