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A New Era: Mark Walter Takes Over the Lakers

Published on: June 20, 2025, 5:04 a.m. | Source: Devdiscourse

Mark Walter, CEO of TWG Global and Guggenheim Partners, has purchased a majority stake in the Los Angeles Lakers, valuing the NBA team at $10 billion. This acquisition adds to his sports empire and may signal a new championship era for the franchise. Walter's influence in Los Angeles is set to increase.

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