News about Los Angeles Lakers

Reporting for @SportsCenter on the Los Angeles Lakers' historic $10 billion sale and what it means, including the Buss family retaining just over 15% of minority ownership: pic.x.com/UHZLyiU7ZZ

The late Jerry Buss purchased the Los Angeles Lakers for $67.5 million in 1979. Forty-six years later, the Buss family is entering agreement to sell the franchise for a historic valuation of approximately $10 billion, sources told ESPN. Full story: www.espn.com/nba/story/_/id/45539931/buss-family-agrees-sell-lakers-mark-walter-sources-say

I just talked to my sister Jeanie Buss to tell her congratulations, and that I’m so happy for her and family. I told her that her dad Dr. Buss would be very proud of her for getting $10B for the Lakers, the largest sports franchise sale in history!

I know that my sister Jeanie would have only considered selling the Lakers organization to someone she knows and trusts would carry on the Buss legacy, started by her father Dr. Buss. Now she can comfortably pass the baton to Mark Walter, with whom she has a real friendship and