Mark Walter’s acquisition of majority ownership of the Lakers, in a deal that puts the franchise valuation at $10 billion, is expected to close in the third or fourth quarter of this year.

Both sides confirm that Jeanie Buss will remain governor of the franchise and continue to “oversee all team operations on a day-to-day basis for the foreseeable future.” ...

Jeanie Buss isn’t leaving the Lakers for quite some time. Despite selling a majority stake to businessman Mark Walter for $10 billion, Buss will remain as the team’s governor for the next five seasons ...

Despite LeBron James' trade rumors, the Los Angeles Lakers are making headlines with a potential $10 billion sale to Mark Walter. While Walter would become the majority owner, Jeanie Buss is expected ...

Popular streamer IShowSpeed met Riley Drexel in Europe. Drexel is the nephew of Jeanie Buss. He offered IShowSpeed a Lakers ...

Los Angeles Dodgers president of baseball operations Andrew Friedman revealed that Mark Walter wants to win an NBA title for ...

The sale of the Los Angeles Lakers to billionaire Mark Walter is expected to close later this year in a deal that will see Jeanie Buss remain governor of the club "for the foreseeable future," Walter ...

While Jeanie Buss would continue as Lakers governor, the deal ends the Buss family's 46-year reign over the NBA franchise. In a time of both misinformation and too much information, ...

The impending Lakers sale was preceded by two of Jeanie Buss' closest confidants in the NBA governors community agreeing to sales for their teams in the past two years: Mark Cuban sold a majority ...

“Mark Walter is the best choice and will be the best caretaker of the Laker brand,” Lakers great Magic Johnson, a business partner of Walter's and someone extremely close to Jeanie Buss ...

Mark Walter will be the new majority owner of the Los Angeles Lakers. But he won't be the team's governor. That job title still belongs to the old owner. It's complicated. Walter and the Buss ...