Adam Silver says NBA found no red flags before Mark Walter bought the Lakers

Adam Silver defended the league’s vetting process and said NBA inquiries produced no concerns before the Walter purchase; the statement arrives as Walter prepares to sell the franchise and the Buss family contests the transaction.

In this brief: 3 sections 2 min read

- Spoke to governmental agencies and insurance regulators
- Checked other leagues where Walter has investments
- Found no red flags in the NBA’s vetting process
- Walter’s quick resale to Josh Kushner and Bob Iger has legal and governance implications
- Jeanie Buss is contesting the Buss family stake sale and could lose the 15% threshold needed to remain team governor
- Ownership transition could change long-term leadership and decision-making for the franchise
- Silver noted the federal inquiries are external allegations, not an NBA investigation
- The sale to Kushner and Iger is proceeding while legal actions by the Buss family continue
- NBA indicated it will continue assessing its ownership-review processes

Read full analysis on si.com

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