Los Angeles Lakers News Today | 2 Min News | The Daily News Now!

Buss Family Sells LA Team for Record $10B


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The Buss family, long-time owners of a major Los Angeles basketball team, sold their majority stake in the franchise for a record-breaking ten billion dollars. Each sibling received nearly one billion dollars, while retaining a fifteen percent stake. The new owner, Mark Walter, is a billionaire and business partner of a legendary player. The sale led to significant personnel changes, including the departure of two siblings and the scouting staff. Despite the shifts, Jesse Buss expressed optimism for the teams future under Walters leadership.

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Los Angeles Lakers News Today | 2 Min News | The Daily News Now!By The Daily News Now!