Los Angeles Lakers Owners Sell Majority Stake in the Team for $10 Billion

The Buss family has agreed to sell the majority ownership of the Los Angeles Lakers to TWG Global CEO and chairman and Los Angeles Dodgers majority owner Mark Walter for a franchise valuation of approximately $10 billion, which would be the largest sale of a professional sports franchise in the world. The price beats the previous records set during the $6.1 … Continue reading Los Angeles Lakers Owners Sell Majority Stake in the Team for $10 Billion