The Buss family is entering an agreement to sell majority ownership of the NBA franchise to Mark Walter, who is the CEO and chairman of TWG Global, according to ESPN's Shams Charania. Walter is also the primary owner and chairman of the Los Angeles Dodgers. He currently holds a minority stake in the Lakers, too.

Mark Walter, the owner of the Los Angeles Dodgers, is entering into an agreement to buy majority ownership of the Los Angeles Lakers, according to ESPN. Jeanie Buss will retain her role as the team's governor after the sale, according to the report.

The Buss family is entering an agreement to sell majority ownership of the NBA franchise to Mark Walter, who is the CEO and chairman of TWG Global, according to ESPN's Shams Charania.