In 2022, Jeanie Buss told the Los Angeles Times, “I’m not going anywhere,” vowing to protect her father’s beloved Lakers. But in a move that stunned the sports world, she just flipped the script. In June 2025, Buss sold a majority stake in the Los Angeles Lakers to billionaire Mark Walter for an unprecedented $10 billion—the richest sale in pro sports history. Though she’ll stay on as governor and hold a 15% stake, the move marks a dramatic shift in power while securing the team’s future in an evolving NBA. As Magic Johnson put it, “Dr. Buss would be very proud.” It’s the end of an era—but maybe the beginning of an even bigger one.

“The Buss family has entered an agreement to sell majority ownership of the Los Angeles Lakers to Mark Walter, the CEO of diversified holding company TWG Global. Jeanie Buss will continue to serve in her role as Lakers governor, sources said,” ESPN’s Shams Charania reported. Mark Walter is a known face in the world of soccer and MLB. But not many people know about the Dodgers’ owner’s wife, Kimbra Walter. So, let’s find out. To begin with, not much is known about Mark Walter’s family.

Behind every powerful empire stands a duo that balances impact with influence. While Mark Walter engineered the rise of Guggenheim Partners back in 2000, transforming it into a global financial powerhouse with 2,300 employees across 25 offices, it’s his wife, Kimbra Walter, who brings purpose to the profits.

Kimbra Walter doesn’t just share the spotlight with her husband, Mark Walter—she commands one of her own. As a driving force behind the Walter Family Foundation and the Dodgers Foundation, she has spearheaded transformative initiatives, including a $100 million LA Rises wildfire recovery pledge and $5.5 million dedicated to advancing women’s sports—recognition that earned the couple the prestigious Billie Jean King Leadership Award.

Through her work with OneGoal and The Academy Group, Kimbra uplifts underserved youth, while her global conservation efforts have helped protect millions of acres. An attorney by training, Kimbra pairs sharp intellect with deep empathy, crafting a philanthropic legacy that quietly rivals the scale of her husband’s sports empire.

She is far more than a business philanthropist. That same creative spark now powers her contributions to visual arts and nonprofit leadership. She’s also a trustee at Chicago’s Lincoln Park Zoo, a quiet but meaningful role.

Now, coming back to the odd UNO Reverse Jeanie Buss pulled off with the Los Angeles Lakers. This truly came unexpectedly. There was not a lot of buzz about the sale, yet here we are! Moreover, the staggering price at which the iconic Purple and Gold was sold is sure to raise eyebrows.

Jeanie Buss sells the Los Angeles Lakers at a whopping $10 billion

In 1979, Jerry Buss shook the sports world by buying the Los Angeles Lakers, the LA Kings, and the LA Forum in one bold $67.5 million move. That gamble paid off. After his passing in 2013, the legacy stayed in the family. His daughter Jeanie Buss now rules the court as Lakers governor, blending tradition and ambition with every power move she makes. Meanwhile, nearly 50 years later, Jeanie sold the teams, as reports suggest, at an insane $10 billion.

Moreover, Jeanie Buss trusts the Los Angeles Lakers to be in the best hands. Because Mark Walter is not just a businessman—he’s a sporting force with a golden touch. From the Dodgers to the Sparks, the Billie Jean Cup to the Cadillac Formula One team, and even the Professional Women’s Hockey League, his reach is vast. In 2021, he added the Lakers to his playbook, securing a stake and a right of first refusal. Power, meet precision.

So here we are. The Buss era steps back, but not without style. Jeanie passes the torch to a duo that knows how to win—Mark and Kimbra Walter. He brings the business muscle, she adds the heart. From finance to philanthropy, they’ve built empires together. Now, with the Lakers in their playbook, expect a new chapter. One that’s electric, elegant, and entirely unforgettable.