SKY NEWS: Owner of the Lakers Jeanie Buss confirmed her decision to officially resign from her position  of authority.

Jeanie Buss, the Lakers’ owner, loses his ownership as a result of his…..bidding war.

The Lakers and Sacramento Kings are two clubs interested in the Bulls star, according to NBA reporter Chris Haynes on B/R Live.

According to Haynes, Chicago is willing to let go of LaVine but is hesitant to risk being “killed” in the trade, which raises questions about a possible deal with Los Angeles.

According to Haynes, Austin Reaves would have to return to the Bulls in order for the Lakers to make a trade; however, it isn’t thought that LA is willing to part with the guard.

“I’ve been informed that the Lakers have no interest in trading for Austin Reaves. This is going to be difficult, and it might come down to the wire, according to Haynes.

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