The Los Angeles Lakers change ownership and will sell a 100 billion US dollar stake, setting a new record for the highest valuation of a professional sports team globally.

According to former journalist Shams, the Buss family is about to reach an agreement with TWG Global's CEO and Chairman Mark Walter to sell the majority of the shares of the Lakers. Jeanie Buss will continue to serve as the team's manager after the sale. Shams reports that sources revealed that an agreement is about to be reached with Mark Walter to purchase the majority of the Lakers' shares from the Buss family, with the transaction valued at around $10 billion, which would be the highest deal price in the history of professional sports teams worldwide.