Rephrase single title from this title Buss family to sell Los Angeles Lakers to owner of Dodgers . And it must return only title i dont want any extra information or introductory text with title e.g: ” Here is a single title:”

Introduction to the Sale of the Los Angeles Lakers

The Buss family is nearing an agreement to sell majority ownership of the Los Angeles Lakers to Mark Walter, the CEO of TWG Global and owner of the Los Angeles Dodgers, sources familiar with the deal told NBCLA on Wednesday.

The deal, first reported by ESPN, has a valuation of about $10 billion, a source told NBCLA.

Background on the Buss Family and the Lakers

The Buss family has owned the Lakers since 1979. Jeanie Buss, who took over the Lakers after the death of her father Dr. Jerry Buss, will continue to serve as the team’s governor after the sale, an indication that the Buss family’s long history with the Lakers will continue.

Reaction from Magic Johnson

Magic Johnson, who led the Lakers’ "Showtime" era, took to social media and said Laker fans should be "ecstatic" about the new ownership, calling Walter "the best choice" and "best caretaker of the Lakers."
"(Mark Walter) is driven by winning, excellence, and doing everything the right way. AND he will put in the resources needed to win!" Johnson said.
Laker fans should be estatic. A few things I can tell you about Mark – he is driven by winning, excellence, and doing everything the right way. AND he will put in the resources needed to win! I can understand why Jeanie sold the team to Mark Walter because they are just alike -…

— Earvin Magic Johnson (@MagicJohnson) June 18, 2025

Current Status and Next Steps

NBCLA has reached out to the Dodgers organization for comment.
This is a developing story. Check back for updates.

Conclusion

The sale of the Los Angeles Lakers to Mark Walter marks a new era for the team, with the Buss family’s legacy continuing through Jeanie Buss’s role as governor. The valuation of the deal at $10 billion reflects the significant value of the Lakers franchise. As the details of the sale continue to unfold, fans and stakeholders will be watching closely to see how this new ownership affects the team’s future.

FAQs

• Q: Who is buying the Los Angeles Lakers?
  A: Mark Walter, the CEO of TWG Global and owner of the Los Angeles Dodgers, is buying the majority ownership of the Lakers.
• Q: What is the valuation of the deal?
  A: The deal has a valuation of about $10 billion.
• Q: Will the Buss family still be involved with the Lakers?
  A: Yes, Jeanie Buss will continue to serve as the team’s governor after the sale.
• Q: How has Magic Johnson reacted to the news?
  A: Magic Johnson has expressed his support for the new ownership, stating that Mark Walter is the "best choice" and "best caretaker of the Lakers."