

Just when the baseball universe was coming to terms with the Devers trade, another breaking news story dropped. In a move that no one saw coming, especially in the LA sports scene, the Dodgers owner, Mark Walter, has reportedly agreed to purchase majority ownership of the Los Angeles Lakers from the Buss family.
And yes, it comes with an eye-watering price tag of—$10 billion! Now, according to ESPN’s Shams Charania, this deal isn’t just big; it is kind of record-breaking. It marks the largest sale of a professional sports franchise in the world.
Let that sink in! But before the Lakers fans go into panic mode, here is the key part: Jeanie Buss is not going anywhere. Not yet!
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The Los Angeles Dodgers’ owner is purchasing the Los Angeles Lakers, according to @ShamsCharania. https://t.co/ZiJZwd3zj6
— Jeff Passan (@JeffPassan) June 18, 2025
So Jeanie Buss will continue her role as the team governor even after the sale goes through. While the ownership of the Lakers, with the Los Angeles Dodgers coming in, is for sure changing hands, the face and leadership of the franchise won’t change overnight.
Walter, meanwhile, is not new to the Lakers. He already owns a 26% stake and has been around since 2021. And his resume is stacked. He is the CEO of TWG Global and already owns the Dodgers, plus has shares in Chelsea FC, an F1 team, and the WNBA’s Sparks. So basically, if there is a scoreboard, he wants a piece of it!
Now, Jerry Buss bought the Lakers back in 1979. Not just the team but the Kings and The Forum for just $67.5 million. And now, we are talking billions. And as far as the details of what Walter is buying exactly, those are still under wraps. But given that the Lakers were valued at $7 billion, this $10 million tag does suggest that there is a whole lot more baked into this deal.
Also, let’s not forget Magic Johnson, who knows both teams like the back of his hand. He called the move a win, saying Walter is all about doing things the right way.
What’s your perspective on:
Dodgers' owner buying Lakers—Is this a game-changer or just another billionaire's toy?
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Right now, LA sports couldn’t get more exciting. Dodgers and LA under the same empire? That is power and that is money. And if owning two of the most iconic franchises wasn’t enough, Walter has pressure to look into what’s going on, on the diamond, too. His empire might be booming off the field, but the Dodgers are currently fighting a battle of their own.
Los Angeles Dodgers target former World Series arm amid rotation crisis
The Los Angeles Dodgers’ starting rotation is essentially held together by duct tape and plenty of hope. Because injuries have crushed their rotation. At this point, it’s not who is there but who is not there that people are talking about.
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Blake Snell, Tyler Glasnow, and Rōki Sasaki are all sidelined with injuries, while Shohei Ohtani has just returned to the mound. While Snell and Glasnow should be back soon, Sasaki’s situation seems to be murky.
For the Dodgers, this is bad news, and they can’t sit around with hopes only. They might need to swing a trade soon. And they don’t really need a Cy Young-level ace. They simply need a dependable arm to plug the gap and give their bullpen some room to breathe. And this is where Andrew Heaney enters the picture. Mark Feinsand floated the idea that Heaney, who is currently with the Pirates, could be a good fit.
Sure, he is no Paul Skenes or Mitch Keller, but he is steady! A 3.33 ERA through 14 starts this year and a history of staying healthy—that’s gold for the Los Angeles Dodgers rotation, at least. Plus, did you know Heaney also has postseason experience? He has a ring from when he won the World Series with the Rangers. Plus, given that he is on a one-year deal with the Pirates, he might be the perfect low-risk, high-upside move for LA.
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What do you think? Let us know.
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Dodgers' owner buying Lakers—Is this a game-changer or just another billionaire's toy?