The NBA Board of Governors has unanimously approved the sale of a majority stake in the Los Angeles Lakers to Mark Walter, the longtime owner of the Dodgers and Sparks, for $10 billion. This marks a significant transition for the Lakers, a team family-run since 1979 under Dr. Jerry Buss. Jeanie Buss, daughter of Jerry Buss and current team governor, will remain in her role for at least five years post-sale. Walter, who has been involved with the Dodgers for over a decade, expressed his commitment to maintaining the Lakers' legacy of excellence. NBA commissioner Adam Silver praised Walter as a dedicated and successful sports and business leader. The sale, which was announced over the summer, is now finalized, representing a major update for one of the most iconic franchises in sports history.