He recently sold the Lakers in August. Mark Walter’s potential sale of the Sparks for $700 million would be another massive valuation for a WNBA franchise as the league continues to grow. The Sparks are one of the WNBA’s original eight franchises, joining the league in 1997, and have won three championships (2001, 2002 and 2016). A sale at that price would reflect how much the value of women’s basketball has risen, driven by growing audiences, increased investment and expanding commercial opportunities. The asking price is especially notable because Sportico valued the Sparks at $400 million, while the WNBA’s current record franchise sale is $300 million. Walter is reportedly seeking more than $700 million for the team and its new $150 million practice facility, expected to open ahead of the 2027 season.