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Michael McDaniel

Buss Family Agrees to Sell Majority Stake in Los Angeles Lakers

Jeanie Buss Lakers Los Angeles Lakers Jerry Buss Mark Walter the Los Angeles Lakers

Jeanie Buss and family are selling a majority stake in the Los Angeles Lakers. | Jayne Kamin-Oncea-Imagn Images

One year after the Boston Celtics announced that a sale involving a majority stake in their franchise, their cross-country rival is planning to do the same.

The Buss family is entering an agreement to sell majority ownership stake in the Los Angeles Lakers to TWG Global CEO Mark Walter, according to a report from ESPN's Shams Charania.

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