Amidst a nonstop deluge of trade, draft and free-agency rumors, Slop SZN delivered a true bombshell on Wednesday: The Buss family is selling majority ownership of the Lakers to minority owner Mark Walter at a record-setting $10 billion valuation.

The billionaire slated to takeover the controlling interest in the Los Angeles Lakers has built a career leading businesses investing in everything from sports franchises to artificial intelligence

For just under $10 billion, private equity firm 3G Capital recently bought Skechers — an ascendant global footwear brand with $9 billion in annual sales and 20,000 employees spread across 5,300 stores.