It has made some wonder if LeBron James' desire to remain with the Lakers will be affected. According to ESPN's Dave McMenamin, this change in ownership will not have any bearing on what James decides to do for the 2025-26 NBA season.

Billionaire Mark Walter’s purchase of a majority stake in the Los Angeles Lakers, in a deal that values the team at $10 billion, adds another glittering asset to his sports portfolio and could usher in another championship era for the National Basketball League franchise.

According to Dave McMenamin of ESPN, Mark Walter’s deep pockets and success with the Los Angeles Dodgers make the Los Angeles Lakers more appealing for Luka Doncic. Doncic can sign a contract extension with the Lakers on August 2 for as much as four years and $229 million.

The Buss family, which has run the Lakers for 46 years, is selling a majority stake for a valuation of $10 billion.

The Los Angeles Lakers’ longtime owners have reportedly agreed to sell the team to another LA sports magnate in a deal estimated to be worth $10 billion. ESPN’s NBA expert Shams Charania broke the news on Wednesday afternoon,

The Buss family’s decision to sell a controlling stake in the Los Angeles Lakers at a franchise valuation of $10 billion marks the end of nearly a half-century when one of the most valuable properties in the entire sports world was run by an eccentric father and his sometimes squabbling children.