While vacationing on a yacht somewhere on the high seas, Lakers legend Magic Johnson shared his thoughts on Mark Walter taking control of another L.A. franchise.

Both sides confirm that Jeanie Buss will remain governor of the franchise and continue to “oversee all team operations on a day-to-day basis for the foreseeable future.”

Lakers fans Thursday were adjusting to a future without full Buss family control after Jeanie Buss confirmed the storied NBA team’s record-setting $10 billion sale to businessman Mark Walter. Buss released a statement Wednesday announcing the sale of majority ownership to Walter,