The Los Angeles Lakers are about to undergo significant change after the news broke on Thursday that ownership would be changing hands. The Buss family, represented by Jeanie Buss on the Lakers' side of things for the last decade-plus, will be selling majority ownership of the franchise to minority owner Mark Walter. Walter owns stakes in numerous other sports teams, including the Los Angeles Dodgers, and will be purchasing the Buss's stakes at a whopping $10 billion valuation.
As it turns out there is nobody more qualified to weigh in on the situation than Magic Johnson. Johnson obviously was a superstar for the Lakers back in the day and has remained hitched with the organization in varying capacities in the many years since his retirement. He is also a minority owner of the Dodgers with Walter as the controlling owner. Johnson enjoys making his thoughts on all sorts of matters known but he is uniquely qualified to weigh in on this sale given his relationships with both parties.
