Jeanie Buss — the president and controlling owner of the NBA's Los Angeles Lakers — took over the team after her father, Jerry Buss, died in 2013. She will still assume her role as Lakers governor, ...

Once approved this summer by the Board of Governors, it will be Mark Walter, the CEO of global investment firm Guggenheim Partners, who will have bought the franchise at a $10 billion valuation.

When Jerry Buss, a former chemist turned real estate mogul, acquired the Lakers in 1979 for $67.5 million, he not only bought a basketball team, but capitalised on an opportunity to transform the ...

Businessman Mark Walter’s acquisition of the majority ownership stake of the Los Angeles Lakers, in a deal that puts the ...

The Buss family is entering an agreement to sell a majority stake in the LA Lakers marking the end of an era for one of the ...

The Lakers and Buss clan have been inextricable since 1979 — the longest active ownership tenure in the NBA — but Mark Walter's stunning coup effectively ends this improbable era.

The Los Angeles Lakers has confirmed Mark Walter will purchase a majority stake in the NBA franchise from the Buss family, a ...

The Buss family's decision to sell a controlling stake in the Los Angeles Lakers at an eye-popping franchise valuation of $10 billion marks the end of nearly a half-century when one of the most ...

Brian Windhorst thinks the Lakers being sold to Mark Walter for $10 billion could be pretty bad for the rest of the NBA.

The Buss family has decided to sell the majority stake of the iconic NBA franchise for a whopping valuation of $10 billion dollars.

The Los Angeles Lakers’ longtime owners have reportedly agreed to sell the team to another LA sports magnate in a deal estimated to be worth $10 billion.

The Buss family is finalizing an agreement to sell majority ownership of the Los Angeles Lakers, valued at $10 billion, the highest in program sports in the United States, to billionaire Mark Walter.