The NBA’s Board of Governors has unanimously approved the sale of a majority stake in the Los Angeles Lakers to Mark Walter, with the transaction expected to close soon. The Buss family, who have owned the team since 1979, will retain a stake, and Jeanie Buss will continue as the team’s Governor for at least five years, ensuring ongoing leadership during this transition.
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NBA Approves Mark Walter’s Purchase of Lakers Jeanie Buss to Remain Governor for Five Years
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