NBA NEWS - NBA Board of Governors approves sale of majority interest in Lakers to Mark Walter

Jeanie Buss will remain the team’s Governor for a period of at least five years following the closing of the transaction LAKERS BUSTED

Los Angeles Lakers Magic Johnson and Boston Celtics Larry Bird in Game two of the 1985 NBA Finals at Boston Garden Date 30 May 1985 - Steve Lipofsky www.Basketballphoto.com ALL TIME NBA 1st TEAM - BREAKING IT DOWN

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The Buss family, which has owned a majority stake in the Lakers since Dr. Jerry Buss bought the team in 1979, will retain an ongoing interest - the passing of Lenny Wilkens - BAD BOYS - THIS DAY IN THE NBA

NEW YORK NY USA

Wednesday November 19, 2025

The NBA Board of Governors has unanimously approved the sale of the majority interest in the Los Angeles Lakers to Mark Walter. The transaction is expected to close shortly.

The Buss family, which has owned a majority stake in the Lakers since Dr. Jerry Buss bought the team in 1979, will retain an ongoing interest. Jeanie Buss will remain the team's Governor for a period of at least five years following the closing of the transaction.

"Mark Walter has a long association with our leagues, having served as a minority owner of the Lakers and as the principal owner of the WNBA's Sparks for more than a decade," said NBA Commissioner Adam Silver. "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.

"I also want to thank and congratulate Jeanie Buss and the Buss family for 46 years of transformational leadership and service. 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."

Adam Silver’s statement regarding the passing of Lenny Wilkens

November 9, 2025 NEW YORK

“Lenny Wilkens represented the very best of the NBA – as a Hall of Fame player, Hall of Fame coach, and one of the game’s most respected ambassadors. So much so that, four years ago, Lenny received the unique distinction of being named one of the league’s 75 greatest players and 15 greatest coaches of all time.

“But even more impressive than Lenny’s basketball accomplishments, which included two Olympic gold medals and an NBA championship, was his commitment to service – especially in his beloved community of Seattle where a statue stands in his honor. He influenced the lives of countless young people as well as generations of players and coaches who considered Lenny not only a great teammate or coach but also an extraordinary mentor who led with integrity and true class.

“I send my heartfelt condolences to Lenny’s wife, Marilyn; their children, Leesha, Randy and Jamee; and all those throughout the NBA community who were fortunate to be touched by Lenny’s leadership and generosity.”

BAD BOYS

November 18, 2025

The NBA announced today that the Cleveland Cavaliers have been fined $100,000 for violating the league’s Player Participation Policy. The violation occurred when the Cavaliers held Donovan Mitchell and Evan Mobley, who are both star players under the Policy, out of the team’s game against the Miami Heat on Nov. 12 for rest.

The Policy, which was adopted prior to the 2023-24 season, is intended to promote participation in the NBA’s regular season.

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Suns’ Dillon Brooks fined

November 14, 2025

Phoenix Suns forward Dillon Brooks has been fined $25,000 for making a lewd gesture on the playing court, it was announced today by James Jones, Executive Vice President, Head of Basketball Operations.

The incident occurred with 54 seconds remaining in the second quarter of the Suns’ 133-98 win over the Indiana Pacers on Nov. 14 at Mortgage Matchup Center.

THIS DAY IN THE NBA

November 19, 1977 The New Orleans Jazz set a then NBA record for fewest free throws made in a game--one. Despite 17 fouls by Houston, the Jazz went to the foul line only five times and made just one, yet still managed to defeat the Rockets 103-101. On January 9, 1996, the Toronto Raptors did not make a single free throw in a loss to the Charlotte Hornets, erasing the Jazz's record of one free throw.

November 19, 1983 Kareem Abdul-Jabbar of the Los Angeles Lakers became the second player in NBA history to score 30,000 points, joining Wilt Chamberlain at that plateau, as the Lakers won 117-110 at Portland.

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