The Aporia
Price, K. (2026, September 15). Former Lakers owner vetted before purchase; NBA Commish details lack of ‘red flags’. New York Post. https://nypost.com/2026/09/15/sports/no-red-flags-mark-walter-lakers-purchase/
Price, Khobi. “Former Lakers owner vetted before purchase; NBA Commish details lack of ‘red flags’.” New York Post, 15 Sept. 2026, https://nypost.com/2026/09/15/sports/no-red-flags-mark-walter-lakers-purchase/.
Price, Khobi. “Former Lakers owner vetted before purchase; NBA Commish details lack of ‘red flags’.” New York Post, September 15, 2026. https://nypost.com/2026/09/15/sports/no-red-flags-mark-walter-lakers-purchase/.
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In October 2025, Mark Walter became the majority owner of the Los Angeles Lakers, officially purchasing the franchise. Prior to this acquisition, NBA Commissioner Adam Silver confirmed that Walter was vetted thoroughly in August 2025 when he was already a minority owner. The vetting process involved reviewing his business practices with governmental agencies and other leagues where he had investments, including a heavily regulated insurance agency through his holding company TWG Global. Silver stated there were no "red flags" identified during the vetting period, despite allegations being investigated by external bodies. TWG Global released a statement in late August defending their business practices and denying any wrongdoing. Commissioner Silver clarified that while issues are under investigation now, they did not affect Walter's ability to sell his team at this time.