Mark Walter

Lakers Notes: Jones, Defense, LeBron, Smart

December 11th, 2025 at 3:46pm CST by Luke Adams

Pelicans wing Herbert Jones is the player most frequently mentioned by rival scouts and executives as a potential in-season trade target for the Lakers, according to Dan Woike of The Athletic.

However, despite rumors that New Orleans is more open to fielding calls on Jones than in the past, sources tell Woike that New Orleans isn’t particularly interested in moving the defensive ace, who will become trade-eligible on January 14. As Woike points out, the Lakers would have a hard time putting together a viable package for Jones even if the Pelicans were open to a deal, since Los Angeles can only trade one future first-round pick.

That tradable first-rounder – which would be for either the 2031 or 2032 draft – isn’t considered as valuable by rival teams as it once was, according to Woike. Last season’s trade for Luka Doncic, as well as Mark Walter‘s purchase of the team, make it less likely that the Lakers will bottom out in the coming years, which limits the upside of even a far-out draft pick.

Here are a few more items of interest on the Lakers:

The reason the Lakers would be so interested in Jones is that he would provide the team with a much-needed defensive stopper. After giving up 132 points to San Antonio on Wednesday, L.A. now ranks 21st in the NBA in defensive rating (116.7). LeBron James expressed confidence that the Lakers will “continue to get better” on that end of the court, per Woike, but both James and head coach JJ Redick stressed the importance of establishing the right habits. “Our second half against Philly (on Sunday) was the most physical we’ve been, particularly off-ball,” Redick said, according to Law Murray of The Athletic. “But the physicality, and the shifts, and then the closeouts, that’s the essence of our defense. So if we’re not doing those things well, it’s hard for us to guard.”
James’ longtime agent Rich Paul expressed during the first episode of the ‘Game Over with Max Kellerman and Rich Paul’ podcast for The Ringer (YouTube link) that he doesn’t think the Lakers “have enough” to get to the Western Conference Finals this season. Asked on Wednesday about the Lakers’ postseason upside, LeBron himself said it’s still too early to speculate. “What I can say is that the habits that we build throughout the regular season each month [are what is important],” James said, per ESPN’s Dave McMenamin. “If we are in a position to make it to the postseason and be able to get to that point, well, we have to build it now. But as far as talking about what type of damage we’re going to do in the postseason in December, that’s not right for the basketball gods, not for me.”
Marcus Smart‘s return to action from a back injury was a bright spot in an disappointing NBA Cup quarterfinal loss on Wednesday, writes Thuc Nhi Nguyen of The Los Angeles Times. Smart scored 26 points and was a +2 in 28 minutes of action off the bench. Spurs players also made just 3-of-11 shots when the veteran guard was the primary defender. “When he guards, when he talks to us, we listen,” Doncic said. “Just got to be a little bit more of what he’s doing.”

Pacific Notes: Kuminga, Lakers, Gillespie, Clippers

November 21st, 2025 at 3:05pm CST by Luke Adams

With the Warriors off to an up-and-down start and sitting over .500 by a single game, there’s a growing expectation “in various corners of the league” that forward Jonathan Kuminga will be on the move prior to the February 5 trade deadline, Marc Stein writes for his Substack (subscription required).

While a veteran executive who spoke to Stein referred to Kuminga’s two-year, $46.8MM contract (which includes a second-year team option) as “one of the best trade chips in the league,” sources who talked to ESPN’s Tim Bontemps about Kuminga aren’t convinced that Golden State will be able to find a trade partner that covets the 23-year-old and is willing to send the Warriors the sort of value they’ll be seeking for the former No. 7 overall pick.

“Who is going to take him?” one Eastern Conference scout said. “And are they going to move him for stuff they don’t want, or just wait? It’s very hard to find a trade that makes sense for everyone.”

That same scout suggested that Kuminga, who is currently sidelined due to knee soreness, hasn’t done a whole lot so far this season to boost his trade value.

“He is who he is, even though he’s on the younger side,” the scout said. “He has looked better, and has been trying to fit in, but he still falls back into his old habits.”

