NBA commissioner Adam Silver shared his thoughts on the Lakers' change of ownership after the league approved the legendary franchise's sale to Mark Walter.

The league's most valuable franchise is officially in new hands after one of the most lucrative ownership transfers of all time.

The NBA’s Board of Governors has voted unanimously in favor of the sale of the Los Angeles Lakers’ majority interest.

EL SEGUNDO, Calif. --Los Angeles Lakerscontrolling owner Jeanie Buss listened to the news conference in which Magic Johnson abruptly resigned aspresident of basketball operations on April 9 and felt like she was in a time machine. The words, the substance ...

Magic Johnson, an investor in the L.A. Dodgers ownership group, credited majority owner Mark Walter for having the franchise two wins away from its third World Series title in six years.