The Buss family, architects of 11 NBA championships, is poised to relinquish their four-decade reign over the LA Lakers, with ESPN reporting they are entering an agreement to sell a majority stake in basketball's most glamorous franchise.

History of the Lakers since being bought by Dr. Jerry Buss in 1979, taken over by Jeanie Buss in 2017 and sold to Mark Walter in 2025.

The Buss family agreed to a deal to sell majority ownership of the Los Angeles Lakers to L.A. Dodgers co-owner Mark Walter for approximately $10 billion.

The Buss family, architects of 11 NBA championships, is poised to relinquish their four-decade reign over the LA Lakers, with ESPN reporting they are entering an agreement to sell a majority stake in basketball's most glamorous franchise.

The Buss family’s decision to sell a controlling stake in the Los Angeles Lakers at a franchise valuation of $10 billion marks the end of nearly a half-century when one of the most valuable properties

After nearly half a century shaping one of the NBA's most well-known franchises, the Buss family is stepping down as majority owners of the Los Angeles Lakers, marking the end of an era that fused sporting dominance with Hollywood spectacle.

NBA insiders are eyeing improvements from the Los Angeles Lakers' management and their spending habits following the team's reported sale by the Buss family.

The Los Angeles Lakers are the talk of the NBA world, as they are being sold for an astronomical price of $10 billion to Mark Walters.