We have more from around the Pacific Division:

A pair of Los Angeles Dodgers executives – Farhan Zaidi and Andrew Friedman – are serving as advisors with the Lakers during the transition from the Buss family to new owner Mark Walter, sources tell Ramona Shelburne of ESPN. As Shelburne explains, Zaidi and Friedman are functioning as senior executives with TWG Sports, the entity Walter created to oversee his sports holdings. Zaidi has been Walter’s representative during the transition process, according to Shelburne, while Friedman has consulted with general manager Rob Pelinka.
Back with the Suns after signing a one-year, minimum-salary contract over the summer, point guard Collin Gillespie is enjoying his expanded role in Phoenix. Gillespie, one of the team’s top reserves, is averaging 10.5 points and 5.1 assists in 24.3 minutes per game off the bench as he makes a case to stick with the Suns beyond this season. “I would like to be here long-term,” he said (Twitter video link via Duane Rankin of The Arizona Republic). “It’s 15 games into the season. There’s a ton of time. I’m not even worried about that or focused on that right now. Just play the year out. Hopefully have a really good year. Win a lot of games and then focus on it after the season, but I would like to be here long-term.”
Law Murray of The Athletic takes a look at some of the issues plaguing the 4-11 Clippers, including an inability to keep up with faster-paced offenses, poor point-of-attack defense, losing the rebounding and possession battles, and – in the words of head coach Tyronn Lue – a lack of “point-of-attack offensive guys that can create their own shots.”

NBA’s Board Of Governors Unanimously Approves Lakers Sale

October 30th, 2025 at 11:42am CST by Luke Adams

11:42 am: The Lakers have put out a press release confirming that Walter has finalized his acquisition of a majority stake in the team. The sale is now closed, confirms ESPN’s Ramona Shelburne (Twitter link).

“The Los Angeles Lakers are one of the most iconic franchises in all of sports, defined by a history of excellence and the relentless pursuit of greatness,” Walter said in a statement. “Few teams carry the legacy and global influence of the Lakers, and it’s a privilege to work alongside Jeanie Buss as we maintain that excellence and set the standard for success in this new era, both on and off the court.”

11:11 am: The NBA’s Board of Governors has unanimously approved the sale of a majority share of the Lakers to Mark Walter, the league announced today in a press release, adding that the transaction is expected to close soon (Twitter link).

Walter, 65, is the CEO of Guggenheim Partners, a global investment firm, and co-CEO and chairman of TWG Global, a diversified holding company.

Walter, who also owns the Los Angeles Dodgers (MLB) and Los Angeles Sparks (WNBA), among other sports investments, had been a minority shareholder in the Lakers, having purchased a 27% stake in 2021 alongside Todd Boehly. Boehly will remain a limited partner in the franchise, per Kurt Badenhausen of Sportico.

Walter reached an agreement in June to buy a controlling interest from the Buss family at a record-setting valuation of $10 billion. It will be the first time since 1979 that the franchise has a new majority owner.

“Mark Walter has a long association with our leagues, having served as a minority owner of the Lakers and as a principal owner of the WNBA’s Sparks for more than a decade,” NBA commissioner Adam Silver said in a statement. “As Mark assumes his role as majority owner of the Lakers, I have no doubt that he will be a committed steward of the team and a great addition to our league given his many successful ventures in business and sports.”

Although Walter is assuming majority control of the Lakers, Jeanie Buss will remain in her role of governor for at least five years after the transaction closes, the league confirmed within its announcement. That means the Buss family will retain at least a 15% stake in the team, which is the minimum required for the governor role.

“I also want to thank and congratulate Jeanie Buss and the Buss family for 46 years of transformational leadership and service,” Silver continued. “While this historic transaction transfers the Buss family’s majority interest in the Lakers, I am thrilled that Jeanie will remain the team’s governor and an active and engaged member of our league.”

Latest On Lakers’ Sale

October 24th, 2025 at 6:17pm CST by Rory Maher

Dodgers owner Mark Walter could be approved as the new majority owner of the Lakers by the end of October, reports Ramona Shelburne of ESPN.

