Magic Johnson shared his response to the LA Lakers' impending $10 billion sale with a social media post on Wednesday. According to NBA insider Shams Charania, the Buss family has agreed to sell majority ownership to businessman Mark Walter — a move that Johnson is delighted with.On his official X account, Johnson — who led the Lakers to five championships during their "Showtime" era in the 1980s — praised both Walter and Lakers President Jeanie Buss for agreeing to the deal."Job well done to my sister Jeanie Buss for striking an incredible deal and picking the right person to carry on the @Lakers legacy and tradition of winning - Mark Walter, my business partner and friend! Mark Walter is the best choice and will be the best caretaker of the Laker brand," Johnson tweeted.The three-time NBA MVP added: "The proof is in the pudding on what he’s been able to accomplish with the LA Dodgers. Mark has been nothing short of a winner notching 2 World Series and 11 NL West divisional titles in the last 12 years!"Earvin Magic Johnson @MagicJohnsonLINKJob well done to my sister Jeanie Buss for striking an incredible deal and picking the right person to carry on the @Lakers legacy and tradition of winning - Mark Walter, my business partner and friend! Mark Walter is the best choice and will be the best caretaker of the Laker brand. The proof is in the pudding on what he’s been able to accomplish with the LA Dodgers. Mark has been nothing short of a winner notching 2 World Series and 11 NL West divisional titles in the last 12 years!In a separate tweet, Johnson said Lakers fans should be "ecstatic" at the brand of leadership Walter is set to provide in Tinseltown.Earvin Magic Johnson @MagicJohnsonLINKLaker fans should be estatic. A few things I can tell you about Mark - he is driven by winning, excellence, and doing everything the right way. AND he will put in the resources needed to win! I can understand why Jeanie sold the team to Mark Walter because they are just alike - they are competitive people, l have big hearts, love to give back, and both prefer to be behind the scenes. This makes all the sense in the world. I am so so SO happy and excited for @Lakers fans all over the world!!Buss, it should be recalled, named Johnson the Lakers' president of basketball operations in 2017 after she ousted general manager Mitch Kupchak and her brother, Jim, who was then serving as vice president of basketball operations.During his two-year stint in this executive position, Johnson helped secure the arrival of LeBron James, who led the Lakers to an NBA title in 2020.Magic Johnson pokes fun at longtime rivals amid news of Lakers' blockbuster saleThough Magic Johnson's playing days in the NBA are in the distant past, he couldn't resist poking fun at a franchise that he had epic wars with.After news broke of the Lakers' blockbuster sale, Johnson compared his old team's $10 billion valuation to that of the Boston Celtics, a franchise that was sold earlier this year."Just like I thought, when the Celtics sold for $6B, I knew the Lakers were worth $10B!" Johnson tweeted.Aside from breaking the Celtics' record for the largest sports franchise sale in North America, the Lakers' $10 billion deal is also the biggest sale of a sports franchise worldwide.