The sale of the Los Angeles Lakers, valued at $12.5 billion, is significant not only for its price but also for Mark Walter’s potential tenure as owner, which could be among the shortest in major U.S. sports history at 289 days. USA TODAY identified only four shorter tenures, with the quickest being Lou Mitchell’s 31-day ownership of the Cavaliers in 1980. Walter’s tenure may extend to 315-420 days pending NBA Board of Governors approval, with recent sales taking varying times for approval. If not finalized by October 4 or 14, Walter would fall in ranking among brief ownership spans.
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Lakers’ Record Sale Involves Mark Walter’s Short Tenure
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