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Prediction Markets: Record $333B Boom as Wall Street Buys In
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Prediction Markets: Record $333B Boom as Wall Street Buys In
More than $34 billion of American sports teams changed hands in 2026, and the buyers keep arriving from the same place. Sportico's tally of the summer's deals put the Los Angeles Lakers at a $12.5 billion valuation, the Seattle Seahawks at $9.6 billion, the Minnesota Timberwolves at $4.5 billion and the Los Angeles Angels at $4 billion, and MLB approved the sale of the San Diego Padres at a record $3.9 billion. That is five deals across the four…
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