Mark Walter's purchase of the Los Angeles Lakers is reportedly viewed as a beneficial move as it relates to Luka Dončić's long-term future with the organization.

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.

While vacationing on a yacht somewhere on the high seas, Lakers legend Magic Johnson shared his thoughts on Mark Walter taking control of another L.A. franchise.