The Lakers are the biggest brand in the NBA, and the reported price of the deal is a record $10 billion. They have won a total of 17 championships, with 11 coming since the Buss family took over. NBA legend Magic Johnson was a member of five of those championships, and he's excited about this massive transaction.

Magic Johnson is a Los Angeles Lakers icon. The NBA legend was the engine that powered 'Showtime', and the league owes a lot of it's current success to him. And

Few people in NBA history understand what it takes to make the Los Angeles Lakers successful better than Magic Johnson, and the legendary former point guard is "ecstatic" about the reported sale to Mark Walter.