Basketball/Sports
Los Angeles Lakers Sold for an Astonishing $10 Billion, Setting New Record
The Los Angeles Lakers have been sold for an unprecedented valuation, making headlines in the sports world.
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The Los Angeles Lakers are being sold for a staggering sum of $10 billion, setting a new record in sports team transactions. This figure surpasses the previous record of $6.1 billion established by the Boston Celtics just three months prior.
Noteworthy Sales in Recent History
- Los Angeles Lakers: Owned by the Buss family since 1979, Jeanie Buss has decided to sell this top NBA franchise to Mark Walter, owner of the Los Angeles Dodgers.
- Boston Celtics: Recently triumphing in their 18th championship, the Celtics were sold to private equity mogul Bill Chisholm.
- Washington Commanders: In 2023, Josh Harris acquired the team for $6.05 billion, bolstering his sports franchise portfolio.
- Chelsea FC: Sold for $3.2 billion in 2022 to a group led by Todd Boehly, alongside Walter.
- Denver Broncos: Purchased for $4.65 billion in 2022 by Rob Walton.
- Phoenix Suns: Acquired for $4 billion by mortgage executive Mat Ishbia in 2022.
- Dallas Mavericks: Sold in 2023 to the Adelson family for $3.5 billion.
- Charlotte Hornets: Michael Jordan agreed to sell his majority stake for $3 billion to Rick Schnall and Gabe Plotkin.
- New York Mets: Acquired by Steve Cohen for $2.4 billion in 2020.
- Brooklyn Nets: Joe Tsai purchased the team in 2019 for about $2.5 billion.
