Philip Anschutz completes sale of minority stake in Lakers

LOS ANGELES (AP) Philip Anschutz sold his 27% minority interest in the Los Angeles Lakers to Los Angeles Dodgers co-owners Mark Walter and Todd Boehly in a deal that closed Friday. The transaction was approved by the NBA’s Board of Governors, according to AEG. ”We remain strongly invested in the franchise’s long-term success,” Dan Beckerman, president and CEO of AEG, said in a statement.