The NBA officially announced today that the NBA Board of Governors unanimously approved Mark Walter’s acquisition of the Lakers!

League President Silver said in an interview:

Mark Walter has a deep connection with our league. He not only held a minority stake in the Lakers for a long time, but also served as the main owner of the WNBA Sparks for more than ten years. As Mark officially becomes the controlling shareholder of the Lakers, given his many successful cases in the business and sports circles, I firmly believe that he will fulfill his duties to protect this legendary team and inject new vitality into the league.

At the same time, I would like to express my gratitude and congratulations to Jeanne Buss and the Buss family - they have been leading the development of the team with transformational leadership for 46 years. Although this historic trade transfers the Buss family's controlling interest in the Lakers, I am extremely pleased that Jenny will continue to serve as team president and remain actively involved in the league.