NBA News

Sources: Walter, Kushner finalize terms of Lakers sale at $12.5B valuation

Lakers owner Mark Walter and Thrive Capital founder Josh Kushner met Thursday to finalize the transaction and are expected to sign the formal agreement soon, sources told ESPN.

· 2 min read
Originally reported by ESPN
Sources: Walter, Kushner finalize terms of Lakers sale at $12.5B valuation
Photo: ESPN

Mark Walter: What Happened

ESPN reported on Saturday, October 31, 2026 in a story involving Mark Walter, Josh Kushner, Lakers. Here is how the report opens:

Lakers owner Mark Walter and Thrive Capital founder Josh Kushner met Thursday to finalize the transaction and are expected to sign the formal agreement soon, sources told ESPN.

— ESPN

It is one of many NBA stories we are following today. Below are the key takeaways, how the story is being reported across the sport, background on National Basketball Association and what to watch next.

Key Takeaways

  • The story: Sources: Walter, Kushner finalize terms of Lakers sale at $12.5B valuation
  • Who’s involved: Mark Walter, Josh Kushner, Lakers and Thrive Capital
  • League: NBA
  • First reported: Saturday, October 31, 2026 by ESPN

How Other Outlets Are Covering It

The same NBA story, as reported by 0 other outlets:

Background: National Basketball Association

The National Basketball Association (NBA) is a professional basketball league in North America composed of 30 teams (29 in the United States and 1 in Canada). The NBA is one of the major professional sports leagues in the United States and Canada and is considered the premier basketball league in the world. The league is headquartered in New York City and Secaucus, New Jersey.

The NBA was created on August 3, 1949, with the merger of the Basketball Association of America (BAA) and the National Basketball League (NBL).

Text from Wikipedia’s National Basketball Association article, CC BY-SA 4.0.

What’s Next for Mark Walter

For fans following Mark Walter, the next things to watch are the injury updates, trade rumors, standings and NBA Cup. Stories like this one tend to move quickly, so check back for follow-up reports and reaction as more outlets pick it up.

Frequently Asked Questions

What happened with Mark Walter?

Lakers owner Mark Walter and Thrive Capital founder Josh Kushner met Thursday to finalize the transaction and are expected to sign the formal agreement soon, sources told ESPN. ESPN reported the story on Saturday, October 31, 2026.

Who reported this NBA story?

ESPN first reported it on Saturday, October 31, 2026. ESPN also covered it. ForTheFans summarizes it here with background and related NBA news.

Where can I get the latest NBA news today?

The ForTheFans NBA page collects every NBA headline as it breaks, including injury updates, trade rumors and standings, with live scores on our scores page.

Summarized by ForTheFans from reporting by ESPN. Headlines, quoted text and photos belong to their publishers. How we report

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