Buss family to sell Lakers to Mark Walter in record-breaking $10 billion deal: Reports

The Los Angeles Lakers are reportedly on the verge of a historic transition as the Buss family finalizes a $10 billion sale to billionaire Mark Walter, ending their 46-year reign. While Jeanie Buss is expected to remain as governor, Walter, CEO of TWG Global, will assume majority ownership, adding the Lakers to his extensive sports portfolio.