Several NBA executives believe the recent sale of the Los Angeles Lakers will help the franchise transition from the family-run business it has been for nearly half a century.

The Buss family is in the process of officially selling the majority stake of the Los Angeles Lakers for $10 billion after owning the team since 1979.

This is the real takeaway from the sale. The days of an NBA team as a family-run operation — especially where the team is the ...

Magic Johnson was absolutely thrilled about the Lakers’ $10 billion sale to Mark Walter—and he didn’t hold back. Calling it a “perfect match,” Magic praised Walter’s commitment to winning, excellence, ...

The Buss family — owners of the Los Angeles Lakers since the late Dr. Jerry Buss purchased the team in 1979 — has agreed to ...

One NBA executive thinks the sale of the Los Angeles Lakers came at a good time. “(LeBron James) doesn’t have much more time ...

Bill Simmons is more comfortable giving credit to LeBron James rather than the Buss family for the Lakers' success.

"The Lakers need to get him into that contract" - Windhorst shares the ownership change in the Lakers means they must sign ...

Cedar Rapids native Mark Walter just became one of the most powerful owners in all of sports. The CEO and founder of holding company TWG Global is set to acquire a majority ownership stake in the Los ...

With the Lakers ownership changing hands, we dive into the biggest moments in the team's history under the Buss family.

The Los Angeles Lakers' sale at a $10 billion valuation to Mark Walter greatly surpasses every other franchise sale in NBA ...