The Buss family agreeing to sell the majority ownership of the Los Angeles Lakers to Mark Walter for $10 billion was a historic deal for one of the most coveted NBA franchises. It was the most lucrative agreement ever for a professional sports franchise in the United States.
The franchise hasn't had a winning season since 2021, and they are coming off back-to-back years in which they won only four games. Owner Robert Kraft turned 84 years old earlier this month, and even if he isn't quite ready to have that talk, a succession plan should be in place.