As Shelburne details, citing sources, Walter is slated to present his record-setting bid to purchase the team to the NBA’s Advisory Finance Committee on Friday. Walter is already a significant minority shareholder in the Lakers, having purchased a 27% stake in 2021 alongside Todd Boehly.

According to Shelburne, the committee will review the bid and then make a recommendation to the league’s Board of Governors, which could vote on the impending sale at the end of next week.

Walter’s ownership group is purchasing a significant portion of the Buss family’s 66% majority stake in the Lakers at a $10 billion valuation. Current governor Jeanie Buss is expected to stay in that role for the next several years, as the family will retain at least a 15% stake, the minimum required for a minority owner to be a team’s governor.

The Lakers and Walter previously announced that the sale was expected to close during either the third or fourth quarter of 2025.

Lakers Notes: LeBron, Luka, Extension, Reaves, More

August 6th, 2025 at 3:29pm CST by Rory Maher

Lakers forward LeBron James has been “supportive and understanding” of the team’s commitment to building around fellow star Luka Doncic, ESPN’s Shams Charania said Monday on First Take (YouTube link). Doncic signed a three-year max extension on Saturday, the first day he became eligible to re-up with the Los Angeles.

James is nearing the end of his record-setting career — he turns 41 years old at the end of December — but Doncic is theoretically just entering his prime, as the Slovenian guard is 26. James exercised his $52.6MM player option in June, which will make him an unrestricted free agent in 2026.

While James was not physically present at the press conference to announce Doncic’s extension, he FaceTimed Doncic to congratulate him on the new deal, as first reported by Marc Stein of The Stein Line (Substack link) and subsequently confirmed by ESPN’s Dave McMenamin.

“I hope, obviously, [he stays long term],” James told ESPN on April 30. “Laker fans f—ing love him here. L.A. has accepted him. We love him as a teammate, as a brother. But ultimately, he’s got to make a decision for him. S—, I ain’t going to be around much longer.”

Here’s more on the Lakers:

Dan Woike of The Athletic details Doncic’s decision to extend with the Lakers and the subsequent celebration in Las Vegas that was attended by new owner Mark Walter, governor Jeanie Buss, head coach JJ Redick and several teammates. “He’s only looking forward. And he’s here. He wants to get the best players here. He wants to win, and he knows it starts with him,” said Lara Beth Seager, Doncic’s manager. “And I think that’s what he proved this offseason. ‘OK, everyone wants to say or people think that they know me or I’m not a leader or I’m this way, or I’m that way, I don’t care. They can think and say whatever they want. “I’m gonna show them who I am.’“
ESPN insiders McMenamin, Zach Kram, Tim Bontemps and Bobby Marks examine how the Lakers should build around Doncic both now and in the future, including what types of players they should try to add (rim-running centers and three-and-D wings), what tools they have to use in trades, and their salary cap situation moving forward. Marks points out that just because L.A. could have a significant amount of cap room in 2027 doesn’t mean the team must solely rely on that to try to build out the roster.
In that same ESPN story, Bontemps writes that while much of the offseason speculation about the Lakers has been centered on James’ future, what they should do with Austin Reaves might be the trickier question. Reaves, who is widely expected to decline his 2026/27 player option (worth $14.9MM) in order to hit free agency next summer, reportedly declined a four-year, $89MM extension in June — the maximum he was eligible to receive — in the hope of landing a bigger payday. “I think he will get $30 [million] plus [annually],” one executive told ESPN, echoing multiple front office sources who were asked about the next deal Reaves could command.
According to Bontemps, there’s an expectation around the league that Reaves will re-sign with the Lakers, but to reach that $30MM-per-year figure, the 27-year-old guard may have to shine on the biggest stage after struggling in the first-round playoff loss to Minnesota. “This is a big season for him,” one Western Conference assistant coach said. “He’d better bring it in the playoffs, because he’s got to be good enough [to pair with Doncic].”

Lakers Notes: Buss, Ayton, Doncic, LeBron

July 10th, 2025 at 11:08am CST by Luke Adams

A statement last month indicated that Jeanie Buss is expected to remain the Lakers‘ governor “for the foreseeable future” even after the team is sold to incoming owner Mark Walter. That “foreseeable future” will span quite some time, according to Sam Amick of The Athletic, who hears from a source that the agreement between the two sides calls for Buss to remain in her governor role for at least the next five seasons.

