The Lakers' owners, the Buss family, would sell their controlling interest in the team to billionaire Mark Walter, who already owns a minority stake in the franchise.

Walter was born in Cedar Rapids, Iowa, spending his childhood in the Midwest and as a fan of the Chicago Cubs. He would remain in the Midwest through college, going on to get his Bachelor's degree in ...

Mark Walter, CEO of TWG Global and Guggenheim Partners, is poised to acquire the Los Angeles Lakers for a staggering $10 ...

The Buss family has agreed to sell the controlling stake of the Los Angeles Lakers to TWG Global CEO Mark Walter, doing so ...