[From ESPN]

AFTER A TRANSFORMATIVE and tumultuous season for the Los Angeles Lakers, one that landed the franchise superstar Luka Doncic but ended with a disappointing first-round playoff flameout, there were serious questions about how the team could rebound.

Could the Lakers find a starting center to play with Doncic, after they'd reneged on a trade-deadline deal to land Charlotte's Mark Williams and benched Jaxson Hayes in the playoffs? Would this be LeBron James' final summer? Could they find more two-way talent to keep pace with teams like this year's champion, the Oklahoma City Thunder? What would Year 2 of the JJ Redick era look like?

What no one foresaw -- or knew to ask -- was the biggest piece of Lakers news in decades: that the Buss family, which has owned the Lakers since 1979, agreed to sell a majority ownership stake to businessman Mark Walter at a valuation of $10 billion.

Though Walter announced in a statement Wednesday that Jeanie Buss would remain governor of the team and "continue to oversee all team operations on a day-to-day basis for the foreseeable future," changes to the Lakers' flawed roster will be necessary for next season's team to be a true contender.

Read more of ESPN's story HERE