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 agreed to a deal to sell majority ownership of the Los Angeles Lakers to L.A. Dodgers co-owner Mark Walter for approximately $10 billion.

The Buss family is entering an agreement to sell a majority stake in the Los Angeles Lakers, ESPN reported on Wednesday (June 18), marking the end of an era for one of the NBA's most influential owners.