Los Angeles Lakers 2020 NBA champions
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The Los Angeles Lakers will have two new co-owners after billionaire Philip Anschutz decided to sell his stake in the team. Anschutz, who founded AEG, held 27% stake in the Lakers. He also owns the team’s home court Staples Center.

Mark Walter and Todd Boehly agreed to buy Anschutz’s stake. The two are among owners of a baseball team the Los Angeles Dodgers. The Buss family holds the controlling stake at 66%.