NBA: Lakers’ Buss family to sell majority ownership to Mark Walter in historic deal
The Buss family, owners of the Los Angeles Lakers, has agreed to sell a majority stake reportedly valued at $10 billion to TWG Global CEO Mark Walter, Afrosport reports. The deal, which marks the highest ever for a U.S. professional sports franchise will see the Buss family keep a minority share of the team, which approximately equates to just over 15%, for a period of time. According to...