We have more on the Lakers:

Speaking to reporters at his introductory press conference on Tuesday, new Lakers center Deandre Ayton said that signing with Los Angeles “feels like a video game” and that he doesn’t intend to take the opportunity for granted, as Mark Medina of RG.org relays. Ayton called new teammate Luka Doncic a “once-in-a-generation player” and cited Doncic’s and LeBron James‘ career assist numbers as one reason why he expects to thrive in L.A. “They turn (their teammates) into superstars,” Ayton said, per Dave McMenamin of ESPN. “They make them bigger than their roles, they make them very important on the floor.”
Ayton also said on Tuesday that he’s motivated by critics who have questioned his effort, focus, and maturity, according to Broderick Turner of The Los Angeles Times. “It fuels me,” Ayton said. “It fuels me up completely. And it’s a different type of drive that I’ve been wanting to express for a long time. I think this is the perfect timing, here in the purple and gold. And it’s a platform that I cannot run from. I can show what I really am and just be around some greats to really emphasize that for me as well. It is a lot of fuel in me to prove to the whole world.”
After social media posts revealed that LeBron James visited the Cavaliers‘ practice facility last week, the star forward clarified (via Twitter) that it’s an annual occurrence for him, since he lives and trains in the area during the offseason. Still, ESPN’s Brian Windhorst said during an appearance on ESPN Cleveland (Twitter video link) that LeBron knew what he was doing when he was photographed in the Cavs’ building amidst speculation about his future. “LeBron absolutely knows that he will cause a wave with these social media things,” Windhorst said (hat tip to Adam Zagoria of NJ.com). “On one hand, he is just coming home for the holiday, he is just doing something that he has done numerous times in the past. On the other hand, by doing what’s he’s doing, he’s absolutely poking the bear and being passive aggressive. And by the way, the Lakers are being passive-aggressive back at LeBron. They did not announce his option pick-up. So they’re both acting in the same way. Now, how is this going to get resolved? And my answer to you, in full honesty, is I don’t know.”

Lakers Rumors: LeBron, Finney-Smith, Reaves, Luka, Centers

June 28th, 2025 at 4:09pm CST by Luke Adams

With one day until LeBron James must make a decision on his $52.6MM player option for the 2025/26 season, ESPN’s Dave McMenamin is hearing the same thing his colleague Shams Charania was a month ago: James is expected to exercise that option to play out the final year of his current contract.

James has considered retirement every offseason since 2023, according to McMenamin, but it sounds like he’s committed to playing a record-setting 23rd NBA season in ’25/26. A source familiar with LeBron’s thinking also tells ESPN that he’s not entering next season with “any certainty that it will be his last.”

The other Lakers forward with a player option decision to make, Dorian Finney-Smith, is interested in returning to Los Angeles, a source tells ESPN. However, it sounds like he’ll also have interest in adding multiple years to his current contract, either via opting in and extending or by opting out to sign a new contract. If the only way for him to stay with the Lakers is by picking up his option with no guarantee of an extension, he may test the open market, McMenamin explains.

As McMenamin writes, head coach J.J. Redick trusts Finney-Smith, who was popular in the Lakers’ locker room, so I’d expect the team to try to lock him up. But if he does walk, it would at least open up the $14.1MM non-taxpayer mid-level exception, giving L.A. more options to replace him in free agency, McMenamin notes. The club projects to just have the $5.7MM taxpayer mid-level exception available if James and Finney-Smith return on their option salaries.

