Buss Family Sells Lakers, Marking a New Era for the Franchise and NBA Ownership

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Source: ABC News - Breaking News, Latest News and Videos
Buss Family Sells Lakers, Marking a New Era for the Franchise and NBA Ownership
Photo: ABC News - Breaking News, Latest News and Videos
TL;DR Summary

The Buss family's nearly 50-year ownership of the Los Angeles Lakers has ended with a sale to Mark Walter's group, valuing the franchise at $10 billion, marking a significant shift from a family-run business to a resource-rich ownership group focused on competitive success.

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