NEW YORK – The NBA Board of Governors has unanimously approved the sale of the majority interest in the Los Angeles Lakers to Mark Walter. The transaction is expected to close shortly.

The Buss family's four-decade run as majority owner of the Los Angeles Lakers is ending as the NBA approved the sale of the team to Mark Walter.

The NBA's most valuable franchise is officially in new hands. On Thursday, the league's board of governors unanimously approved the sale of a majority stake in the Los Angeles Lakers. Mark Walter, the CEO of Guggenheim Partners and owner of the MLB's Los Angeles Dodgers,

The Los Angeles Lakers announced their starting lineup for their first Emirates NBA Cup game of the season against the Memphis Grizzlies on Friday. Luka Doncic

The NBA Board of Governors unanimously approved the sale of the majority interest in the Los Angeles Lakers to Mark Walter on Thursday. The league said the transaction is expected to close shortly. The $10 billion valuation makes it the largest sale in history for a professional sports franchise.

How to watch the NBA game between the Los Angeles Lakers and the Miami Heat, as well as tip-off time and team news.

The 2025 NBA Cup is set to begin on Friday and there are plenty of exciting group-play matchups to look forward to ahead of the weekend. The reigning tournament

The Los Angeles Lakers went into Minnesota and took a 20 point second half lead over the Timberwolves, but needed a buzzer beater to hold on to the win.