Magic Johnson may be a part-owner of the Washington Commanders, but is still thrilled with his old team in the NBA.

After nearly half a century shaping one of the NBA's most well-known franchises, the Buss family is stepping down as majority ...

The Buss family has agreed to sell a majority stake in the Los Angeles Lakers to billionaire Mark Walter, valuing the iconic ...

With this latest deal, the longtime Guggenheim Partners CEO now has one of the largest-ever sports portfolios.

The Buss family has agreed to sell the controlling stake of the Los Angeles Lakers to TWG Global CEO and Los Angeles Dodgers owner Mark Walter, doing so with a ...

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 ...

LOS ANGELES, United States - The Los Angeles Lakers are being sold in a record-breaking $10 billion deal that makes 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 ...

The Lakers have recently been sold to a new owner. While some ownership changes have helped franchises, that hasn't always ...

Walter was part of David Geffen's bid to buy the Los Angeles Clippers in 2014, when the team went for sale after former owner ...