This Week in Sports Trivia: August 20, 2026
Mark Walter has agreed to sell his majority ownership stake in the Los Angeles Lakers just a little more than one year after buying it, a fascinating development with several side stories likely to continue unfolding over the coming months. The deal will also — maybe — end the Buss family’s 47-year run as stewards of the franchise. At least that’s what five of the six Buss siblings are hoping…
Mark Walter has agreed to sell his majority ownership stake in the Los Angeles Lakers after just one year of ownership. This follows his purchase of the stake, creating an intriguing situation with potential ramifications for the franchise. The sale could potentially end the Buss family's 47-year reign as the team's guardians, as five of the six Buss siblings have voted to sell their approximately 18% share.
However, the final decision rests on Jeanie Buss, the most influential Buss sibling, making the outcome somewhat uncertain. The investigation by federal authorities into Walter's extensive business empire is ongoing, and he has taken various countermeasures. This ongoing saga will likely continue to generate headlines in the coming months.
The story is covered extensively in this week's Sports Trivia, along with other notable developments in the sports world.
Written by urgent.news from Yahoo Sports's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
