Mark Walter, owner of the Los Angeles Dodgers, is acquiring a majority stake in the Lakers for approximately $10 billion. The sale concludes the Buss family's ownership since 1979, though Jeanie Buss will remain governor. This acquisition follows recent high-profile NBA team sales, including the Celtics and Bucks. Walter's successful leadership of the Dodgers, marked by significant financial investments and on-field achievements, suggests a promising future for the Lakers under his ownership.

Prepared by Emily Rhodes and reviewed by editorial team.