The Lakers used a series of trades to move up for a higher pick in the second round of the NBA Draft and take Adou Thiero.

The Los Angeles Lakers are moving up in the second round of the NBA Draft tonight, acquiring the No. 45 pick from the Chicago Bulls for No. 55 and cash, sources tell ESPN.

The Buss family have agreed to sell a majority stake in the Los Angeles Lakers to TWG Global CEO Mark Walter, the two parties confirmed on Wednesday, while adding that Jeanie Buss will remain governor of the storied NBA franchise.

Mark Walter's acquisition of the majority ownership stake of the 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

According to the Associated Press, Los Angeles Dodgers owner Mark Walter's acquisition of the majority ownership stake from the Buss family "is expected to close in the third or fourth quarter of this year.