Mark Walter sought Apollo loan backed by Lakers stake

What happened

According to the Financial Times, Mark Walter sought a loan from Apollo, using his stake in the Los Angeles Lakers as collateral. Negotiations over the financing continued until Guggenheim chief Mark Walter reached a deal to sell the holding in the basketball team. The report was published on August 18, 2026.

Summary written by AI strictly from the sources below

Timeline

1. 21:47
   Reported Mark Walter sought Apollo loan backed by Lakers stakeFinancial Times

Sources