The Los Angeles Lakers are the talk of the NBA world, as they are being sold for an astronomical price of $10 billion to Mark Walters.

The largest sale in NBA and North American sports history took place on Wednesday when Mark Walter, the owner of the Los Angeles Dodgers, entered an agreement to buy majority ownership of the Los Angeles Lakers from the Buss family for a valuation of approximately $10 billion,

Walter was part of David Geffen's bid to buy the Los Angeles Clippers in 2014, when the team went for sale after former owner Donald Sterling was banned by the NBA for racist remarks. However, the team eventually went to Steve Balmer, who acquired the Clippers for $2 billion.

Mark Walter, the owner of the Los Angeles Dodgers, is entering into an agreement to buy majority ownership of the Los Angeles Lakers from the Buss family, according to ESPN. Jeanie Buss will retain her role as the team's governor after the sale,

Los Angeles Lakers governor Jeanie Buss will reportedly run the team for a "number of years" despite the Buss family's reported agreement to sell majority ownership of the franchise to Mark Walter for <a href=" $10 billion.