While vacationing on a yacht somewhere on the high seas, Lakers legend Magic Johnson shared his thoughts on Mark Walter taking control of another L.A. franchise.

The sale of the Los Angeles Lakers from the Buss family to TWG Global CEO and L.A. owner Mark Walter has been announced by both parites. In addition to having been a minority owner of the team, Walter ...

Byron Scott believes Mark Walter's purchase of the Lakers could be a bad sign for Rob Pelinka's future with the team.

The Lakers are the biggest brand in the NBA, and the reported price of the deal is a record $10 billion. They have won a total of 17 championships, with 11 coming since the Buss family took over. NBA ...

Matt Barnes recently suggested that the Lakers front office could be adding Magic Johnson and Bob Myers into the fold ...

Walter, the CEO of TWG Global and Guggenheim Baseball Management, would become the majority owner with Jeanie Buss reportedly remaining in her role as Lakers governor. The Lakers have been owned ...

The Los Angeles Lakers were sold to Mark Walter for a record $10 billion, leaving Shaquille O'Neal feeling slighted. While ...

The Boston Celtics were the last NBA team to be sold when they struck a deal with a group led by Bill Chisholm earlier this year. The group purchased the Celtics for $6.05 billion, which set an NBA ...

The Buss family is entering into an agreement to sell majority ownership of the Lakers to Mark Walter, who also owns the ...

Mark Walter, the owner of the Los Angeles Dodgers, is entering into an agreement to buy majority ownership of the Los Angeles Lakers from the Buss family, according to ESPN. Jeanie Buss will retain ...

It’s the most ever for a professional sports franchise, a person with knowledge of the agreement said Wednesday.

Mark Walter has enjoyed two World Series championships and 11 division titles with the Dodgers. And now he's about to take over the Lakers. Lakers legend Magic Johnson on sale of the team: 'When the ...