US EditionLA Lakers Join List of Teams Being Sold at Ever-Escalating Prices
- Jeanie Buss agreed to sell the family-owned Los Angeles Lakers to financier Mark Walter in June 2025 for $10 billion, a record valuation.
- The sale follows Walter's expanding sports investments, including stakes in the Lakers since 2021, the Dodgers since 2012, and ownership in Chelsea F.C. and other leagues.
- The Lakers, with 17 NBA championships and a strong brand, had revenues over $500 million and operating income near $200 million under Buss family control since 1979.
- Mark Walter, CEO of Guggenheim Partners managing over $325 billion, plans to invest heavily to maintain competitiveness, with one source saying the Lakers will 'spend like they should spend.'
- This sale surpasses other recent franchise deals, suggesting a trend of soaring valuations and increased investment in major sports teams across multiple leagues.
47 Articles
47 Articles
LA Lakers join list of teams being sold at ever-escalating prices - Boston News, Weather, Sports
The family-owned Los Angeles Lakers are about to be sold at a valuation of $10 billion, smashing the previous record for the purchase price for a team sport. The cross-country rival Boston Celtics went for $6.1 billion just three months ago. With team values soaring, there have been a number of notable franchise transactions in recent years: Los Angeles Lakers The Lakers have been in the Buss family since 1979, but Jeanie Buss has agreed to sell…
Santa New Mexican
BVM Sports USLakers join list of teams being sold at ever-escalating prices
The family-owned Los Angeles Lakers are about to be sold at a valuation of $10 billion, smashing the previous record for the purchase price for a team sport. The cross-country rival Boston Celtics went for $6.1 billion just three months…
More and more ultrapowerful sports consortia buy teams, notes Martin Leclerc.
Winnipeg Free Press
LA Lakers join list of teams being sold at ever-escalating prices
Breaking News, Sports, Manitoba, Canada
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