Los Angeles Lakers fans are facing a substantial increase in the cost of season tickets for the 2026-27 season, marking the first major financial shift under new owner Mark Walter. The price adjustments reflect a significant jump in demand and the team’s current market value.

Ticket Prices Soar

According to information obtained by 247sports.news, season ticket prices in the 300 level are increasing from $6,192 in the 2025-26 season to $9,035 for the 2026-27 season. This represents a 45.9% increase. Previously, the price in the 2024-25 season was $5,494. This increase follows a 12.7% hike in the last renewal cycle.

Online basketball personality Rob Perez revealed a 2026–2027 season-ticket invoice with a 14% price increase and a 3% “Admin Fee” if the price was not paid in full. Perez noted that five-month and nine-month payment plans were available for the previous season without a percentage penalty.

Walter’s Investment and Team Value

Mark Walter officially closed on the purchase of a majority stake in the Lakers in October 2025, valuing the franchise at a record $10 billion. The team confirmed the planned price increases in a statement, stating, We are adjusting season ticket prices for next season. The updates reflect the current market and demand outlook..

Walter also owns the Los Angeles Dodgers, who recently set a franchise attendance record during their championship run. The Lakers are banking on the legacy of the franchise and its current players to justify the price increases.

Leadership Changes

The ticket price increase announcement comes as longtime president of business operations Tim Harris prepares to resign at the end of the season. Lon Rosen, currently an executive vice president and chief marketing officer for the Dodgers, is being considered to fill the role.

“The Lakers are iconic. Expectations are always high. Every season is about winning a new title. Every season is about elite competition and top-level basketball, because nothing compares to success with the Purple, and Gold.”

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“This legacy of excellence sets the tone for everything the Lakers represent. Luka is shaping the present and future of basketball in real time with vision, control and impact every night. LeBron continues to define what longevity, excellence and leadership means in this league. Year after year, the benchmark remains. Austin’s star power knows no limit; his dedication to basketball is unmatched. With a roster led by the elite basketball mind of JJ Redick, the Lakers make every game a spectacle. Here’s complete basketball. It is the combination of talent and leadership that puts the Lakers at the forefront of the sport.”

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FAQ

Why are Lakers ticket prices increasing?

The Lakers have stated that the price increases reflect the current market and demand for tickets.

How much are the ticket increases?

Season ticket prices in the 300 level are increasing by 45.9% for the 2026-27 season.

Who is the new owner of the Lakers?

Mark Walter is the new majority owner of the Los Angeles Lakers.