Mark Walter seeks buyer for Los Angeles Sparks after Lakers sale

Yahoo Sports • 1 min read • Latest: Nov 4, 2026, 3:17 AM

Last updated Nov 4, 2026

Mark Walter seeks buyer for Los Angeles Sparks after Lakers sale
Summary

Mark Walter is looking to sell the WNBA's Los Angeles Sparks and their practice facility, reportedly for over $700 million. This follows his recent sale of a majority stake in the Los Angeles Lakers for $12.5 billion. The Sparks, valued at $400 million, have struggled in recent years, missing the playoffs for six consecutive seasons. Walter purchased the Sparks in 2014 to ensure the franchise remained in Los Angeles, and they last won a championship in 2016. He has also sold his stake in Chelsea FC and is involved in various other sports entities.

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Key Details
  • •Walter seeks over $700 million for the Sparks and practice facility.
  • •Sparks have missed playoffs for six straight seasons.
  • •Walter acquired the Sparks in 2014 to keep them in Los Angeles.
  • •Previous ownership of the Lakers sold for record amount.
  • •Walter has sold stakes in multiple sports franchises recently.
Latest Updates
  • 3:17 AMYahoo Sports — Mark Walter seeks buyer for Los Angeles Sparks after selling Lakers, per report
What they're saying
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Mark Walter is reportedly seeking a buyer for the WNBA's Los Angeles Sparks and their practice facility for $700 million.

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