The tone was set for Walter’s tenure. Without the restrictions of a hard salary cap, the ownership group has supported a top-five payroll every season since 2013, leading the sport in spending in seven of those seasons. The Dodgers have also not missed the postseason since 2012. This is not a coincidence.

Mark Walter has owned the Dodgers for more than a decade. Here's what the Dodgers have accomplished during that time.

The Los Angeles Lakers will soon be under the direction of new ownership. Word surfaced on Wednesday that the Buss family, stewards of the Lakers franchise since 1979, have reached an agreement in principle to sell the team for $10 billion.