NBA Approves $10 Billion Lakers Sale to Mark Walter
NBA owners have signed off on Mark Walter's $10 billion purchase of the Los Angeles Lakers from the Buss family.
The price tag is the largest ever in a control sale of a sports franchise. Mark Walter, the CEO of Guggenheim Partners LLC and owner of the Los Angeles Dodgers, agreed to buy the Lakers in June.
- The $10 billion price tag sets a new record for a control sale of a sports franchise.
- Earlier this month, the New York Giants sold a 10% stake to Julia Koch and the Koch family at a valuation of $10.3 billion.
No comment from the parties involved was available.
Author's summary: NBA owners approve $10 billion Lakers sale.
More News
- Humphrey School Students Host First-Ever Minneapolis Mayoral Forum
- Drama Department Improv-Comedy Hit “Sense and Austensibility” Wows Crowds -
- Illinois House Democrats push first-in-the-world wealth tax, streaming, concert taxes
- Dean Lewis Shares Statement Following Misconduct Allegations
- 2025 NBA Cup TRACKER: Scores, Schedule, Standings
- BREW UP SOME FUN: Seagram’s Escapes Unveils Frightfully Delicious “Monster Mash Punch” Recipe for Halloween
- Park | Sliwa Should Not and Will Not Drop Out
- LinkedIn gives you until Monday to stop AI from training on your profile
- After Busy October, Plenty of News Still Could Be Made in November
- Billie Eilish Calls on Billionaires to Do More for People in Need