1 Day
Source:
The New York Times
The New York Times
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The Los Angeles Lakers are reportedly set to be sold at a $12.5 billion valuation to former Disney CEO Bob Iger and Joshua Kushner, which would establish a North American sports franchise record if approved by NBA owners. The deal follows a recent $10 billion valuation when Mark Walter purchased the team from the Buss family, highlighting the rising prices of major professional sports franchises. The Lakers’ sale is part of a broader trend of increasing franchise values across North American sports, with recent sales of teams like the Seattle Seahawks, Boston Celtics, and others reaching historic highs.
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