Lakers sale completed in 72 hours amid financial pressures
Yahoo Sports • 1 min read • Latest: Aug 12, 2026, 6:27 PM
Last updated Aug 12, 2026
Mark Walter reportedly sold the Los Angeles Lakers for $12.5 billion. Bloomberg indicates that the sale took just 72 hours to finalize as Walter sought investors to address loan investigations. This transaction occurred less than two years after Walter's initial purchase of the franchise.
- •Mark Walter sold the Lakers for $12.5 billion.
- •The deal was completed in just 72 hours.
- •Walter sought funds to address loan investigations.
- •The sale happened less than two years after his purchase.
- 6:27 PMYahoo Sports — Lakers sale came together in just 72 hours?
"Lakers sale came together in just 72 hours?
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