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.” ...

Mark Walter's purchase of the Lakers for $10 billion had the sports world talking on Wednesday evening. Why is Jeanie Buss selling the Lakers? What we know about record-breaking sale and new owner ...

Buss family agrees to sell Lakers to Dodgers’ Mark Walter at $10B valuation Walter, the CEO of TWG Global and Guggenheim Baseball Management, would become the majority owner with Jeanie Buss ...

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 ...

Last week, it was reported that Jeanie Buss and her family had agreed to sell their majority stake of the Los Angeles Lakers to TWG Global CEO and owner of the L.A. Dodgers, Mark Walter.With ...

The news of the sale of the Los Angeles Lakers to Mark Walter, ... Upon Dr. Buss’ passing in 2013, daughter Jeanie Buss took over as team president and has maintained that role ever since.

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 ...

A pair of conflicting reports have emerged of just how long Jeanie Buss will remain governor of the Lakers after agreeing to sell the team in June.

After giving up control of the Los Angeles Lakers, Jeanie Buss showed off a purple tracksuit and walked her tiny dogs in a ...