Los Angeles Lakers Sold in Historic $10 Billion Deal
11mo ago· 1 min readenNews
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Summary
The Los Angeles Lakers basketball franchise is being sold in a historic deal worth an estimated $10 billion, marking the most expensive sale of a US sports team in history.
Key quotes
· 3 pulledThe majority stake of the Los Angeles Lakers basketball franchise is being sold in a historic deal worth an estimated $10 billion.
The Buss family has owned the team - one of the most iconic in sports globally - since 1979.
US media reported Wednesday that the National Basketball Association team's valuation is at least $10 billion.
The deal would mark the most expensive sale of a US sports team in history.
