Mark Walter flipped the Lakers after secret August talks

The sale came together in 72 hours, per Ramona Shelburne.

Wire Report IntelligenceUpdated 1h1 min read

A quick three days of secret talks in August resulted in Mark Walter flipping the Lakers. @ramonashelburne looks inside Via @ESPNNBA on X

What happened: Three days of closed-door negotiations in August resulted in Mark Walter flipping the Los Angeles Lakers, per ESPN's Ramona Shelburne.

Why it matters: The rapid ownership change followed a stretch in which Walter sought investor cash amid loan scrutiny.

What to watch: On the court, the Los Angeles Lakers are scheduled for a Tuesday, Oct. 27 tipoff at 11:00 PM ET.

Sources

@ESPNNBA 2026-10-27T16:00:49.974503+00:00

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Mark Walter flipped the Lakers after secret August talks

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