Mark Walter’s purchase of the team was announced in June 2025 and closed in October, meaning it’s been only 14 months since he agreed to buy the team and 10 months since the NBA’s board of governors approved it. “I can’t recall a quick control flip in pro sports M&A history,” says forensic accountant Jesse Silvertown whose firm, Hesperus, specializes in transactions within sectors including sports. “It is the fastest flip I know of,” Smith College sports economist Andrew Zimbalist tells FOS.
This article originally appeared on Hoops Hype: “It is the fastest flip I know of,” Smith College …
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