The Buss family has agreed to sell the controlling stake of the Los Angeles Lakers to TWG Global CEO and Los Angeles Dodgers ...

It was becoming hard for the Buss' to keep this a family business as the spending needed to compete gets higher and higher.

The Los Angeles Lakers are set to have a new majority owner, Mark Walter. Here's a look at how he made his fortune.

Jerry Buss first purchased the Lakers in 1979 for $67.5 million in a deal that also included the NHL's Los Angeles Kings and ...

The deal will far exceed the previous record for the largest sports team deal: the $6.1 billion sale of the Boston Celtics ...

According to Shams Charania of ESPN, the Buss family is entering an agreement to sell majority ownership of the Los Angeles ...

Walter, the CEO of TWG Global and Guggenheim Baseball Management, would become the majority owner with Jeanie Buss reportedly ...

Mark Walter, the owner of the Los Angeles Dodgers, is entering into an agreement to buy majority ownership of the Los Angeles ...

The Los Angeles Lakers will have new majority ownership, selling to Mark Walter, the CEO of TWG Global and controlling owner ...

Mark Walter, the owner of the Los Angeles Dodgers, is entering into an agreement to buy majority ownership of the Los Angeles ...

The Los Angeles Lakers have been synonymous with the Buss family for decades, but they are reportedly selling majority ...

But on Wednesday, everything changed for the Lakers. The Buss Family agreed to sell the Lakers to Mark Walter for a ...