Here’s more on the Lakers:

The Lakers understood that Austin Reaves would turn down the four-year, $89MM extension offer they put on the table for him, but the team didn’t want to send the wrong signal by not offering it, says McMenamin. According to his sources, the two sides remain motivated to work out a new deal next summer, when Reaves will have the ability to opt out of his current contract.
A source close to Luka Doncic tells ESPN that Mark Walter‘s agreement to buy a majority stake in the Lakers was viewed as a positive development from the star guard’s perspective. “You always want the wealthiest owners, so that speaks for itself,” the source said to McMenamin. “And his track record speaks for itself. … (Doncic) wants to win. This owner’s proven that he wants to win. So this is a plus-plus.”
McMenamin confirms a couple more Luka-related notes, citing sources who say the former Mavericks star remains motivated by how he was treated on his way out of Dallas, and committed to a training and nutrition program this offseason; and writing that Lakers assistant Greg St. Jean will be a part of the Slovenian national team’s coaching staff this summer as Doncic represents his home country in the EuroBasket tournament. The former was initially reported by Dan Woike of The Athletic, while the latter was first reported by Andrej Miljković of Ekipa24.
Addressing the Lakers’ hunt for a center, president of basketball operations Rob Pelinka said during a Thursday night press conference that the team has been “super active” and will “turn over every stone” as it seeks a solution, tweets Woike. Nic Claxton of the Nets and Robert Williams of the Trail Blazers are among the possible trade targets the Lakers have “mulled internally” since last season, according to McMenamin, who also mentions several other previously reported names.

Lakers Sale To Mark Walter Will Close This Year

June 25th, 2025 at 1:35pm CST by Alex Kirschenbaum

New incoming Lakers majority owner Mark Walter will assume control of the franchise during the third or fourth quarter of 2025, Tim Reynolds of The Associated Press reports.

An ownership group led by Walter is purchasing a significant portion of the Buss family’s 66% majority stake in the Lakers at a $10 billion valuation. Walter was already a minority shareholder in the franchise, having purchased a 27% stake in 2021 alongside Todd Boehly.

Current Los Angeles governor Jeanie Buss, who helped steer the franchise to a title in that role five years ago, will stay in that role – and will continue to oversee team day-to-day team operations – “for the foreseeable future,” the Lakers and Walter confirmed in a press statement addressing the sale.

“From the day our father [Dr. Jerry Buss] purchased the Lakers, we have been determined to deliver what the City of Los Angeles deserves and demands: a team that is committed to winning — relentlessly — and to doing so with passion and with style,” Jeanie Buss said. “I have gotten to know Mark very well over time and been delighted to learn how he shares those same values. For the last four years, Mark has been an excellent partner to us, and we are thrilled to keep working with him to continue the Lakers’ extraordinary legacy.”

Under the Buss family, the Lakers have won 11 championships.

The Chicago-based Walter also has stakes in the Los Angeles Dodgers, Los Angeles Sparks, and other sports holdings.

“Since Dr. Jerry Buss first purchased the team in 1979, they have truly set the standard for basketball in one era after another, which is why you can find people anywhere in the world wearing Lakers shirts and jerseys,” Walter said.

Lakers Notes: Walter, Buss Family, Sale, NBA Reaction

June 19th, 2025 at 10:50pm CST by Alex Kirschenbaum

The Lakers were at the center of the NBA conversation once again this week — during an exciting ongoing Finals series — when it was revealed that the Buss family was selling its approximate 66% majority stake in the franchise to minority owner Mark Walter. Los Angeles was valued at $10 billion in the sale.

Bill Plaschke of The Los Angeles Times opines that Walter, who owns stakes in multiple other teams including the Dodgers, will give Los Angeles a more expansive trajectory moving forward — unencumbered by the financial constrictions or occasional cronyism that may have impeded the Lakers’ title pursuits of years past.

Plaschke predicts that, as was the case with MLB’s Dodgers, Walter will help modernize and build out L.A.’s infrastructure behind the scenes.

Vincent Goodwill of Yahoo Sports observes that, much in the same way the Lakers’ purchase in 1979 by late family patriarch Dr. Jerry Buss led to a massive sea change for the league at large, the Buss family’s departure from team control signals the end of another era.

