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Mark Walter’s Lakers Era Ends in Disappointment After Mass Layoffs and LeBron Exit

Aug 18, 2026
Mark Walter’s brief Lakers ownership era is ending after less than a year, with mass layoffs, ticket price hikes, a second-round playoff exit and LeBron James leaving for Philadelphia. Now Josh Kushner and Bob Iger are taking over in a reported $12 billion deal. The Lakers enter another new chapter.
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