The Dodgers have won two World Series titles since Walter and his group made the purchase just over a decade ago. The team payroll is exceeded only by the New York Mets, at $323 million against $321 million. The next closes team is the New York Yankees at $293.5 million.

Jerry Buss first purchased the Lakers in 1979 for $67.5 million in a deal that also included the NHL's Los Angeles Kings and The Forum in Inglewood, California. The franchise passed down to his children after he died in 2013. The Buss family has owned about two-thirds of the Lakers prior to this sale.

Preview the June 18 matchup between the Los Angeles Dodgers and San Diego Padres with odds over/under, game spread, betting lines and more.

The Padres have had a tough time in LA trying to contain the offense of the Dodgers. LA took Monday’s opener 6-3 as a moderate favorite (-165) with the Over (8.5) cashing. The Dodgers followed up with an 8-6 win Tuesday as heavy favorites (-210) with the Over (10) hitting again in what was a bullpen game for LA.