Businessman Mark Walter’s acquisition of the majority ownership stake of the Los Angeles Lakers, in a deal that puts the franchise valuation at $10 billion, is expected to close in the third or fourth quarter of this year.

The Buss family’s decision to sell a controlling stake in the Los Angeles Lakers at a franchise valuation of $10 billion marks the end of nearly a half-century when one of the most valuable properties in the entire sports world was run by an eccentric father and his sometimes squabbling children.

The Buss family has agreed to sell the controlling stake of the Los Angeles Lakers to TWG Global CEO and Los Angeles Dodgers owner Mark Walter, doing so with a franchise valuation of $10 billion — the most ever for a professional sports franchise, according to a person with knowledge of the agreement.

Billie Jean King became the first woman to receive a star on the Hollywood Walk of Fame in the new sports entertainment category.

Mindy Kaling's new Netflix series “Running Point” is set in the world of professional basketball in Los Angeles.

The Oscars telecast hosted by Conan O’Brien and Kate Hudson playing a pro basketball team president in a new Netflix series called “Running Point” are some of this week’s new streaming entertainment releases.

Steve Kerr and JJ Redick jointly hosted some special guests when Warriors took on the Lakers in downtown Los Angeles.

The high school where Brian De Palma brought Stephen King’s “Carrie” to life, Will Rogers’ ranch house and a motel owned by William Randolph Hearst are among some of the famous structures that were damaged or destroyed by the California Fires.

This week’s new entertainment releases include fresh music from Demi Lovato, a documentary about Princess Diana that uses only archival footage and the “Game of Thrones” prequel finally arrives on HBO.