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Bill Simmons Gets Into It With Magic Johnson Over $10B Sale Of The Los Angeles Lakers

Summary by BroBible
magic johnson bill simmons Earlier this week, the Los Angeles Lakers became the most expensive sports team in history as they were sold to a group led by Guggenheim Partners CEO Mark Walter for $10 billion. Walter, 65 years old, previously owned 20 percent of the Lakers before purchasing a majority share. The $10 billion that the Buss Family received for the Los Angeles Lakers after 45 years of ownership dwarfs the $6.1 billion paid for the Bost…
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LeBron James, Luka Doncic and their Los Angeles Lakers teammates may be watching from home the increasingly exciting NBA finals, but the Lakers have jumped to the headlines this week when they were sold for $10 billion, making it the biggest sale of an American sports team in history, dwarfing the sale of the Boston Celtics by $6.1 billion last March, which already held the record. That shows how valuable Los Angeles Lakers are, even compared to…

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BroBible broke the news in on Thursday, June 19, 2025.
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