Questions arise over potential sale of the Lakers amidst investigations

Yahoo Sports1 min read • Latest: Aug 16, 2026, 12:40 PM

Last updated Aug 16, 2026

Questions arise over potential sale of the Lakers amidst investigations
Summary

The status of the potential sale of the Los Angeles Lakers remains unclear as investigations continue. Mark Walter and his companies have not been charged with any crimes. Walter’s holding company, TWG Global, is reported to be cooperating with authorities and hopeful for a favorable resolution. A spokesperson has characterized Walter as honest and straightforward in business dealings.

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Key Details
  • Investigations into Mark Walter and his companies are ongoing.
  • No charges have been filed against Walter.
  • Walter's company is cooperating with authorities.
  • A spokesperson expresses confidence in a favorable outcome.
Latest Updates
  • 12:40 PMYahoo SportsIt’s not at all clear whether the sale of the Lakers …
What they're saying
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It’s not at all clear whether the sale of the Lakers …

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