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NBA officially approves sale of Los Angeles Lakers in historic $10-billion deal

The NBA's board of governors has formally approved the sale of the Los Angeles Lakers to billionaire Mark Walter, the league said Thursday.

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NBA Most Valuable Player Awards - Los Angeles Lakers

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End of an era confirmed with NBA's new Los Angeles Lakers update

NBA approves $10 billion Los Angeles Lakers sale to Mark Walter

Mark Walter is the majority owner of the Los Angeles Lakers after the NBA Board of Governors approved his purchase of a controlling stake from the Buss family.

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NBA approves $10 billion sale of Lakers to Dodgers co-owner

Sale of majority share of Lakers to Mark Walter has been approved