Los Angeles Times
Source: Los Angeles Times
6 HrsLos Angeles Times
Source: Los Angeles Times
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The article discusses significant recent changes among Southern California sports teams, highlighting billionaire owners’ influence and financial struggles. Mark Walter sold the Lakers but retains the Dodgers amid federal probes into his business dealings, while Kroenke bought the Angels. The Clippers faced sanctions and suspensions following an NBA investigation into endorsement deal violations by owner Steve Ballmer and star Kawhi Leonard. Overall, these events underscore how sports franchises are now heavily driven by large investments and business interests, with LA teams at the center of high-stakes financial and regulatory developments.
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