Mark Walter expands his sports empire after Lakers, a look at the teams he owns

Billionaire investor and sports magnate Mark Walter has once again made headlines after expanding his already formidable sports empire with the acquisition of a majority stake in the Los Angeles Lakers. With this move, Walter cements his status as one of the most influential figures in global sports ownership, adding another legendary franchise to his ever-growing portfolio.

A visionary behind TWG Global

At the core of Walter’s expansive business and sports network lies TWG Global, a diversified holding company he chairs and leads as CEO. The firm operates across multiple sectors including financial services, technology, sports, media, and entertainment.

Under Walter’s guidance, TWG Global has evolved into a powerhouse that not only manages world-renowned franchises but also nurtures innovation, sustainability, and community development through its wide-reaching investments.

Alongside Co-Chairman Thomas Tull, Mark Walter is also shaping TWG Sports, the company’s sports division, into a global enterprise that bridges different leagues and franchises through shared goals of performance excellence and fan engagement.

Teams under Mark Walter’s ownership

Walter’s sports ownership portfolio reads like a who’s who of elite teams across multiple continents and disciplines. His newest acquisition, the Los Angeles Lakers, stands as one of the most iconic and successful franchises in the history of professional basketball, with 17 NBA championships and a global fan base unmatched in reach and loyalty.

But the Lakers are only one jewel in Walter’s sports crown. His empire already includes:

Los Angeles Dodgers (MLB) – As the controlling owner since 2012, Walter played a key role in reviving the Dodgers’ competitive dominance, leading them to consistent playoff appearances and a World Series title in 2020.

Los Angeles Sparks (WNBA) – Through TWG Global, Mark Walter holds ownership of the WNBA’s Sparks, a pioneering women’s basketball franchise known for its legacy of champions and cultural influence.

Chelsea F.C. (Premier League) – Walter is part of the ownership group behind the storied English football club Chelsea, which continues to be a global force in soccer, boasting multiple domestic and international titles.

Cadillac Formula 1 Team – TWG Global also holds a majority stake in this F1 venture, representing the company’s foray into the high-speed, high-tech world of international motorsport.

Professional Women’s Hockey League (PWHL) – Walter’s ownership in the league underscores his commitment to elevating women’s sports and expanding opportunities for athletes worldwide.

Billie Jean King Cup – TWG Global’s investment in this prestigious women’s tennis competition reflects Mark Walter’s broader dedication to advancing equality and excellence in sports.

Beyond Sports: A legacy of leadership and impact

While Walter’s name is synonymous with elite sports ownership, his vision extends far beyond the playing field. Through the Walter Family Foundation, he and his family champion causes centered on education, conservation, and community empowerment.

His philanthropic efforts include protecting endangered species, safeguarding natural habitats, and promoting opportunities for underserved youth.

A respected figure in academia and culture, Mark Walter serves as a trustee of Northwestern University, Creighton University, the Field Museum, the Explorers Club, and the Solomon R. Guggenheim Foundation—further evidence of his deep-rooted commitment to intellectual and social advancement.