There’s more out of Crypto.com Arena:

Current Lakers governor Jeanie Buss was the guiding force to galvanize this record-smashing sale, ESPN insider Shams Charania said on the network’s “The Pat McAfee Show” (Twitter video link). Charania added that the Buss family trust, split between the six children of the departed Dr. Buss, will still hold a significant stake in the team for at least a while. “The Buss family will have just over 15% of the minority share for a period of time,” Charania said. “Jeanie Buss will stay on as the governor for a period of time after this sale… My understanding is that Jeanie Buss really drove this sale of the Lakers.”
Unlike when a similar situation played out with former Mavericks majority owner Mark Cuban, Jeanie Buss’ short-term continued role as Lakers governor has been defined in a written agreement, ESPN’s Ramona Shelburne told ESPN Radio Los Angeles’ Clinton Yates (Twitter video link, h/t to RealGM for the transcription). “It’s in writing,” Shelburne said. “Mark Cuban did not get his role in writing. Jeanie Buss’ is in writing. That’s part of the deal. She’s staying on for the foreseeable future to run the team. There’s going to be a great continuity in this transfer of ownership.” Cuban said ahead of the Mavericks’ sale that he’d remain in his governor role, but that didn’t end up happening.
The league at large has weighed on the Lakers’ blockbuster sale, according to Tim Bontemps and Dave McMenamin of ESPN. “This is a good move,” an NBA source told ESPN. “The Lakers can finally be run like a real business.” As Bontemps and McMenamin note, the franchise was revenue-dependent under the Buss family. Now, it’s just another investment for the far wealthier Walter. “Most of these owners now, this is a part of their portfolio,” an executive said. “It’s not the only thing in their portfolio.”

Lakers Sale Notes: Walter, Buss, LeBron, Doncic

June 19th, 2025 at 9:04am CST by Arthur Hill

The sale of the Lakers to Los Angeles sports mogul Mark Walter should signal a change in the way the franchise operates, writes Mike Vorkunov of The Athletic. The record-setting deal, which includes an approximate $10 billion valuation for the franchise, will end more than four decades of control for the Buss family.

Despite their position as one of the NBA’s glamour teams, Vorkunov points out that the Lakers haven’t always been run that way. He states that many of the owners who’ve entered the league in the past few years are more aggressive about investing in high-priced front office and coaching hires and that L.A.’s basketball operations department isn’t as large or free spending as some of the small-market teams.

Vorkunov expects Walter to adopt a different approach based on his stewardship of the Dodgers, who have used an enormous payroll to become an MLB powerhouse. They’re projected to spend $476MM this season in payroll and luxury tax, and they invest heavily to bring in top-notch talent throughout the organization.

“A key difference between baseball and basketball is that you can’t simply outspend everyone on payroll the way the Dodgers do,” an NBA executive told Vorkunov. “But what most people overlook is how much the Dodgers invest beyond just players. They spend at an elite level on infrastructure: front office talent, analytics and player development. Each area is essentially run by a GM-level executive, enabling them to retain top-tier personnel across the board.”

There’s more on the sale of the Lakers:

The purchase agreement ensures that Jeanie Buss will retain her role as governor and will keep running the team for “at least a number of years,” sources tell Ramona Shelburne of ESPN (Twitter link). Her sources add that Walter gave his full endorsement to the arrangement, noting that he and Buss have built a strong relationship, especially since he became a minority owner in 2021. Shelburne adds that it’s a different situation that Mark Cuban faced in Dallas, where he didn’t get to keep the operational control he expected after his sale of the team was finalized (Twitter link).
The Buss family intends to hang onto a minority stake in the franchise worth just over 15%, per Shams Charania of ESPN. NBA bylaws require a stake of at least 15% in order for Jeanie to continue serving as governor, as Marc Stein and Jake Fischer of The Stein Line note (Substack link).
LeBron James is “comfortable” with the impending sale, Vorkunov and other Athletic reporters add in a separate story. Luka Doncic, who is eligible for a $229MM extension, shared his excitement about the deal on social media. “The Lakers are an amazing organization,” he tweeted. “I’m looking forward to meeting Mark and excited about the future. I am also grateful to Jeanie and the Buss family for welcoming me to LA, and I’m happy that Jeanie will continue to be involved. I look forward to working with both of them to win championships!”
Mark Medina of RG notes that Buss talked 10 years ago about having the family control the team “forever.” He looks at what has happened over the past decade to make them change their minds.

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