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 has agreed to sell majority control of the Los Angeles Lakers, valuing the franchise at a record-setting $10 billion.

The Los Angeles Lakers were sold to Los Angeles Dodgers owner Mark Walter for $10 billion. Colin Cowherd loves this transaction and discusses how Walter can impact the Lakers.